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5 January 2025 | 9 replies
Also make sure to have owners add you to their property insurance policies, so you have liability protection.
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1 January 2025 | 2 replies
The main reason cited that as a small property owner, not using PM's, if anything happens, the LLC and you will be sued anyway.
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15 January 2025 | 18 replies
reading above sounds like this is not an owner occ so forget what I wrote LOL
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3 January 2025 | 5 replies
You should 100% have insurance because of the worst case scenarios (what if someone dies and they blame you the property owner), but it's not something you'll want to use frequently.
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30 December 2024 | 6 replies
Quote from @Brandon Weis: We have historically had in our leases that renter's insurance is required, but we had been lax on enforcing it because owners didn't really care and not all tenants had it.
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31 December 2024 | 2 replies
The website works to connect STR owner/operators with reputable cleaners in the area you're located.
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10 January 2025 | 28 replies
Just a follow up question, were you utilizing debt to invest, I have always been taught since a young age to try and not utilize debt (I come from a family of stock market investors, traditional business owners) where debt is not utilized as frequently which I obviously understand debt can be a very powerful tool and utilized in a great way its just something I want to avoid with my investments to an extent any suggestions for investing without debt or as little as possible.
20 December 2024 | 4 replies
Consider all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.
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6 January 2025 | 8 replies
If you're tax bill is $6-8k (minus the 1031 fees), surely you can make that up by taking multiple swings over a longer period of time.OR pursue some sort of owner occupied strategy with that cash if you can swing a live in flip or house hack.
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23 January 2025 | 56 replies
They said it didn’t matter what Lee Arnold, the owner of the company, told me, the money wasn’t available yet.