
20 November 2024 | 3 replies
@Abigail KingStarting a first house hack in Peoria, IL involves researching, education, financing options, and management tips.

25 November 2024 | 36 replies
I like that baseline seems like a good replacement for Quickbooks, as well.In regards to having multiple accounts, I’ve been told that Chase is a bank that allowed for this, but I also don’t trust that Chase wouldn’t be taken out with the other banks failing, so I don’t know about using their accounts, either.If you happen to come by a bank you would trust, I appreciate if you’d share.

19 November 2024 | 3 replies
The best way to position yourself for a successful 1031 exchange is to be as proactive as you can when finding your replacement property.

24 November 2024 | 19 replies
Here are some tips for hiring a PM:1.

21 November 2024 | 3 replies
My understanding is that in order for Investor A to use the 1031 exchange to defer taxes, he has to purchase replacement property and not use those sale proceeds for his other properties -- or quite frankly, anything else.

20 November 2024 | 25 replies
If you’re feeling stuck, one tip that might help is connecting with wholesalers or local real estate agents who specialize in off-market properties in Huntsville.

20 November 2024 | 9 replies
If you have any tips for me as well that would be much appreciated (just bought my first STR this fall and the quad in the spring will be my first LTR).

22 November 2024 | 9 replies
I haven't been expanding my business with LMHA since the end of 2016 per my posts above so I don't know exactly what changed, but I expect the outsourcing of inspections to private industry + some executive level leadership + replacement of staff with new faces excited to serve the needs of HUD/Landlords/Those In Need has resulted in an agency I will develop more business with.The HCVP will always be a double edged sword for landlords (See Section 8 Bible discussion) but for now I have discovered it is finally worth the effort to participate in the program.I specialize in Toledo's transition neighborhoods, discounted houses on the edge of nicer areas but also on the edge of trash...the Section 8 program allows me to get long-term tenants who are a good business model provided they are consistently managed and visited/inspected for additional "visitors" (relatives and random dogs/cats) and damage/housekeeping which can destroy a home if left unchecked.You need to know the rules, repair and renovate for long-term durability, prepare for inspections thoroughly and keep a team of contractors who will hold those standards...after 8 years we have been through a hundred inspections.

13 November 2024 | 1 reply
Considering the high deductible on House B, I am only filing a claim for House A, and coming out of pocket for the cost of repairing or replacing the roof for House B.

19 November 2024 | 2 replies
Looking for:1) Market suggestions that are ~2-3 driveable hours from North Jersey.2) Any contacts I can connect with in the area.Any recommendations or tips are welcomed!