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18 January 2025 | 11 replies
Feel free to DM me if you'd like more insights on all this (we don't do biz in Alabama so got nothing to lose).Here's some other "copy & paste" advice on how to search for a better PMC:----------------------------------------------------------------------------------------------Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.
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13 January 2025 | 3 replies
But once they give it to you, you inherit their cost basis and have a taxable gain.
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24 February 2025 | 37 replies
When they gained 5 pounds during the day but lost it overnight, they will be the first to tell you"I lost 5 pounds since yesterday...."
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11 January 2025 | 4 replies
Thanks for your kind words and thoughtful insights.
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17 January 2025 | 20 replies
Over time, as you gain more experience and capital, you can consider expanding into multifamily properties once you've built up a solid foundation in real estate investing.
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13 January 2025 | 25 replies
Regards,Tim SmithHi Tim, thanks so much for the warm welcome and for sharing these insights!
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8 January 2025 | 20 replies
Selling it now vs renting, will give your dad more money and he won't have to worry about renters or cap gains.
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10 January 2025 | 2 replies
Thanks for the insight!
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9 January 2025 | 2 replies
I'm always eager to learn, share insights, and explore new opportunities.Looking forward to engaging with this vibrant community!