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20 February 2025 | 1 reply
Here are my recommendations for you.Since you and your husband own the duplex under an LLC, with one unit as a mid-term rental and the other as a long-term rental managed by a property manager, having the right insurance coverage is essential.Your property manager’s $100K liability requirement is low.
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17 February 2025 | 0 replies
We will probably pivot one or both to be long term rentals.
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11 February 2025 | 13 replies
The high HOA fee is already a factor, so ensure you’re comfortable with the overall carrying costs.Focus on the Land Value: Since the lot has development potential, you’re looking at this as a long-term investment.
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10 February 2025 | 62 replies
Then I refinance it with a long-term DSCR loan.
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18 February 2025 | 3 replies
The podcast about the books was only 16 minutes long and there was a list of the books in the notes if you’d prefer to skip the description of each book and go that route.
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19 February 2025 | 0 replies
My partner at the time and I were nomads traveling long term.
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25 February 2025 | 12 replies
availability of multi-family 4. ability to write my own contracts(Go off market) 5. landlord tenant laws etc......and some others.If you plan to hold long term, think of what would be most important to this type of investing i.e All the best!
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10 February 2025 | 3 replies
For more context, my REI goals are almost exclusively for long-term wealth/retirement (in my 30s).
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11 February 2025 | 6 replies
Quote from @Ryan Raven: You can usually be a property manager without a license as long as you are a direct employee of the owner.
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24 February 2025 | 4 replies
@Tony Maldonado boilers are great as they last a long time, but not so great when it comes to servicing & replacing them (expensive!).