Rene Hosman
How do you do bookkeeping and financial reporting for your rentals?
4 December 2024 | 30 replies
I love the simplicity, the functionality and it's made me a better investor because I'm doing the financials myself and therefore have to really understand what is happening in my business.
Colt Price
Land and how to make it pay for itself
25 November 2024 | 4 replies
Combining this with tours or small events can add extra income.Lease Mineral or Water Rights: Depending on the area, leasing mineral or water rights can be a potential income stream if there are valuable natural resources under the land.
Mija Aguilera
Fix & Flip in proximity to Washington D.C.
23 November 2024 | 0 replies
The opportunity to create value in a high-demand market, combination of strategic location, strong buyer demand, and limited inventory makes it a compelling investmentStrengths.- Strategic Location: Close to major commuter routes (I-495, US-29) and public transit (Metro).High Demand: Inventory in Silver Spring remains tight, driving competitive offers for move-in-ready properties.Diverse Market: A mix of young professionals and families ensures a broad buyer pool.
Hamed Rahimi
What are the best property management software/tools you use?
25 November 2024 | 12 replies
Once you have a short list, get an account with each one and run them through the wringer to see how they really function.
Joe S.
What are your thoughts about Prenuptial agreements?
6 December 2024 | 51 replies
My sister in law and brother in law spent a combined $468,000 on attorney fees over 5 years to get divorced - their total net assets at the time they decided to divorce was just over $1 million.
Fakaradin Floyd
Advice on my STR pitch and overall Rental Arbitrage advice (Alexandria VA)
30 December 2024 | 89 replies
@John Underwood It's a 12-month lease, and they want me to extend it actually to a 24-month lease or longer, which I told them I'll do after a few months just so I know the property does well for the area.A lot of landlords like to be hands-off when it comes to their properties Airbnb is a combination of customer service, property management, and so on.
Fahima Hilal
Problem with architect
22 November 2024 | 24 replies
Not at all-Just deliver what he took money for -Plans for an efficient functioning of the building.
Renee Ward
Umbrella insurance, can I combine rentals owned by LLC in my personal umbrella policy
15 November 2024 | 2 replies
Not normally, although technically it might be the same ownership companies don't like to combine the personal, LLC, partnerships etc.
Alvin Taveras
Who Offers HELOC on Investment Property?
26 November 2024 | 12 replies
Typically you can go up to 75% combined Loan To value.
Ximei Yue
Suggestions for my 1st Investment: Should I start with a BRRRR or focus on cash flow?
1 December 2024 | 31 replies
This could allow you to build equity steadily, reduce the immediate demands on your time, and potentially refinance in a few years to access funds for future investments.Alternative Approach: Small Multi-Family Property: If you're open to it, a small multi-family property (like a duplex or triplex) can combine elements of both strategies.