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All Forum Posts by: Nia Wingard

Nia Wingard has started 3 posts and replied 6 times.

Post: Air bnb LLC agreement - how would you set it up?

Nia WingardPosted
  • Real Estate Agent
  • Brooklyn, NY
  • Posts 6
  • Votes 0

We are doing air bnb in our home and created an LLC. I consulted a lawyer and they said that we should create an agreement between the LLc and us to cement the protection from litigation (I hope that makes sense). are there any general documents that would satisfy this? Would we have to have something specific drawn up, then culinarily an attorney to make sure that the language is clear?

Post: Long term stays with air bnb

Nia WingardPosted
  • Real Estate Agent
  • Brooklyn, NY
  • Posts 6
  • Votes 0

@Lien Vuong thank you! I appreciate you coming in. That information was helpful.

Post: Long term stays with air bnb

Nia WingardPosted
  • Real Estate Agent
  • Brooklyn, NY
  • Posts 6
  • Votes 0

@Colleen F. Thank you so much. That information was very helpful.

Post: Long term stays with air bnb

Nia WingardPosted
  • Real Estate Agent
  • Brooklyn, NY
  • Posts 6
  • Votes 0

I just bought A house with an extra room attached to it. I furnished it and posted on Airbnb. I have already gotten one today rental another five day rental after that and I have one person who wants to rent for five months. Does anyone know what the law is or the process is in Massachusetts if the person does not want to leave or pay? I’ve looked all over the Internet and can’t find anything specific about this in particular. I mostly found information about the taxes which I am all set with.

Post: Learning How To Crunch the Numbers

Nia WingardPosted
  • Real Estate Agent
  • Brooklyn, NY
  • Posts 6
  • Votes 0

thank you!

Post: Learning How To Crunch the Numbers

Nia WingardPosted
  • Real Estate Agent
  • Brooklyn, NY
  • Posts 6
  • Votes 0

I am interested in buying a multi family home as my first investment property. I'm leaning toward house hacking to start and branching out to buy and hold multi families. One of the things that is holding me back from getting started (aside from the money)  is being able to read/crunch the numbers to determine a good deal. How should I go about learning how to do that?  I was considering taking an accounting class to start but I don't know what other route to take. Any suggestions?