Currently, I own Luxury Autowerks, an auto shop in Denver, and I personally self-manage the ski-in/ski-out short-term rental in Keystone, CO while also helping to diversify and expand my families real estate portfolio.My long-term goal is to own apartment buildings (100+ Doors), and I’m taking my first steps into acquiring our first small multifamily property.

Sell it in your personal name; sell it from an LLC.

We are thinking about taking out 100K for personal expenses once we finance.

Since your rental is currently held in your personal names, transferring it to an LLC before selling could complicate the exchange.

In my opinion, since the tax code is open to interpretation, I interpret as much of my costs as repairs unless something obviously falls into the definition of asset.

I'm curious what more experienced investors will leave to finish repairing after they list the property, but before they start to show it (or lease it).I start the marketing about two weeks prior to completion, with an advertised availability date of one week after completion.

It’s all good now and this was just a question since it related to repairs but ended up being a seller credit instead of my coming out my pocket to do repairs.

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $672,000

I bought a primary home with a 5.1% rate. I will finish the basement and rent out for about 1800 a month to mi...

In-person networking and meetups are great for meeting people and connecting with others in the industry.

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $305,000

Cash invested: $85,000

Gross Rent: $3,400
PITI: $2,270
PM fee: $340
Basic heat (on boiler but tenan...