Aaron Sheagley
Interior paint color for a flip
Hi everyone, Working on my first flip and I need to pick my paint colors for the house any good tips on choosing the right neutral colors?House gets a lot of natural light and the kitchen will be mostly white and the ...
Matt W.
Noob dumb tax question.
OK apologies in advance if this is a dumb question, but I'm not quite getting it. Background, this is my first rental, manage and maintain it myself. In Wilmington, NC. Small 3br/2ba. Total payment is $794 and rents ...
Gjon Rexha
Capital Gains TAX Avoidance
Hello all First post! My firm is purchasing a MF property from this couple in their mid 70s-80s. They purchased the property in 1992 and are looking to avoid paying capital gains tax on the property. What would be the...
Will Kern
Predatory RE investors in DC
Headline: This man owed $134 in property taxes. The District of Columbia sold the lien to an investor who foreclosed on his $197,000 house and sold it. He and many other homeowners like him were left with nothing.
He...
Brent Skaling
RE Rookie standing at the fork in the real estate road (still)
I've been down the podcasting and "self education" path for close to two years now but I'm still taking baby steps. . . more like crawling. This spring, i took out a cash out refi on my primary residence, to use as do...
Noelle Debruhl
STR taxes on AirBnB and VRBO
Does anyone have info on what happens to occupancy taxes collected by AirBnB? They automatically take a 10% charge from the guest for this but it doesn’t go to me. Secondly VRBO does not auto charge tax so I set it to...
Nick Brubaker
For landlords, big bank or community bank?
Hello all,I have recently purchased my first rental property and am trying to find the right bank. I'm wondering if it's better to choose one of the larger banks (Wells Fargo, Bank of America, PNC Bank, etc.) or a lo...
Timothy Smith
Best Accounting Software for Rental Properties
Greetings all! What is your opinion on the best accounting software for Rental Properties? Looking to upgrade my excel spreadsheets into a better system to keep track of income and expenses.
Bradley Jernigan
A 50 unit Multi-family deal analysis
A 50 unit MF apartment is currently 90% occupied with rents averaging around 1000. If the cap rate of the area is around 6% and operating expenses are around 40% of the Total Gross Rental Income then what is a rough e...
Carl Fredrickson
Becoming an accredited investor
I'm still a while off from needing these answers, but out of curiosity...How stringent is the $1million net worth requirement to become an accredited investor? Is it to the penny, or is it more of a rounding thing (so...