Garrett Brown
A very simple way to increase your ROI inside your STR
9 January 2025 | 35 replies
Obviously, I'm not a lawyer and should consult with one before.
Tar-U-Way Bright
How could I use my LLC
24 December 2024 | 14 replies
Here are a few tips:Asset Management: Holding your property in the LLC can protect your personal assets, but check with an attorney or CPA to ensure it’s set up correctly and complies with local laws.Rent Collection: Collecting rent through the LLC simplifies accounting and keeps personal and business finances separate, which is a big plus for taxes and liability.Property Management: Since you’re self-managing, the LLC can be used to formalize agreements, pay vendors, and manage expenses—treating it like a professional operation.Just make sure to consult an attorney or accountant to align your setup with your goals.
Steve Tse
Landlords Insurance, switching out of Travelers
9 December 2024 | 4 replies
Quote from @Steve Tse: Hi BP, What insurance carriers can you recommend in Texas, as I am shopping around to replace my landlords policy that I currently have with Travelers ?
Kaleb Johnson
Best Area For Starting Out
29 January 2025 | 37 replies
There's quite a bit of threads on the same topic weekly - you'll find plenty of markets shared.What will help you figure what market to invest in will be answering a few questions for yourself: are you willing to travel to that market, what is your buy box, are you seeking appreciation or cash flow more, do you have or reasonably can garner an edge in that market (ie - can you build a great team).
Ryan Brown
Tenant blasting music all night
26 January 2025 | 24 replies
Maybe the section 8 person can help advise you, but I'm certain they will give a disclaimer with anything they say that you still need to consult your own lawyer or read the rules.
Robert Frazier
From Zero Single Family Investments to 52 units in development.
29 December 2024 | 9 replies
I've learned a ton about syndications, partnerships, funding for construction, the development process and so much more about managing consultants than I will ever care to admit.
Rajesh Kasturi
Best Places to invest for Mid Term Rentals with cash flow and appreciation
24 December 2024 | 8 replies
Ours is in a rural area with strong seasonality and lots of regional vacation travellers going out for a weekend or maybe a week.
Veronica Mitchell
Next gentrifying neighborhoods in and around Chicago MultiUnit
20 January 2025 | 33 replies
NL is close to both 290 and the Pink Line, and close to the Medical District, great for medical staff and possibly traveling nurses.
Corey Davis
Operationalizing & Scaling
31 December 2024 | 5 replies
Prioritize properties with strong rental potential and set aside reserves to handle unexpected costs.Finally, familiarize yourself with tenant laws in your target market, especially in Portland, and consult a real estate-savvy CPA for tax efficiency and legal considerations.
Martti Eckert
Long Distance BRRRR in Ohio
17 January 2025 | 22 replies
Make sure you choose a realtor who is used to travelling into your target community and not just engaging properties from behind a phone/computer screen.