3 January 2025 | 10 replies
Get a HELOC, which is possible but more difficult to find on a rental property, and is much easier and cheaper for an owner occupied property.What I have seen is if there's no insurance, it's treated as a lapse and insurance companies can decide not to provide coverage so did you face that in your case?
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31 December 2024 | 12 replies
Probably not, but I'd see what my CPA and attorneys have to say.Be a pain having tenants pay you twice too.Also, passive income is already treated pretty favorably after deductions such as depreciation.
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6 January 2025 | 25 replies
Once you go through the whole process, you'll know exactly how it works in your area for the future.If the sweet nature of the dogs is what's bothering you, and how unfair it is that pit bulls as a rule are treated with what could be seen as deliberate malice by the media, give some money to the Humane Society to do more to advocate for the Cause.
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17 January 2025 | 19 replies
I would treat this investment capital as temporary, less than one year.
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28 December 2024 | 1 reply
Treat lenders and brokers as partners in your team.
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2 January 2025 | 10 replies
While an LLC offers liability protection, it does not change how taxes are reported unless treated as a partnership or corporation.
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8 January 2025 | 14 replies
The IRS changed how they treat single-member LLCs (solopreneurs like myself) and I expect there will be more changes like in Illinois coming.
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3 January 2025 | 12 replies
Indeed, to stay in compliance with fair housing, you need to treat each tenant the same, so that's something to keep in mind.
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28 December 2024 | 1 reply
That’s a Cardone-level play—treat asset management as the CEO of your investment.
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4 January 2025 | 20 replies
@Jesse Strengunfortunately I’m not familiar with property managers in that location what I would suggest is I would look up NARPM and start with them..Below are some questions I would think would be a good starting point for you to see who really treats their company like a business or a hobby.My business partner is a regional VP for NARPM and I am happy to help if you need anything please reach outQuestions to Ask prospective management companies* What are your average days on market for vacant homes?