by Scot Aubrey Everyone loves a good survivor story. Whether it is a group of 12 boys rescued from a cave in Thailand or the indomitable spirit of a soldier who endured more than two and a half years as a POW during World War II, these stories strike a chord with all of us. Naturally we put ourselves into the...
By Brad Beckett This Monday, July 4th, will mark 245 years of America’s independence! Today’s infographic takes a look at the Fourth of July “by the numbers” and provides insight into this holiday that we Americans hold dear. Whatever you do to celebrate, do it safely and have fun…..and, as always, Stay safe and have a Happy Friday!!! “On July 2nd, 1776,...
By Brad Beckett Today's graphic from Accruit reminds us that the ability to defer taxes through a 1031 like-kind exchange is a valuable taxpayer benefit, but to receive it, the rules pertaining to identification and acquisition of replacement property must be strictly followed. They have outlined the 5 requirements for identification of replacement property in a 1031 Exchange. Indeed.....Stay safe and...
By Brad Beckett There is a lot of misinformation out there about landlords and profit margins from their investments. Today’s infographic from the National Apartment Association rightly calls supposedly large profit margins a “misconception” which is why they chose to explain where $1 of rent really goes. Indeed……Stay safe & have a Happy Friday!!
[IN] If you are not yet aware some big hedge fund billionaires are buying up rental houses. Two are working my small town. This is changing the face of renting houses. One has over 35,000 homes nationwide. The other has thousands and is buying 1000 each week. They want to buy my entire portfolio. He said they have “billion$$$”. They are spreading out from...
By: Jake Zuckerman - May 11, 2022 4:00 am An Ohio House committee passed legislation Tuesday that would block local governments from banning or directly regulating short-term rentals like Airbnb within their borders. The legislation blocks towns and counties from enacting ordinances that prohibit businesses or people from renting property for less than 30 days at a time. Additionally, it blocks them...
Curtains for Closet Doors (by WMH [NC] ) Posted on: Feb 10, 2022 9:34 AM I do hate swinging doors, they take up so much space and we have small places. Bi-folds are terrible, always getting broken and falling off. Sliding barn doors only work in certain spaces. Ditto pocket doors. In our small cottages we have been using curtains on closets for...
[MO] Applicant: "Can you work with me on (the 1st month rent/the deposit)?" Me: "No, we already have contractors." or just "No". [FL] No, I’m not in a position to be your lender and require move-in funds to be paid in full before keys are turned over. [NY] No. I actually have it in my ads and when I discuss about the apartment "first and security...
A landlord mentioned on the MrLandlord Q&A forum that they receive a lot of inquiries (in one particular case, over 1,000) and hundreds of applications. However, by the time he gets back to a couple of the truly qualified applicants, they have already found another rental home. I offered the following suggestion: How long do you take before you get back...
What are your requirements AL Have a lot of folks online, asking "what are your requirements". Scared to answer that in writing for fear of inadvertedly violating something...and, of course, I hate to tell them what lies to tell....So I just reply with here's our application. My question to ya'll: Is it safer to have written criteria? If so, do you PROACTIVELY...