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10 December 2024 | 7 replies
Another thing to consider is if you want to setup "single-asset" LLCs that only over 1 property to further limit your liability.
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12 December 2024 | 6 replies
I totally get where you're coming from—finding deals that pencil here in the Portland/Beaverton area is tough, especially with the high cost of living and interest rates.One approach that’s been working for some investors locally is exploring opportunities with mid-term rentals (MTRs) or hybrid MTR/STR setups.
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10 December 2024 | 6 replies
Those should drive a ton of traffic to your listing.Furnished Finder is the go to for MTRs (long term rentals with a shorter stay, over 30 days).You can also use FB like @Bruce Woodruff mentioned but you will need to get everything setup to take bookings.
9 December 2024 | 2 replies
What should I expect and how should vet/set up a lease through a temporary housing company for a tenant?
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9 December 2024 | 7 replies
The main reason is that it is not initially set up for a Real Estate business like other “real estate-specific” accounting software.
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10 December 2024 | 8 replies
I like Roku TVs because there is no changing the input source, so guests don't get confused with an unfamiliar setup and need help.
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11 December 2024 | 13 replies
Should I set up a land trust then put the beneficiary as an LLC?
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7 December 2024 | 6 replies
We've found it has superior reporting features, integration features, and is overall more efficient to work within than other REI-specific software.The downside is QBO is not set up for REI so you'll need to do that or work with an expert to ensure it is set up for your business appropriately.Something else to keep in mind is your entity structure and how your entities file tax returns.
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9 December 2024 | 1 reply
Sounds like this was a TIC setup which seems an unusual investment for an SDIRA (and problematic, from what I understand.)Aren't you the beneficiary of the inherited IRA?
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8 December 2024 | 9 replies
I get paid within a day of arrival (I now set up direct pay so I will handle my own payments going forward).