
26 October 2024 | 5 replies
Your LLC is the same as you for tax purposes, technically called a disregarded entity.

28 October 2024 | 24 replies
$1800 (high end of rent range) - $1535 (hopefully mortgage includes full PITI) - $90 (5% vacancy) - $400 maintenance/cap ex - $180 PM (at that low rent point I am using 10% all inclusive) - $50 misc (bookkeeping, utilities that are not tenant responsibility such as slab leak, tax man, allocation of asset protection, etc).

28 October 2024 | 1 reply
If you just say it was a "bad" wholesaler/contractor/partner that doesn't cover accepting responsibility for what you should have done differently to vet them, manage the partnership etc.

29 October 2024 | 24 replies
Thank you so much for the detailed response!

28 October 2024 | 7 replies
They take on the responsibility of tenant communication, emergencies, and paperwork, which can otherwise be overwhelming for individual property owners.The Challenges of DIY Property ManagementWhile many investors choose to manage their own properties, it comes with its set of challenges.

30 October 2024 | 18 replies
@Cheryl Vargas no problem, thanks for the response.

27 October 2024 | 7 replies
To manage this relationship, landlords should establish clear boundaries, respect space, use a third-party property manager, and set expectations for tenant responsibilities.

28 October 2024 | 40 replies
The STR investors have the responsibility to vet everything.best wishes

29 October 2024 | 33 replies
I appreciate your detailed response.

28 October 2024 | 12 replies
Hi, I'm just now seeing your post and I apologize for the late response, Thank you very much for the great tip and I appreciate you for that.