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19 January 2025 | 17 replies
There are definitely some hiccups with it being a small company, but I do have to say that their response time on tickets is really fast.
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24 January 2025 | 12 replies
Of course want better close rate but when those numbers I would be ok with
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14 January 2025 | 5 replies
Lancaster city limits short term rentals to only certain zones of the city so definitely look at the city website for that information.
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18 January 2025 | 16 replies
It was on the more limited side in general (for a few days' worth).
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17 January 2025 | 1 reply
Here's why:The Multi-State Chess Game:• Client had properties in 3 states• Each state has different deadlines to assess taxes• Federal changes trigger automatic state assessments• Timing the response saved $45K in state taxes🏠 Real Estate Investor Pro Tip:States can't assess back taxes if their statute of limitations expires before federal changes finalize.
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12 January 2025 | 2 replies
3) Any specific states you recommend to set up any of these (Not sure where I'll be purchasing property yet, maybe Detroit, maybe Cleavland, maybe Augusta, maybe Des Moines, maybe Saint Cloud, maybe Memphis...)4) I already have a LLC based in Hong Kong (We call them limited companies, but the principle is the same).
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10 January 2025 | 9 replies
While formerly the limited partnership organizational structure was used, its now mostly an LLC structure being utilized.
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1 February 2025 | 23 replies
Paying off rental mortgages increases monthly cash flow but reduces liquidity, while investing in hard money lending offers high returns but is taxed as ordinary income.Buying a multi-unit rental provides tax benefits like depreciation, while purchasing a business can yield strong profits but requires active management.
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9 February 2025 | 173 replies
I've heard in certain situations that roofstock customers have had certain issues post-closing rectified by roofstock, but I won't say much here because my experience is limited.
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16 January 2025 | 23 replies
.- Many of these HCOL areas also have strict limitations on AirBnB or short-term rentals... that do not apply to owner-occupants - thus allowing for extreme cashflow potential for house-hackers.