Account Closed
What repairs are okay for tenants to make on their own?
I have a tenant who contacts me weekly for repairs. Some are legitimate and require a specialist, while others are trivial, such as replacing a sprinkler, and it's getting very tedious.Which repairs can I reasonably e...
Dave Blackman
BRRRR confusion on equity refinance portion
Hi everyone -- I'm two SFH's in on my REI journey and looking for more! Want to do some BRRRR but am a little confused on how the numbers work. Will this strategy not work when purchasing a property conventionally (...
Amol K.
Do I really need my LLC?
I have a few rental properties, all financed via conventional mortgages in my own name, and property titles also in my own name. I also have an LLC.
When I rent out these properties, the rental contract is between th...
Josh St Laurent
Favorite STR Property Management Software?
My wife and I are about to launch our first STR and want to build systems and processes from the get-go. Currently considering Hospitable and Breezeway and am open to other ideas. A program like PriceLabs also seems...
David Smith
How to determine how much to pay for a short sale?
Let's say I find a great traditional shortsale where the asking price is $250,000. Can I go below that asking price and still get the deal accepted by the bank? If so, what research can I do that might help me deter...
Christopher Smith
Commerical Real Estate
Hey guys so i have a question. Coming up on buying a 51 Unit apartment Complex. 8.23% Cap Rate bringing in 328K after all expenses. I have 2 lenders that will fund. One will do 80% LTC and the other is a Gap Funder th...
Evan Loader
Receipt of K-1 from a syndication
Just a quick query of the syndication sponsors out there. 2019 will be the first tax year that I have participated as an LP in a syndication(3 properties, 2 separate deals). When do you typically have the K-1 sent out...
Gregg Wood
The Incredible Shrinking Real Estate Investor
Investors continue to be a big percentage of home sales although overall home sales are rather low. Big investors started pulling back from the housing market late in 2013 and steadily into 2014. But even as that tr...
Kevin Shuler
Single Family used as Duplex
HI There,I know it's been covered a few times, but I wanted to start a new thread as it's kinda unique.I'm shopping a property in Aurora, CO zoned R1. The entire area is zoned R1. It was converted some time ago to sep...
Dan Chandler
Paying Tax on Rent
I am filing with the state to form an LLC in which to purchase homes and rent them out. There are a lot of questions about sales tax. Do I pay sales tax on the rent that I will be collecting? And if I do, is it just f...