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16 July 2024 | 15 replies
On such a cheap property that’s not e $2-3k I would be trying to save.
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17 July 2024 | 37 replies
Being a LL is not for everyone and thats ok....if the juice aint worth the squeeze to you, then sell them and move on to something that isFor the "my Vangard is making 30% a year" comment.... you realize that isnt normal and wont last forever, right?
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14 July 2024 | 9 replies
Alternatively, if its for the hopes of accessing future real estate loans via the LLC then it may be a moot point as a lot of these bigger banks won't lend on an LLC that's brand new and no history of cash inflows/outflows.
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14 July 2024 | 13 replies
You can buy an almost new or brand new single family home here in Arizona for $250-300k, combine taxes and insurance of under $2k per year, rent for $1500-1800, will break even on cash flow with 25-30% down because there is no maintenance or cap ex since it's new (you will have these eventually but rents will increase by the time that happens).
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15 July 2024 | 65 replies
I discovered I had a hoarder tenant at one point when they took a nearly-brand-new reno unit to waist-full with clothes and junk within 2 months of move in.
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12 July 2024 | 3 replies
Quick google search i found on the 1040 tax return, schedule E,line 12.
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14 July 2024 | 15 replies
Coos Bay in particular was primarily a timber town and has had some difficult economic periods since it's hey day, but the downtown has grown up, there's yoga, a farmer's market and even a new Starbucks (which by the way you buy the brand new building they lease from!)
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15 July 2024 | 50 replies
Quote from @Nanci E Keate: I just completed the weekend program for $350 and as a newbie, I don't feel it was a rip-off.
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11 July 2024 | 9 replies
For what it's worth, some ideas I've seen pitched are grocery bundles (e.g. a breakfast bundle for 2-4 people with eggs, bacon, bagels, cream cheese, and OJ all pre-stocked in the fridge), meal kits, a pre-stocked drink fridge, charcuterie boards, premium coffee selection, bike/e-bike/scooter/kayak/canoe rentals, video game consoles, upgraded work-from-home office amenities (e.g. oversized computer monitor), etc.I'm not a lawyer, but cocktail kits, bottles of wine, local craft beer, and other alcoholic items seem like they would fall into a grey area from liability perspective.
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13 July 2024 | 21 replies
I do not have a property in Blue Ridge @Alton Johnson.Seeing as you are brand new, the first year will be a little lean.