
19 November 2024 | 19 replies
An advisor, not affiliated with any investment house, who works on a flat fee basis would be a step in the right direction.

15 November 2024 | 8 replies
Most fail to take this last step, or merely obtain insurance certs where they are listed as a certificate holder.

14 November 2024 | 13 replies
Quote from @Prashanth Mahakali: Hello,Good luck with the first steps toward development.

6 November 2024 | 1 reply
any proactive steps i can take to help speed up the process?

14 November 2024 | 3 replies
Right now, you are thinking of yourself and how to get you ahead and not stepping back and looking holistically at the process.

19 November 2024 | 21 replies
They have stepped in to cover repairs for me, pressured mngt to do the same, introduced me to other PM teams that would perform better, shared multiple resources with me to assist with the sale of the properties and have spent ample time helping me strategize overall about what to do with these properties.

17 November 2024 | 9 replies
Do they have the necessary resources to stay on top of all the tax issues such as 1031 exchanges, 754 Step-Ups, etc.Feel free to send me a private message if you have any questions here.A couple articles you can read that will be helpful:https://www.biggerpockets.com/forums/51/topics/1206189-cost-...https://www.biggerpockets.com/forums/51/topics/1204912-how-t...

19 November 2024 | 14 replies
You are taking the right steps by checking AirDNA.

18 November 2024 | 47 replies
It works like this:(1) Save up enough money for a down payment(2) Buy a single family home that you will Airbnb/VRBO(3) Ensure the “average period of customer use” is <=7 days(4) Materially participate (5) Cost segregate the property, resulting in large depreciation deductions(6) Use the losses from step 5 to offset your W2 incomeWhat makes this possible is that operating an STR is considered “non-passive.”

14 November 2024 | 12 replies
Decide on what you'd like to focus on as a first step.