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31 December 2024 | 13 replies
The one I am speaking with currently has not offered up any sort of contract so I am taking the lead on preparing something.
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16 January 2025 | 40 replies
Either way, I wouldn't put the AirBNB terms of service to the test.
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31 January 2025 | 170 replies
Maybe preparing to pivot.
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17 January 2025 | 24 replies
@Tina Artigliere@Alicia ProkosFor these Quest Solo 401k plan account holders, what is essential is to find a new Solo 401k plan provider who offers a Solo 401k plan with the service and features that the account holder needs such as Solo 401k loans, alternative investments, Roth and Mega Backdoor Roth Solo 401k contributions, 5500-EZ & 1099-R preparation and filing, etc.The process entails restating the Quest Solo 401k plan where the Quest Solo 401k plan documents are replaced with the Solo 401k plan documents of the new Solo 401k provider.
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19 January 2025 | 61 replies
I would like to think in a way that investment in general, and the real estate investment, start with a solid economic reason - "Why do you Invest, where you invested".To elaborate on below - Vegas is a great example where no real economic driver exists and when you invest there, you should be aware that is a highly volatile market (side note: i both 2 properties there in 2011 and 2012 and i sold both this year) and you should pay an extra attention and be prepare to reposition capital.It's clear, if you invest in Vegas or Orlando (just 2x entertainment cities) you will expect ups and downs and you need to position yourself with extra reserves and extra caution if you are planning to stay in these market for long term.
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6 January 2025 | 13 replies
I would be prepared to file for eviction etc. if they are 1 day late on payment, but would not actively be working to get them out if there is not a blatant current violation of the lease agreement.
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24 December 2024 | 14 replies
This will allow you separate business income and expenses from personal income and expenses.Since you plan to house hack your bookkeeping and tax return preparation will be more complicated because a percentage of your home expenses will be personal deductions and some will be business deductions.
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30 December 2024 | 7 replies
If I was the landlord here are the questions I would be asking - providing these so you could be prepared if they come up:1.
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30 December 2024 | 89 replies
I just extended my lease to a 2 year lease because of this success and fully believe that this airbnb will continue to do well.The newly onboarded airbnb:So the new airbnb had a little bit of a rough start, the laundry machine had to be replaced as it stopped working whilst I was testing things out in the home, I had a bit of a higher cost setting up the airbnb, (painted and filled in cracks that were previously present) but to be honest I spent around the same I would have spent if I had to fully furnish the home.
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26 December 2024 | 3 replies
As long as you're prepared to be a landlord and live next to your tenant for at least a year, house hacking is a great way to get started.