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5 December 2024 | 6 replies
However, there are some drawbacks to putting a rental property in a trust - first setting up a trust can be expensive and involve a lot of paperwork, the rental property may be subject to rent control and liability insurance may be more expensive for a trust.
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4 December 2024 | 9 replies
You don’t get involved personally.
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2 December 2024 | 2 replies
I don't know of an inspector but I do have a great electrician, handyman and clean-out crew if any of those would be helpful!
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3 December 2024 | 12 replies
When I look for my next property, I work on cleaning up credit, so my scores are as good as I can get them.
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17 December 2024 | 86 replies
Risk Management: Be aware of the risks involved, such as unexpected renovation costs, property management challenges, or changes in the housing market.
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2 December 2024 | 14 replies
Attention to detail is a big one for me, make sure when they wrap up jobs they do the right work and finish the job clean without having a ton of stuff missing
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4 December 2024 | 30 replies
I would have to agree with @Simon W.If I took over, or had a client ask me to clean their books, first thing I do is make the Balance Sheet crisp and clean.
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3 December 2024 | 15 replies
@Josh WillisHouse hacking involves buying a small multi-family property and renting out units to cover mortgages.
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3 December 2024 | 7 replies
My name is Chris, looking to start getting involved in making some passive income.