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23 May 2024 | 7 replies
Now ideally I could STR all of the units individually but given this is my first foray into STR, I'd like to set up a couple of these units as LTR and try to AirBnB/Vrbo one of them.
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26 May 2024 | 28 replies
The best course of action will depend on your individual circumstances, investment goals, and risk preferences. :)
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23 May 2024 | 3 replies
I’m in the process of switching several of my buildings over to individually metered propane heaters so the tenants will become responsible for their own heat costs and more accountable in their waste of resources.
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24 May 2024 | 12 replies
Should I go with a company or try to find an individual?
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24 May 2024 | 6 replies
They want to sell all of them at once, and not piece meal them out individually, so they are asking for less than market value.The offer is 6 homes 5 of which currently have renters, for $400,000.
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23 May 2024 | 1 reply
It's possible that the company that owns a bunch of the units retained the right to control the the HOA until they are done selling.Simplest answer is to ask the seller who controls the HOA and if not the individual owners, when will it be turned over to them?
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23 May 2024 | 11 replies
Even if the tenant's tone is a bit challenging, try to see things from their perspective—they might genuinely believe they're paying more than their fair share without individual meters.
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20 May 2024 | 88 replies
I hosted attorney panels in local REI clubs, and there never was any consensus.In our great state of Texas, your best option could be a Series LLC: one LLC that has individual compartments for each property.
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23 May 2024 | 1 reply
Individuals overwhelmed by debt may need to liquidate their property to pay off creditors.Divorcing CouplesDivorce often necessitates the sale of shared property to divide assets quickly.
23 May 2024 | 2 replies
Hello,I was recently told that if I or my partner personally complete work on one of our flips that we own under and LLC that it voids the liability coverage within the LLC and we as individuals would open ourselves up to Liability.