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5 February 2025 | 4 replies
I'm confident a judge would see the picture evidence I have and go "damn!"
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2 February 2025 | 9 replies
I'm not sure I have full confidence in this property management company.
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17 February 2025 | 5 replies
I knew that we were going to have a lot of back and forth, and that there would likely be a problem at some point that we would need to solve together.I needed to have confidence that whoever I signed an LOI with wasn’t going to back out at the last minute for a silly reason.
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16 February 2025 | 5 replies
I own a mortgage company, so I have my loan officers use this Fannie Mae income calculation tool for all business for self borrowers: https://singlefamily.fanniemae.com/applications-technology/income-calculator .
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2 February 2025 | 5 replies
I picked up the BRRRR method book and feeling confident in setting it all up (we did a similar process for our Airbnbs).
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31 January 2025 | 12 replies
Keep in mind this is a self-directed account and most are not.
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15 February 2025 | 7 replies
Before moving out, test different strategies, automate management (smart locks, cameras, cleaning services), and decide whether to self-manage or hire a property manager.
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14 February 2025 | 161 replies
We do self storage and country subdivisions where we sale the lots.
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14 January 2025 | 1 reply
I am looking into buying my first self storage facility.
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19 February 2025 | 15 replies
Quote from @Havital Miltz: Normally you would set the LLC in the state where the property is.You have no tax benefits for setting up an LLC, it is more a protection from lawsuits and going after your personal assets, however not a guarantee....As a husband and wife you do not need to set up a partnership - IRS has special considerations for married couples for self employment, you could also apply that for a rental...Hope that helpsA joint venture is available to any 2 people co-owning real estate for investment purpose as tenant in common under Proc. 2002-22 (unrelated to marriage) but it can't be owned in an LLC together.