
7 December 2024 | 5 replies
When we did it, we did score some great deals, but what we found was that we were visiting so many properties to understand our "strike price" (the maximimum we would pay for the property when taking into account rehab costs, hold times, interest on any debt, closing costs, real estate commissions, a contingency reserve for "unexpecteds", etc) that the math started to not make as much sense.

12 December 2024 | 10 replies
You will want to talk with a CPA that understands S Corps as well as real estate.

10 December 2024 | 7 replies
I understand this is part of the learning curve, and once I can have the PM "release" me, I might consider it and save 3k/yr!

9 December 2024 | 23 replies
I understand this is my responsibility and I filed an insurance claim and the garage is currently being rebuilt as the entire thing was destroyed.

9 December 2024 | 3 replies
Understanding how to enter certain markets and when, if they're on your radar, is important.

6 December 2024 | 15 replies
I am sure they know which carriers (though they may be non-standard and pricey) are still offering coverage there.

5 December 2024 | 12 replies
Costs can be on the lower end if you use more standardized templates, while custom documents tailored to specific deals tend to fall on the higher end.Location can also play a role, with attorneys in larger cities often charging more.

8 December 2024 | 11 replies
Very cool to see lenders out there with an understanding of medium-term rentals!

8 December 2024 | 14 replies
I understand the sentiment, but I think it will have more negative effects.The problem is with enforcement.

8 December 2024 | 19 replies
They had the new company (new property maintenance group in our area I understand) come out and pump it, but with all the melting snow etc it just refilled up (because the form takes 3 days for approval and you can have the electric on.