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17 November 2024 | 16 replies
I tried to book it on ShowingTime but the agent said I needed to give a 24 hour notice.
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17 November 2024 | 30 replies
She said to be able to use depreciation and write-off expenses, I would need to create a partnership LLC and have someone else be at least a 1% owner in the LLC.I've read a few books on real estate tax planning now, but recognize there is a lot that I don't know.
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14 November 2024 | 19 replies
Meetups are the best confidence supplement to books and podcasts in the world.
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12 November 2024 | 12 replies
If it doesn't book in the first week of listing, should I drop prices?
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12 November 2024 | 5 replies
If it's your first LLC, though, it might be wise to work with an attorney to guide you through the setup process and some basic steps to take afterward.
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14 November 2024 | 30 replies
It’s on track to do over 45k gross as a STR with current bookings, but may end up closer to 55k as I get mostly last minute bookings (a lot from contractors needing a big enough space to house their crews).
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14 November 2024 | 4 replies
RE is a get rich slow game and there are increasing number of people talking about how difficult it is to retire from your day job even with large numbers of rentals because cash flow is thin.On the one hand there is the Small But Mighty portfolio mentality which I believe is a book in the BP store by Chad Carson.
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12 November 2024 | 5 replies
Your zoning should be ok, but you want to do everything by the book (which can be costly) to percent future insurance claims or injury claims in an unpermitted basement living space.
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14 November 2024 | 13 replies
I assumed a down payment would be in the books.