
2 December 2024 | 6 replies
Investment mortgages, like DSCR loans for investment properties, typically come with prepayment penalties (PPP) to protect against prepayment risk and the keep portfolio CPR in line.
4 December 2024 | 4 replies
I highly recommend you travel to the market yourself and spend a couple days driving around, looking at various properties, if you are going to be buying anywhere.

5 December 2024 | 20 replies
Furnace filters can go either way; some landlords handle it to protect the HVAC system, while others leave it to tenants with a reminder schedule.

6 December 2024 | 12 replies
Quote from @Corinne Snyder:Hi Michael, my CPA will not allow me to claim myself as a real estate professional with my one rental single-family home rental property because I do not spend enough hours per year running it, therefore he won't allow any overhead expenses to be claimed; only expenses related to the property directly.

26 November 2024 | 17 replies
People always go for the cheapest financing, quit claim in to an LLC and go about their lives, when they've essentially done nothing to protect their personal assets.

3 December 2024 | 26 replies
As a Baselane user and fellow landlord, I really want to understand how this went down and what I can do to protect myself.

5 December 2024 | 2 replies
Expect to spend a considerable amount of your time speaking to people.Expect to work dozens of hours/week with little to no immediate result.Expect most of your early interest from potential clients to come from your sphere of influence.Expect to go 3-6 months without getting paid (unless you do rentals which usually pay faster)Expect to be bombarded with distractions - mainly, people/companies marketing to you so that you choose their system for quick and easy buyer or seller leads.

9 December 2024 | 9 replies
You may need to spend every cent they offer on moving things out and back in, but that a small price to pay if after this is done you have your property back in the condition it was when you started.

2 December 2024 | 10 replies
Several of my STR investor clients here in Colorado have used a designer, and they generally pick a few statement pieces that they spend money on and then go with FB marketplace or even IKEA for smaller items.

4 December 2024 | 9 replies
Having legal documents in place help protect you.