Landon Sheveland
Common Mistakes/ Beginner (Fix and Flip)
4 February 2025 | 11 replies
and any other advise would be great.
Mehdi Mir
Newbie in Texas Dallas
18 February 2025 | 15 replies
As for starting a new job, I would advise you to focus, focus, focus on the job that provides you the opportunity to invest.
Trevor Thrall
Advice for investing a big war chest?
22 February 2025 | 7 replies
You only get one shot at retirement so I'd highly advise at least having a conversation with a financial planner.
Meri Hamada
A tenant keeps forgetting to turn off a gas stove burner and fire hazard
6 February 2025 | 0 replies
Do you have any advise?
Melissa Stanley
Starting with a Friend (LLC?)
27 February 2025 | 9 replies
Being on the title is a critical layer of protection, as it prevents a partner from unilaterally making decisions about the property's ownership, such as transferring it without consent like the example I provided.Ultimately, we always advise investors who are considering a partnership with a third party to conduct thorough due diligence on their prospective partner.
Kevin Brown
Best Accounting Software
21 February 2025 | 12 replies
It is the most popular software in the industry, and most Tax Preparers are familiar with it, which makes tax season easier.However, many on the forums will advise against QBO.
Steve Chaparro
I'm considering employing the Live-In Flip strategy over the next 10 years - Advice?
3 March 2025 | 15 replies
It would take a 30-minute phone call, or you would need to give a lot more info for me to advise you properly.
Greg Reese
What state is the best to open an LLC for real estate investment
3 March 2025 | 16 replies
Readers are advised to seek professional advice.
Sanjai Dayal
Own commercial building, I use 2 of 7 offices for medical business- pay myself?
3 March 2025 | 9 replies
Appreciate your advise!
Lina Truong
Please help me get started for mid-term rental investments
9 February 2025 | 33 replies
Quote from @Jeff Roth: Hi Lina from Texas-Congratulations on your interest in investing in mid-term rentals and you are wondering how and where to get started.I get this question frequently from investors.Sometimes and investor is looking to keep their property cashflow positive as insurance and taxes have squeezed cashflow by turning units into mid-term or short-term rentals.First off, ideally, the property will cashflow as a long-term rental should something disrupt the mid-term rental model.You will also want to have the property be near where there would be a demand for mid-term rentals (hospitals, universities, research centers).Monthly rents for mid-term rentals are about 20% (+/-) higher than unfurnished similar long-term rentals.There are property managers that will manage mid-term rentals for you and I always advise my clients to use property managers to keep their investment as passive as possible and for compliance issues related to Fair Housing Laws and local regulations.To Your Success!