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27 February 2024 | 43 replies
I conduct them just as I would if the client were standing next to me, pointing out good and bad aspects of the property.
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27 February 2024 | 21 replies
@David Bennett I am guilty of being the ‘nice and forgiving landlord’ in this circumstance and letting the behaviour repeat so I’m taking it as a learning lesson that being kind and cordial is always a good thing - cause I really do love the people aspect of owning rentals and providing people a nice safe home to live in - but don’t appreciate being take advantage of :-)
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27 February 2024 | 12 replies
Having a well-defined plan can help you make decisions on whether to sell the property, carry on house hacking, or switch to another kind of investment.Recall that effective home invasion demands thorough preparation, open communication, and flexibility.
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26 February 2024 | 14 replies
If your property has any special aspects, you may find that the recommendations are not addressing it or indicating you should remove a needed coverager.If this is a 1-4 family rental dwelling (completely non-owner occupied) the likely policy is a Dwelling Fire Policy.
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25 February 2024 | 7 replies
If not much time at all, then no, the rental income is not subject to KC income tax.The IRS defines active participation in an activity of 250 hours or more a year, material participation as 750 hours or more.
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26 February 2024 | 6 replies
I am glad you mentioned to lending aspect of not having the W2 income.
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26 February 2024 | 5 replies
An architect or engineer can also provide valuable insight into the design and structural aspects.
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26 February 2024 | 13 replies
I'm not familiar with the San Antonio market, can only speak to the Raleigh/Triangle area market but here's my take: 1) I'm currently invested in Raleigh, Cary, Smithfield, Selma, and Lake Lure NC2) I would consider other cities in NC, but not in TX just due to proximity. 2) SFH vs multi... there are a lot of factors, so depends on how you define "less headache".
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27 February 2024 | 2053 replies
We would both be equally involved in all aspects of management/profits.
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25 February 2024 | 2 replies
My top 3 favorite aspects of STR's:1).