Trevor Brunckhorst
1st timer, looking for assistance.
Hello all. Thank you in advance to anyone who takes the time to respond to this thread or help me understand. I've never invested in any real estate. In fact, I bought my primary residence June 4th. I primarily wo...
Ryan Louz
$120k in cash - Want to buy a second condo (Which state/city should I look in?)
I'm currently an owner of a 1 bedroom condo in the SF Bay Area, California that has performed okay on AirBNB and on the private market.
I've got about $120k cash saved up (I know, not much, but thought it wouldn't hu...
Robert Steele
De Minimis Safe Harbor Election (expense rather than depreciate?)
Does anyone know what to make of these new IRS rules that came into effect for 2014? (but I believe are back dated to 2011)It sounds to me like we can start deducting a large number of those repairs we used to have to...
Jeremy Lee
Month-to-month lease and rent increases (Orange County CA)
Hi all,I'm currently in an apartment complex in OC and received the documentation for lease renewal end of July. They outline the terms for 12mo as well as month-to-month and are saying if we don't renew we will just ...
Dada Keryk
Im renting my condo and have some questions about tax return
I have rented my condo in august 2013 using property management service.
Tenant paid whole year in advance ( lump sum/single payment ) .
I have received sum of 9000$ from property management and that is aft...
Alex Aronson
What % of gross rents should be allocated to repairs
Hello,
Just finished my taxes for 2008. I noticed that my % of cost from repairs compared to gross rents was 4.7%. I currently budget 10% of gross rents for repairs. IE if rents are $800 a month, I set aside $80 f...
Lee Nawrocki
How to I get funding for properties with no money?
I am wanting to know how I would be able to fund a property without having the cash myself or having a close connection that has cash. I am just beginning this journey and I see properties that would be good to inves...
Artem Shum
What your favorite turn key companies are?
I am a total beginner in this game looking for a low-priced first-time investment and curious if anybody has any good turnkey companies suggestions? My budget is 150K-200K looking to purchase with a conventional loan.
Clay Manship
The $50,000 Wholesale Deal & Creative Wholesaling
So, a couple of weeks ago I closed one of my favorite wholesale transactions of my career. No, it wasn't the biggest, but it had to be the best--because it combined my years of knowledge and learning each piece of the...
Chris Chang
Meet up in Edmonton
Hello all, I just want to gather some interest to see if any investors on this board would like to meet up in Edmonton? We are a group of investors that's active in the Edmonton and Calgary market. We are actively loo...