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20 January 2025 | 9 replies
@Chungying ChuIf you want more liability coverage, ask your insurance company if you can increase it.
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29 January 2025 | 0 replies
Tried to get title search but it’s too late it seem and title company does not guaranty anything after charging $500.
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27 January 2025 | 6 replies
.: I just hired an architect to design and plans submit for ADU in my 8 multi unit to use the tuck under parking.Some people say do not try to be the general contractor as it will take way more time, costly mistakes and will be nearly impossible to manage with current work. best to hire a company that will do it all and cost about $250 per square foot.
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24 January 2025 | 8 replies
Gifting equity in a house may be more trouble than it is worth if you are not near the life-time exclusion1) Potentially having to get the property appraised everytime an equity is gifted2) Having a title company update the title every time3) Exemption of the gift tax return is normally for cash gifts below the annual gift tax exclusion, you may still need to file if you gift non-cash4) If there is partial ownership over several years, having to properly pro-rate certain items such as real estate taxes, mortgage interest and rental income if the property is a rentalBest of luck
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31 January 2025 | 3 replies
We are looking to connect with others to build a solid foundation to our newly started company.
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30 January 2025 | 3 replies
There are specialty umbrella companies that don't require you use them for car and home.2.
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30 January 2025 | 11 replies
Looking at this past week's CMI, it's interesting to see the buyer/seller positioning in the SE-ish area compared to the NW-ish area with rates high 6's in JanuaryStill bullish on W/NW future demand due to TSMC factory and other companies (dashboard snapshot below) but time will tell.
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28 December 2024 | 1 reply
I have learned a lot over the last ~6 months about furnishing a property, managing/pricing a rental, understanding the ins and outs of Airbnb/Furnished Finder, and analyzing real estate investments generally.My business idea is to use that knowledge and start a company that does the following:-Furnishes properties for investors who want to turn their LTR into a MTR/STR, new homebuyers who want to house hack, or just any investor needing a rental furnished.
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3 February 2025 | 2 replies
I'm especially interested in hearing about how you've made a PMS geared more toward STRs work with MTR billing and leasing.I do remote operations support for an MTR/LTR company in Denver and am assisting with our tech stack build out.
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7 February 2025 | 7 replies
I have no personal experience with them but they are the only company I know of that are built more for self managers and small portfolios.