Gavin Majors
Per diem food write off
I heard somewhere that there is a seven dollar per diem write-off allowed for food when visiting a rental property. Does anyone know if this is correct? Seems a little low.
Donna Ragan
Partnership Contract
Hi,Does anyone have a real estate investing/rehab partnership contract or template they would be willing to share? I am going into a partnership with a building team where I buy the house and they do the rehab. At ...
Stephen E.
Dishwasher leak, chances of mold.
We had a leak from a recently installed dishwasher due to a failed hose connecting it to the water supply. That is my handyman's diagnosis and he has installed a new hose, fixing the leak. The problem is that the leak...
Michael Palmore
How to determine target area when purchasing "buy and holds" in Philadelphia
I was told that a good target area to purchase buy and hold where areas that have the most jobs or near college campuses. The area with the most jobs is center city and that's way out of my price range and the same wi...
Stephen Sawrie
financing with SD IRA
not sure if this is the appropriate forum, so I also posted on one other forum. here goes:SD-IRA, checkbook control (LLC). want to purchase multiplex for 290k but finance around 30-40%. I am told that the loan to t...
Jeremy Drawas
Fridge Leaking from Ice Maker
I'm in Garner, NC and I have a fridge that is leaking water. I had a repair guy go out there to 'fix' it twice, but was unable to do so. Apparently the waterline to the ice maker is freezing up, causing leakage and he...
Sarah Lorenz
Setting ARV based on comps vs. market demand?
Having a little "discussion" with my partner about setting the ARV on a flip based on the few comps available, vs. an analysis of market demand. In our area, there is high demand, very low inventory and very, very low...
Account Closed
Tell Me What You Guys Think of This (Example Only)
As an exercise, I want to discuss this property I saw online. I hope I'm not violating any rules. I'm not the seller, not trying to get business, etc. This is strictly so I can see if some of my creative/visionary/...
Daniel Klucas
Can I write off a golf cart for golf course rental home?
We are in the process of purchasing a rental home in a golf course community and everyone has a golf cart. So, can I write off the purchase of a golf cart for golf course rental? Advertising the property to include t...
Jessica James
Historic Downtown Julian Multi-home Airbnb
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Julian.
Purchase price: $575,000
Cash invested: $15,000
My first home purchase! House hacked for a year while living in th...