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16 October 2024 | 25 replies
AND with STRs you have no risk of evictions (which can get to be real expensive depending on the area) and most damages that guests do are covered by insurance (either through the rental platform it was booked through or sometimes the property management firm has added insurance too).As someone that build a large long term rental portfolio here in Illinois (I still have 40+ houses here) and somebody now building a portfolio in tennessee, I would definitely recommend looking at new construction in some of these str areas.
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16 October 2024 | 32 replies
You buy in a desirable area, with population growth.2.
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12 October 2024 | 7 replies
I'm sure you can have it done much cheaper with a quick Google search, but the above law firm is for sure legit.
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12 October 2024 | 1 reply
I've been a real estate investor and consultant for nearly a decade and firmly believe ADUs are the best way to find cash flow today.I joined BP to learn more about how investors are thinking about finding ROI in today's real estate climate.
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11 October 2024 | 2 replies
IREM President Libby Ekre, CPM, shares five essential things to look for:Licenses & Certifications – Ensure the firm has certifications like CPM or ARM, guaranteeing adherence to industry standards.Regional Experience – Local market knowledge is crucial, especially for properties in smaller cities.Property Type Expertise – Match the company’s strengths with your specific property type for better management.Company Culture – Look for a firm that values customer service and team management.
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13 October 2024 | 11 replies
I can prove my hours because I started my accounting firm in late September, which means for the first eight months and three weeks of the year, I was fully focused on managing my two multifamily properties.By using the grouping election, all of my real estate activities would be treated together.
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11 October 2024 | 1 reply
In that same community, I also own an acre of land that I desire to construct a build-to-rent duplex.
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20 October 2024 | 84 replies
I am firmly in the paid off category less work myself..
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11 October 2024 | 3 replies
I had thought the process would be an engineering firm.
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10 October 2024 | 2 replies
In states that define dual agency ad the broker being the dual agent (not the actual agent) it's going to happen constantly at the medium and larger size firms.