Since 2021-2022 and the surge in prices in basically all markets across the country, how are fix and flippers evaluating properties.

If you plan to expand your portfolio, forming an LLC can simplify liability protection and operations for multiple properties.Consult a CPA or legal professional to confirm your tax obligations and evaluate whether an LLC or umbrella insurance aligns best with your investment goals and risk tolerance.This post does not create a CPA-Client relationship.

Every year they will perform another evaluation to ensure you and the tenant complies.

Start by formalizing a lease agreement, evaluating potential renovations to maximize rental income, and deciding on a rental strategy (short-term or long-term).

They could easily pay 50% two weeks early, then pay the other 50% on the first so they are always on time.

Too risky for us.Regarding additional guest packages, you can easily change your tax situation by offering what the IRS calls "significant services".

Once you take an action, that can easily trigger tax consequences.

Will cash flow $128.79 according to the BP rent calculator, and will easily comp out at $235,000

When evaluating a potential real estate investment, both the Debt Service Coverage Ratio (DSCR) and the 50% Rule can be helpful tools.

Any advice on your process for evaluating rehab costs and working with contractors would be super helpful!