I have owned this property for 8 years, 7 as a rental property.

We only lend to experienced rehabbers who have been doing this full-time and locally.

They include demo, prep, install, and install qtr rd, and are done in a day, may two for a large project.Some pics of our flooring on a recent flip with this company, and they may have a location in your city.

This is part of being a landlord - if you can't handle it:1) Sell2) Hire a PMC

I don't understand this topic very well so looking for a connection to a good real estate focused CPA to help with my filing.LLC does not change your taxes, and it's even possible that cost segregation does not.

Used enirely OPM to buy this one, and borrowed money from a family member who is in commercial real estate to do the renovation.

New construction properties can qualify for significant insurance discounts, but otherwise, I generally expect insurance in this area to run a little over 1% of the property’s value if it’s in decent condition.Feel free to DM me if you’d like a good insurance contact to shop around for a better rate.

I'm intrigued by the concept of this waiver but would love to hear from anyone who has experience with it.

So this doesn’t need to be the next Airbnb.

However, today an application came through that meets our credit score cut off, but this person has NO credit cards, has closed all of the accounts, and has a bankruptcy that was dismissed in 2023 (not quite sure what that means).