Hi everyone, could use your input and help!I have been house hacking a duplex in Oakland the last year. Tenants moved in January 2022. First few months were fine, but some issues started coming up. They're on a subsid...
I am new to managing properties and only managing this one. I have three properties and one is local and I inherited this tenant from the seller. first month she paid on time with zero issues. The previous managem...
I dove into the IRS code today, and I think I have an airtight argument that the de minimis rule applies not only to personal property like refrigerators and computers, but also to materials and supplies used in impro...
Hello, I met someone yesterday who recommended I post on these forums to get some valuable feedback from this community - many thanks in advance. Going to condense the story as much as possible so it's not horribly TL...
I'm hoping someone who's done a 1031 exchange before, or a CPA, can swoop in and drop some knowledge on me. I was over at my CPA's getting my taxes done and talking strategy for this year when the idea of a 1031 excha...
There is a property that I have been watching for the last six months.
Starting at 219K, it lowered it's price 209K, 199K, 189K, 179K, 169K, 159K in between it went under contract twice, then came back on the...
Here are a few list of ethics a good Hardmoney lender will follow and borrower to be cognizant about. 1. Do not Bait and Switch IE you see the 100% LTV 5% rates which we know don't exist. Don't advertise what you ar...
BP Hivemind. My PM has the following language in tenant leases. They, however, keep the monthly fee of $25 per month. Based on the below language, would you agree that they should be keeping this $? Clearly, I don...
In the screening process of prospective tenants and iv come across a family who has low credit scores but make above 3xs rental income. Previous landlords have all come back and said they have never missed any payment...