
3 August 2024 | 3 replies
Please be gentle; I'm new at this and it's pretty complex :)Structure / Legal Details- we'd establish market value through a combination of comps from local real estate agent and an appraisal- attorney would establish all required "arms length" aspects including a mortgage at a minimum standard federal rate- LLC would pay us back based on a standard promissory note over 30 yrs Pros of selling to the LLC (I think)- A sale now would be the only time we'd be able to take advantage of the cap gains exclusion on this house bc we won't qualify for the "live there 3 of 5 years" rule due to the timing of our lease and our last time of residence.

3 August 2024 | 3 replies
I am proud to have achieved Super host status on Airbnb for the past year and have received hundreds of positive reviews across various platforms and through word of mouth.Key highlights of my rental operation:Vetting Process: I ensure all clients are thoroughly vetted, maintaining a strict no-party policy to protect property integrity and community peace.Strong Relationships: I am respected by the Landlord Management Team, consistently ensuring both the clients and the management are satisfied.Operational Expertise: Leveraging my operational experience from my time in the United States Army, O&G Manager and as a seasoned operator in the Houston bar scene, I run a smooth and efficient rental operation.I am now looking to acquire additional properties in the Houston area to expand my rental portfolio.

6 August 2024 | 32 replies
It is well established that states are allowed to regulate licensure etc.

3 August 2024 | 3 replies
None of the names listed above appear to be pivoting into the homeowner association space, yet here in the northeast USA it's still quite a fragmented industry outside of the major urban centers with established and deep-pocketed PM firms.

5 August 2024 | 12 replies
2) With all due respect, teaching math does not prepare you for running a business and producing Real-World spreadsheets, P&L statements and balance sheets.3) Every city has it's gentrifying areas and zip codes.

5 August 2024 | 21 replies
see for example this piece of advice from a well respected investor on BP.https://www.biggerpockets.com/forums/12/topics/1191473-do-th...i don't know anything about the company you mentioned, so can't comment on them specifically.

2 August 2024 | 7 replies
When they grossly break your rules, they will have no respect for your property.

3 August 2024 | 5 replies
But if the property is clean and well-kept—even if it’s nothing fancy—people are more likely to respect and take care of it.

2 August 2024 | 7 replies
I’ll be respectful and nice to him even though I know how easy of a deal this is.