Mark Forest
Where do I deduct non specific expenses
All my houses are owned as a sole proprietorship. What do I do with non specific expenses like education, seminars, membership to my real estate group, etc?
Rocco Swinney
Deduct costs spent on investment property that didnt close?
hi all
I have an investment property under contract. It all has been going smoothly, but to make a long story short. Its starting to go south. I spent about 1.5k between dd, etc.
My question is If i terminate i beli...
Clint Galliano
Cash Flow Analysis Vacancy Percentage for SFR?
I am wondering what is a good vacancy percentage to use in my cash flow analysis? Recommended values range from 5% - 40%. I want to be realistic, but I don't want too miss out on a solid performer because I was too co...
Kila Keuma
Personal Finance Personalities to listen to after Dave Ramsey
Hello,
I saw a short story of Robert Kiyosaki where he was talking about financial advising personalities. He said that if you are poor you listen to (name I didn't catch). If you are middle class you listen Dave R...
Nicole S.
My HoA is denying the build of a detached ADU in Snohamish... can they do that?
Hi friends!I'm in Snohamish County, WA. I have confirmed with the county that an D/ADU is permitted on the property. The HoA says no. Here's the thing:- State and local government permits ADU's and the structure we wa...
Account Closed
Austin Texas Investors & Agents ('Neighborhood Grades' Project)
Hello everyone! I'll get right to it...I am an investor who lives in Denver, flips out-of-state and reinvests into rentals in metro Denver. I recently launched this project, called "Maximus Neighborhood Grades" in an ...
Scott Hubbard
Assignable Approval Letter
Last week I received a second mortgage short sale payoff for a lender and it had it did not specify me as the buyer. I did not get too excited because 2nd mortgages often do not name the buyer. Then
yesterday, I rec...
Alexander V.
Florida Law: non-specific advanced notice of entering
I just had an interesting exchange...
I'm both a landlord and a tenant in Florida. While I always give specific advanced notice of entering to my tenants (e.g. I tell them exactly what day and time I will be there), ...
Amy Prosser
Making sure we don't repeat mistake
We flipped our second house (did several manufactured homes first), and hopefully closing next month. Not going to make much, and trying to figure out why. The house went on market 7/1/17. So the HML payments reall...
Account Closed
How to estimate rehab properly
Hello, I found a couple of rehab properties, I know the comps and market. I am having a little trouble estimating the rehab and the process. Can I send a general contractor (non specific) out there and they can tell m...