Jonathan Bombaci
Spent $209,000 on Attorney Fees in 2024 – Considering In-House Counsel in 2025
8 January 2025 | 11 replies
Was last year abnormal or you think the normMy guess is you will spend a lot more than $200k on an attorney with benefits etc. but if it cuts down in expenses it definitely is something I would consider and even if it costs a little more, having control with having someone in house does reduce unknown costs and risks.
Mike Gi
6 unit 3 story 1 bed 1 bath in Midtown Sacramento
31 December 2024 | 13 replies
After assembling a lot of bed frames, I prefer the Zinus brand, and I would recommend contract grade furniture.Don't forget to sign up for pest control and both a renter's and landlord policy on your insurance.Hi Miguel - I’m also looking at the midtown Sacramento area for multifamily…what is “contract grade” furniture please ?
Sha Sing
Has anyone worked with ReadyREI in Saginaw, Michigan
20 January 2025 | 19 replies
All we can do is help where we are accepted. we don't control your property.
Christian Hwang
Advice for a New Out of State Flipper
1 January 2025 | 22 replies
I'm sure there are many more experiences where the contractor hasn't fulfilled their scope of work and gotten away with rushing the project to meet the deadline, And, I don't want to be as naive to say that I'm that 1% who can have complete quality/operational control, but I'm confident I can establish a system and hire independent inspectors to review the contractor's work.
Chris Olandese
Tenant threatened to move out
18 December 2024 | 13 replies
By posting a notice, you maintain control while ensuring expectations are clear and legal.By the way, I don't recommend an exact 30-day notice and then dealing with prorated rent.
Matthew Samson
Primary Residence Sale -- $1.65mm appreciation -- How to Minimize Capital Gains?
30 January 2025 | 24 replies
Id recommend the single-family rental because you have more control and you don't need to worry about some greedy operator screwing it up
Olivia Blake
New Landlord - Tenant Refusing Payment Method
30 January 2025 | 20 replies
Right now, it feels like this might just be a way for the tenant to try and take control of the situation.
Eric Coats
Running STR #s for Newbie
29 January 2025 | 20 replies
My $2000 also covers stuff that inevitably break under normal use - I had to replace a washer $700, a stove $600, a microwave $100, and a grill $400, all within last 2 years, and paid close to $1000 for various service calls by electricians and HVAC techs and pest control.
Doug Wade
Best STR books to read!
30 December 2024 | 16 replies
I'm in a beach area where Sat to Sat rentals have been traditional for 100 years, but not any longer since the rise of Airbnb (and less control by local property management companies).
Jason Burkart
Gift money for family or buy a rental for family?
27 January 2025 | 9 replies
If she lives rent-free, you retain control of the property but lose the ability to claim rental-related deductions.For long-term planning, consult a CPA and attorney to ensure compliance with tax rules and align ownership structure with your goals, including potential conversion to a rental or estate planning considerations.