25 November 2024 | 11 replies
Mine is customized to my properties and my needs.I have a tab for each property.
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26 November 2024 | 1 reply
Additionally, I’ve been wondering if it might be possible to create an LLC, rent my house to the LLC through a formal contract, and then have the LLC operate the Airbnb.
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25 November 2024 | 4 replies
One thing to keep in mind is that in some markets, including mine, you cannot segregate against Section 8 renters.
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27 November 2024 | 8 replies
In the next 5 years, we can buy one property per year with 25% down (~100K), and perform the same operation of using cash-flow for paying off properties next 15 years and we will have $15K/month net-profit which hits our goal adjusted for inflation (assumed at 3%).
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29 November 2024 | 12 replies
@Tanya MaslachYou do not necessarily need to have an Ohio based entity to purchase and operate rentals in Ohio, HOWEVER, many lenders are beginning to require that either an entity based in the same state or a foreign entity is registered in that state in order to obtain a loan approval.
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25 November 2024 | 6 replies
Will share a similar update on mine when under contract.
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26 November 2024 | 2 replies
Their book is super helpful, and so far I'm guilty of at least half of all the newbie mistakes they talk about, so I expect my rental operation to improve as I implement their advice over the course of next lease term.
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26 November 2024 | 11 replies
And when people get tunnel vision for lowest $ down, they tend to not give attention to the revenue generation of it, the operations, and that's a VERY dangerous combination of high leverage and not so-good revenue.
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24 November 2024 | 1 reply
Operations- how will operations be performed4.
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27 November 2024 | 48 replies
Turnkey is generally a passive investment strategy, where you just buy from an operator and turn it over to them to manage.