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7 October 2024 | 16 replies
Long-term rentals in Ohio and North Carolina offer affordable property prices and reliable cash flow.
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8 October 2024 | 36 replies
Working with a title company and consulting a real estate attorney can help minimize exposure.
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7 October 2024 | 19 replies
It would be wise to consult an attorney.
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6 October 2024 | 5 replies
Verify these numbers by researching comparable rentals in the area or consulting with a local property management company.Additional considerationsContingency Funds It's wise to have reserves for unexpected expenses during the rehab process or unforseen vacancies.Market Conditions Keep an eye on the Denver market trends.
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3 October 2024 | 1 reply
Hi Jesse,When screening tenants for your rental, there are a few key steps you can follow to ensure you're getting reliable tenants.
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3 October 2024 | 2 replies
Having your handyman do showings could be a solution, but keep in mind that if he’s not experienced in tenant screening, it could expose you to more risk, especially with squatters or less reliable tenants.You mentioned using something like Showmojo for smart access, which is great for efficiency, but I’d suggest ensuring you have solid procedures for background checks and tenant screening if you go that route.As someone who’s owned a property management company for 5+ years and manages over 300 units, I’ve seen the impact of not properly screening tenants.
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4 October 2024 | 5 replies
As always, tax laws in the US are subject to change so it's always best to consult with a tax pro or estate planner for the most current and personalized advice.
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2 October 2024 | 16 replies
https://www.airbnb.com/help/article/2700DM me if you would like professional consulting for FREE.Mike
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2 October 2024 | 2 replies
Look for a manager who’s upfront about all potential costs, so there are no surprises down the road.Communication is Everything:A reliable property manager should communicate well—not just with you, but with tenants too.
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4 October 2024 | 8 replies
It offers more protection overall.I will say that I am not an attorney so I would consult with a real estate attorney who is also an investor.Check out this BP blog by @Scott Smith - https://www.biggerpockets.com/...Lots of info about series LLCs.