
30 August 2024 | 17 replies
Checklist: Here’s a quick checklist to get you started:Get a home inspection (optional but recommended)Fix any outstanding repairs or issuesCreate or customize your lease agreement (covering pool/fireplace)Set up tenant screening processesTake detailed photos of the propertySecure proper insurance (consider rental-specific policies)Establish a move-in/move-out inspection processClarify utility responsibilities in the leaseConsider a property manager if you prefer hands-off managementDon’t worry, you're on the right track by doing your due diligence.

28 August 2024 | 5 replies
If at all possible, never install mini-split, install duct work.Measure, Measure, Measure.

29 August 2024 | 6 replies
It's available on the BiggerPockets bookstore and helps explain how to fund the loan properly and legally.

29 August 2024 | 2 replies
For newly constructed, purchased or renovated properties and also retroactive generally over the last 10 years, building components are properly classified into individual units of property and accurate recovery periods for computing depreciation deductions.
30 August 2024 | 30 replies
Not going to dive too much further into DSTs, but I will say they are a great tool if used properly.

30 August 2024 | 16 replies
This "guest" will be a tenant in the eye of the law so then you should treat them as a tenant and properly screen them and have them added to the lease.

30 August 2024 | 9 replies
A French drain isn’t usually that expensive or difficult to install however.

30 August 2024 | 8 replies
Pulling permits, hiring licensed contractors, being someone anal about the carpenters/cabinet installer/tiler/painters work.

29 August 2024 | 14 replies
A properly structured syndicated offering will be an LLC as is, therefore, from an asset protection standpoint, there is very little point to forming an LLC just to participate on the LP side.Now, if you are trying to pull partnership money and charge the partnership a management fee, which sort of makes you a feeder fund into the syndication, then there are a whole host of questions for an attorney.

25 August 2024 | 15 replies
Anyone can install kohler - you can buy it at Home Depot or through other retailers