8 February 2025 | 89 replies
Including one with a "great" rep on here.
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5 February 2025 | 5 replies
For example, what is the monthly revenue for the property and what are the "All In" expenses, including mortgage, taxes, insurance, utilities, repairs, etc...
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29 January 2025 | 3 replies
Properties like the Michigan complex offer a unique entry point, combining cash flow and significant upside potential.Immediate Cash FlowThis particular property is projected to deliver 6% annual cash flow from day one, already exceeding the yield of Treasuries.Value-Add RenovationsThe property includes hundreds of units that can be upgraded to Class A finishes, justifying rent increases.
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30 January 2025 | 8 replies
@Jonathan Klemm thank you for including me!
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12 February 2025 | 20 replies
The risk of "piercing the veil" applies more to LLCs when personal and business finances are not properly separated, not necessarily to individual landlords renting a portion of their home.A more practical approach is ensuring you have a solid lease agreement, sufficient liability insurance (including an umbrella policy), and properly reporting rental income and deductions on your tax return (Schedule E).
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28 January 2025 | 11 replies
The deal sounded good at the beginning but thought it included his fee and it didn't so he's tacking on his 20% on every bill.
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25 January 2025 | 4 replies
So does anyone have any guidance and ideas or know any banks that do rehab loans were all the money including labor is upfront and then we pay a monthly?
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7 February 2025 | 10 replies
Run a credit check, which will include her address history and the dates she lived at each one.
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28 January 2025 | 1 reply
In total, including money lost from rent, legal fees, and repairs, the situation cost almost $30k.
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14 February 2025 | 18 replies
Popular markets often include beach towns, mountain retreats, and areas with strong tourism.It’s also important to research local regulations, occupancy rates, and management costs to make sure the numbers work.