Arthur Crum
RAD Diversified SCAM ALERT!!!
20 January 2025 | 242 replies
just curious thats some pretty detailed infomation..
Torrean Edwards
TR, I am an investor from Milwaukee.
27 December 2024 | 27 replies
One of the biggest challenges of investing in Rustbelt cities is knowing where to invest and properly understanding the cooresponding pros & cons.Here's copy & paste advice we share to help to address this challenge:-------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?
Brice Alef-Torrisi
Managing finances between multiple properties
14 January 2025 | 7 replies
@Brice Alef-Torrisi To manage finances for multiple properties, maintain separate bank accounts for each property if held under different LLCs to avoid commingling, which could jeopardize liability protection and complicate tax deductions.If properties are under one LLC, using a single account is fine but requires detailed record-keeping for each property.
Kris L.
Selecting the right agent
26 January 2025 | 12 replies
I am an agent in Huntsville and can try to help with the comps if you want to send me the address.
Paul Stewart
STR Life- Remitting and paying Taxes
16 January 2025 | 11 replies
I do it myself and takes 20 to 30 minutes a month (did it yesterday for Dec), with about 7 of those minutes for 1 property in Blount County, TN which requires the form to be manually filled out, write a check, address an envelope, scan doc and check for my records and walk it to my mailbox.
Joshua Lanzieri
PLS HELP!! Property manager spend $8k over budget
11 January 2025 | 14 replies
Always have a detailed scope of work and a price in a written contract.
Noy Rivlin
First-Time Investor Looking for Advice and Connections in Pittsburgh!
31 January 2025 | 13 replies
@Jeremy TaggartThank you some much Jeremy for the detailed answer!
Michael Beirne
Section 8 BRRRR in Baltimore
22 January 2025 | 15 replies
Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.PM us if you’d like to discuss this logical approach in greater detail!
Erik Fredriksen
New Investor trying to learn more and make contacts
8 January 2025 | 4 replies
Adding details and specifics can help get to the answer or direction you're looking for.
Nate Marroquin
House Hacking, with other rental debt and low income
30 January 2025 | 10 replies
@Jay Hurst thank you for this detailed message.