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29 April 2024 | 8 replies
What is their reputation and samples?
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28 April 2024 | 5 replies
West Allis is particular, which was one of our hottest markets last year.Most people misunderstand the consequences.
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29 April 2024 | 31 replies
We were all in on RE, putting all of our extra money we saved toward the next down payment and the renovations.
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28 April 2024 | 11 replies
A single member LLC would be a pass through to your own returns.You should consider speaking to an accountant or tax advisor to understand any potential consequences of such a move.I hope this thread helps you on your decision and good luck with your house hack!
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29 April 2024 | 113 replies
They were the result of the years of networking, building a reputation, having access to capital, and developing a great reputation/track record of honesty, fair play and success that brought me the deal flow those deals were part of.
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27 April 2024 | 7 replies
You are better off waiting until this renter is out, cleaning the place up, and then showing it vacant.Your lease should include something about the tenant maintaining the property, you should inspect every 3-6 months, and you should have consequences for tenants that fail to comply.
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28 April 2024 | 22 replies
It's essential to familiarize yourself with the local landlord-tenant laws and work with a reputable property management company to ensure smooth operations.Short-Term Rental Laws: Philadelphia has regulations on short-term rentals, but it is still possible to operate Airbnb and similar platforms within the legal framework.
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27 April 2024 | 12 replies
I made some elections about grouping by not grouping as I expanded and didn't understand the consequences (making material participation easier/when passive losses can be harvested/ease of filing) of that at the time.Also random question but do you have a sister Nicole?
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27 April 2024 | 6 replies
The Inspection:I can't stress enough how important it is to hire a reputable and qualified inspector.