
1 October 2024 | 2 replies
Modern lumber is also a lot more prone to termite damage as it is softer and easier to consume whereas old lumber is extremely resinous and naturally termite resistant.

2 October 2024 | 17 replies
They have an option to do a flat fee for utilities which I opted in on, and yet the automated system still sent out an email to tenants to get utilities in their name.

4 October 2024 | 17 replies
This is costly and time consuming, however.

30 September 2024 | 4 replies
Dissolving the LLC would require starting over with a new entity, which can be more time-consuming and may reset any business credit you've already established.To change the name, you can file an amendment with the Wyoming Secretary of State, which is straightforward and keeps the LLC intact while giving you a fresh identity.

29 September 2024 | 17 replies
I opted for YouTube instead of paper

28 September 2024 | 6 replies
Some investors opt for larger homes with more bedrooms, while others convert existing residential properties to fit more people comfortably, ensuring they meet safety and accessibility standards.One thing to consider—smaller operations like RAL often rely on word of mouth and local reputation to fill rooms, so community engagement and relationships with local health care providers are key to success.PS: Fun fact—by 2030, it’s projected that more than 20% of the U.S. population will be over the age of 65, which makes senior housing a high-demand sector for decades to come.

3 October 2024 | 29 replies
Take that into account.I firmly believe no investor should invest until there's zero consumer debt, mortgage I prefer paid off too but I get why it's not the highest priority.

1 October 2024 | 14 replies
You also have higher expenses with STR and MTR, you have all the utilities, furnishings, and consumables to account for as well.Combining strategies with house hacking makes it easier to get to cash flow.

29 September 2024 | 5 replies
You can either continue the depreciation schedule from the property sold, and create a new fixed asset for the additional amount invested to obtain the property (Two Depreciation method), or you can opt to treat the new asset as one asset (Single Depreciation Method).

1 October 2024 | 9 replies
All communications have to be through email, which is some cases is great, but in others it is horrificly time-consuming and inefficient.