Kimberly T.
Can you charge a different application fee for a married couple versus 2 individuals?
I'm researching PMs in other markets we're considering buying in, and have seen some PM sites with info for prospective tenants. When I look at their apps, I have seen some with the following type of set up:
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Cara Lonsdale
Depreciation - What the heck??!
A few questions...........To what extend does depreciation really affect a person's taxes/capital gains on a property when it is sold?Does it benefit or harm a person to claim LITTLE TO NO depreciation each year on a ...
Alex Palma
Dishearten Investor after no response to Mailers
Used yellowLetters complete to send a 6 month campaign to outside owners (absentee) non-llc, who have 50-100% equity in the Florida Keys. I fielded over 150 calls, and had no reasonable leads. I added a new phone num...
Jennifer Darby
Best carpet for a rental property
Does anyone recommend a good carpet for a rental house that I am renovating? I am doing wood laminate downstairs but I need to carpet upstairs bedrooms.
Gary Fraser-Lee
Loan Due on Sale clause when changing name on Deed
I have a rental property that I want to move into a newly created LLC in order to get it out of my name directly.Since I have a mortgage on the house, I reached out to the Mortgage company and they say that I can not ...
Kranti K.
Defend subpoena to trust.
Has anyone dealt with objecting a subpeona to a land trust to disclose beneficiaries. Apparently it is easy to send a subpeona to the trustee to get beneficiaries information. What is the value of a land trust if it i...
Randy F.
Do It Yourself Donts
Being that there are many more wrong ways to accomplish a given task than there are right ways I thought a thread covering some of the "donts" might be useful for those just getting their feet wet in repairs and renov...
Dhwani Shah
Made a mistake in purchase contract, how do I correct it?
Hey guys. So my wife and I are in the process of buying a home for ourselves. We have one investment property, but this is the first home for ourselves. The listing price for this was 320k, but we ended up getting it ...
Zac P.
Partnering for "buy and holds"
I have had numerous people around me interested in investing, but do not want to do it alone (no experience). While I am no guru by any means, I know a lot more than the average person. I am seeing potential opportuni...
David Coombes
2% v. 50% Rules in Saint Louis
Today For the last several months I've been analyzing properties listed for sale in the Tower Grove and select South City areas of Saint Louis to buy and hold. Very few are meeting the 2% rule though some pass using t...