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27 June 2024 | 14 replies
I've also tried to work with some local retail vendors, coffee shops, golf cart and bike rental companies.
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26 June 2024 | 28 replies
I thought I'd light a beacon so to speak to see if any investors/ landlords (and those thinking of becoming so) would care to meet up as a group for coffee once a week.
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27 June 2024 | 12 replies
Also have known other landlords personally, and heard of many others, that took more than a year to get out a tenant/squatter.so this could be an opportunity, if the price is right, to pick up a good property for future use.
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27 June 2024 | 18 replies
It’s been incredibly helpful to me so far, I’ve already had coffee with a couple of awesome investors who have been generous with their time and knowledge.
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26 June 2024 | 8 replies
STR has additional expenses like the cost of furnishings, consumables (TP, paper towels, coffee, etc.), utilities, TV/internet, landscaping maintenance, marketing, credit card fees, lodging taxes, etc.
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25 June 2024 | 10 replies
Hire someone professionally locally to work for you and oversee manage the project (a construction manager).Some examples I can provide having worked in the construction industry is - soda bottles filled with urine in the walls, food thrown in the walls, throwing coffee down duct risers, sheetrocked over outlets providing fire hazard...
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26 June 2024 | 2 replies
While I understand that, my understanding and what our own attorney has confirmed, is that there should be an individual who serves as the guarantor in this type of instance.
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27 June 2024 | 26 replies
@Michael Williams, Most states have a requirement that an LLC that owns property in that state must either be an LLC from that state or pay a fee to "domesticate" their out of state LLC.
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26 June 2024 | 4 replies
I can't tell yet if it is free standing or not, will find out today, but either way could be an issue.
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27 June 2024 | 11 replies
If you are doing a 1031 exchange, you are exchanging one investment property for another investment property so you technically would not able to use it whenever you want because it would not be an investment property then and you may get hit with the capital gains.