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5 January 2025 | 10 replies
To protect yourself, make sure you have a great property for STR.
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23 January 2025 | 20 replies
To protect this community, they are selective about the people bring in because we all want connect with people who are motivated, committed to the process, and excited about being part of a real estate investing community.
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18 January 2025 | 16 replies
Use tax benefits like depreciation, repair deductions, and tax-free refinance proceeds to offset income, and consider an LLC for liability protection.
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8 January 2025 | 13 replies
We don't have them recorded, just signed as another layer of protection.
8 January 2025 | 3 replies
Consider structuring your investment through an LLC for liability protection and tax flexibility.This post does not create a CPA-Client relationship.
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22 January 2025 | 12 replies
It’s worth researching to see if this might be a good fit for your situation.Lease Structure and Clauses: Work with an attorney to draft a lease with strong clauses for late fees, maintenance responsibilities, and other terms to protect your interests.Target Stable Tenant Profiles: While no tenant is risk-free, targeting tenant pools that historically have more stability (e.g., retirees, dual-income households, or tenants relocating for work) may reduce risk.Stay Up to Date on Landlord-Tenant Laws: Understanding your rights and obligations can help you navigate issues more effectively if they arise.That said, if the potential risks are keeping you up at night and the financial pressure of an eviction would be too much, selling may still be the best option for peace of mind.
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8 January 2025 | 5 replies
Do you have tips for structuring short-term leases that protect me as a landlord while accommodating their needs?
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9 January 2025 | 4 replies
A well written management contract should clearly spell out what is expected of both the PMC and the owner, to PROTECT both and avoid misunderstandings.
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10 February 2025 | 62 replies
Then you get a servicing company involved to service both loans to make sure they get paid.The buyer in a wrap mortgage is just as protected as a buyer in a regular mortgage.
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3 February 2025 | 31 replies
An investor always needs to protect themselves and NOT rely on what others tell them.I don’t think we’re talking about the same thing.