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9 February 2025 | 6 replies
Having an exit strategy can also just simplify the process in case one of you has a life event and needs to exit the deal.
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13 January 2025 | 6 replies
Regarding insurance adding additional umbrella insurance is great idea.
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4 February 2025 | 5 replies
The property has a decent-sized lot with a carport past its shelf life.
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25 February 2025 | 9 replies
If you can find the right property, sacrifice for 6 months, it can absolutely change your life.
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19 January 2025 | 18 replies
Low insurance" is concerning to me, as Athens gets a LOT of high wind / weather / tornado activity for unknown reasons - they just got hit again last weekend.
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30 January 2025 | 5 replies
They are definitely responsible for starting the fire, whether utilities were on or not.If tenant has insurance, they should file a claim.
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22 February 2025 | 30 replies
The affordability and quality of life are big draws, and it’s great to hear your perspective.
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12 February 2025 | 12 replies
Go ahead and file.In real life it costs you time to figure it out and money.
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25 February 2025 | 9 replies
To protect assets while maintaining tax benefits, you might consider an umbrella insurance policy in addition to the LLC structure.This post does not create a CPA-Client relationship.
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10 February 2025 | 12 replies
All-In Costs & Profitability-ARV: $450K-Purchase Price (financed): $170K-Repairs: $150K-Holding Costs & Financing: ~$20K–$30K (insurance, taxes, utilities, interest, etc.)