Venkat Dabri
Penalities due to late tax filing
This year I was heavily strapped for cash due to a family emergency. I couldn't file my taxes on time and I had to file for an extension. Usually I receive a very large refund but this time I had to pay a huge amount ...
Fabian Escobar
Existing tenant asking for a phone call
We have an existing tenant in our single family home rental property. They would like to schedule a phone call to discuss future rent. “Ideally we would like to sign a longer term lease and it would be incredible if w...
Nick Nelson
Anything we're missing to reduce tax burden on sale of STR?
We are selling a Virginia property which we bought as our primary, but switched it to an STR. We held as primary for a year and STR for 2 years filing the appropriate tax declarations/forms etc. during each stage. The...
Matt Willis
Partners vs Syndication
At what point does the SEC get involved when it comes to partnering? I hear sydicators mention SEC rules around their deals. But if I were to raise money for a sfr, or small multi family, could I not just form an LLC ...
Phillip Mazur
When to “hold” em and when to “sold” em!
We currently hold 5 rental properties totaling 15 doors. All properties are in northern Illinois and we have since moved to Arizona. We have been self managing from afar utilizing previous service providers and friend...
Steve Fitzgerald
How to mitigate party rentals
We have a cabin in the North Carolina mountains. It’s renting extremely well. The cabin isn’t isolated so if a group is outside being loud or playing loud music our neighbors hear it very well. One of our neighbors in...
Jeremy Porter
The Essential Impact of Choosing the Right Property Manager
Managing a property involves a myriad of responsibilities, from tenant relations to maintenance, financial oversight to legal compliance. For property owners, the decision to hire a property manager is a strategic one...
Joshua Kohl
Lawncare and tenants
Under contract on a duplex and it seems that the current owner does lawncare. Any ideas on how to push this onto tenant? No garage so no place to store lawn equipment. Increase rent and pay law service out of incre...
Dominic Ruegemer
How to hire office personnel
How do you all handle your books and monthly bills?I’d love to hire someone to do this but I’m not sure how to go about it.I have a handful of rentals and am flipping houses. Right now I’ve got two on the market, thre...
Luke Nam
What to do with bad credit and low cash reserves
Hi everyone first off very excited to be on here and excited to learn more about real estate investing. My situation is kinda weird as I started out in real estate about 1 year ago, I got into short-term rentals and h...