13 August 2024 | 7 replies
Real estate offers tangible assets that can appreciate and cash flow, but your IT business could also have growth potential, especially if you find the right help.Considering a Hybrid Approach:Since you’ve got strong systems in place for your online store and rentals, perhaps a hybrid approach might work—slowly transitioning more time into real estate while maintaining a steady presence in your IT business.

13 August 2024 | 10 replies
The architecture of the house has been maintained with hardwood floors throughout, floor to ceiling windows and 14 foot ceilings (although a pain when accessing anything like lighting).

15 August 2024 | 86 replies
But my attitude is specific to wanting the highest possible growth I can get while still maintaining some positive cashflow.

12 August 2024 | 9 replies
@David O'Brian make sure you understand all the costs involved in maintaining a license or possibly find a broker who pays them all for you if that’s even available.

14 August 2024 | 51 replies
To clear up this question - we can insure any investment property regardless of ownership entity as long as it meets the underwriting criteria as set forth by the carriers that underwrite our program (there are limits on unit size, number of stories, wiring type, requirements that buildings meet code and are well maintained, etc - no different than any other program or insurance company you may engage with).

19 August 2024 | 244 replies
For those of us who choose to maintain our privacy, it is just that.

15 August 2024 | 57 replies
I used to maintain a spreadsheet that calculated this based on lifetime and cost for each of my units.

11 August 2024 | 4 replies
The landowner will have a great negotiating position when you have built and maintained a rental property and are desperate to renew your lease or purchase.

10 August 2024 | 8 replies
I didn’t like the expense involved when I researched cost of maintaining a business account to self manage 1 rental and found that the LLC route wasn’t necessary if we maintained an umbrella policy, so I just keep track of rental income and expenses (not that hard) on the one I self manage and any extra expenses on the ones managed by property management to add to their annual summary for my accountant.

12 August 2024 | 39 replies
For a tenant, a shorter grace period could cause stress associated with late payments, whereas, for landlords, a 5-day grace period could reduce stress, simplifying management but potentially reducing flexibility in handling late payments.While I see significant benefits for tenants regarding stability and protection, the proposal also challenges landlords, particularly in maintaining profitability and managing market-driven rent adjustments.