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27 September 2024 | 13 replies
If you're living on the road, this could be a bit challenging unless you're comfortable working with a reliable property management team.On the flip side, long-term rentals (whether it’s one or two properties) typically offer steadier, more passive income but might not generate as much monthly cash flow.
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25 September 2024 | 4 replies
I have been doing my own taxes my whole life (56 now) and have 5 rentals (don't want anymore) so i feel comfortable about 95% of the time when filling them out.
26 September 2024 | 5 replies
An Attorney might tell you each LLC needs there own and an account might say they can all be in one because they are both looking at it from different angles.It's best to work with your attorney and accountant together to come up with a plan that everyone is comfortable with, you most importantly.I would echo @Errol Graham.
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21 September 2024 | 10 replies
My quintessential mountain cabin will include comfortable leather furnishings, wood for the fireplace, big coffee mugs, plaid window treatments and/or bedding, extra blankets, and taxidermy hangings.
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23 September 2024 | 19 replies
NEW TENANT GIFTSHere's what we give new tenants.....Cleaning Bucket with Cleaning Supplies:white vinegar, baking soda, awesome degreaser, disinfectant wipes, carpet spot cleaner, magic eraser, all purpose cleaner, scrub sponge.Tote Bag with Useful Items and Tools:hand soap, paper towels, plastic garbage bags, toilet paper, toilet plunger, Zip-It (strip for clearing hair clogs from drains), plastic clothes hangers (6), shower curtain liner (good quality cloth one), laundry detergent, dish soap/dish detergent, cutting board, "Freeze the Grease, Save the Drain" kit, “Recycle” bag for collecting materials for recyling, magnet with our name and contact information, picture hangers.Refreshments In the Fridge (for move-in day): several bottles of water, healthy snacks, bottle of sparking cider with a welcome note attached.Larger items: Welcome mat, shoe tray.
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27 September 2024 | 14 replies
If the numbers don’t work comfortably, the deal might not be right.2.
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24 September 2024 | 3 replies
Hello,I live in California and I am wanting to get into realestate investing.I am interested in Texas Section 8.If you don't mind I would appreciate if I can speak with you to be more comfortable investing.
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27 September 2024 | 14 replies
If you really don't value your agent's ability and think you can do it better, it's likely best that you 1) interview more to find one that you do trust, 2) go through the listing agent, directly, if you're that comfortable with handling your side on your own, or 3) maybe get your license so you can control your side of negotiations with the proper tools needed (MLS access with agent info, showings, contracts, tax records, uploaded listing docs like surveys, disclosures, broker assistance for questions, etc.).
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24 September 2024 | 2 replies
I am even more comfortable having several family members in the area which I visited annually throughout my childhood/adolescents and every couple years now as an adult.
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26 September 2024 | 16 replies
Get comfortable managing one or two properties, learn the ins and outs of cash flow, and understand maintenance costs.