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7 December 2024 | 150 replies
I was agreeing about your comment as to having a mentor, then I realized I didn't have a mentor when I started.Brandon, there were books, I skimmed the "Paper Game" don't recall the author but it was conceptual and a little too fluffy for me, I didn't really start by using anything in that book, if I did, it was by accident.
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27 November 2024 | 11 replies
Avoiding Default Risk: If a business is at risk of falling below the acceptable DSCR threshold, refinancing can provide relief and help prevent default.It's important for businesses to analyze their specific financial situation and consider consulting with a financial advisor before making refinancing decisions.Always here to help
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25 November 2024 | 18 replies
An ounce of prevention is worth a pound of cure. ...I've bought properties with bad sewer lines, but I KNEW what I was buying because of the scope, and I factored that in to my numbers and offer...without the scope, I would have no idea what I was buying, and I would've wound up with a significant unanticipated capex.We inspect every other part of a property before buying.
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26 November 2024 | 17 replies
So even if you pick a state with stronger protections like WY or NV, the cause of action arose in the state where the tenant fell, so likely that the court where the accident happened would have jurisdiction.
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20 November 2024 | 2 replies
(Car accident, dog bite, pool drowning, whatever.)
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26 November 2024 | 21 replies
Just wanted to chime in from a tax perspective, something to keep in mind and plan to have some discussions with your CPA:Using the property for personal use during the year will prevent you from recognizing some expenses on your property.
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22 November 2024 | 12 replies
Hey Fiona, I started out house hacking by accident in 2015 and I couldn't be more thankful.
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5 December 2024 | 31 replies
All rooms get punchcode locks, no key locks anywhere on site so members don't have access to lose keys or prevent anyone access.
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27 November 2024 | 13 replies
Tight tenant screening is always a key factor in preventing costly evictions.
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26 November 2024 | 18 replies
I am hoping to find a single family home that I can "BRSTRHHRR" (buy, reno, Short term rent|House Hack, refinance, repeat) by creating a separate living space in a single family home that can be STRed (this is due to local restrictions in my town that prevent STR in multifamily properties).