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7 February 2025 | 49 replies
So you would spend around $25-$30k a month (this was 15 years ago) on police details and require union gate and non union gate if you had non union workforce as well.In DC area, the utility providers are a huge challenge, whether getting permanent power, or water/sewer service etc - good luck.
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28 January 2025 | 0 replies
Will the title company put this property under our LLC name, and won’t be required to legally inform HUD/tax authorities. - will it influence property taxes once we move to conventional loan in 3 yrs?
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12 January 2025 | 2 replies
.- If you decide to have an LLC for each property, creating a Management LLC that all the other LLCs "hire" to run their books, will allow you to only require a bank accont for the Management LLC.2) You may not be able to do a Trust.
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29 January 2025 | 4 replies
Looks like a good service but they seem to require a minimum of a 100 doors?
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1 February 2025 | 11 replies
I'd recommend staying within 10-15% of the median priced home because that's where the most demand will be not only for renters but owner occupants as well.
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23 January 2025 | 5 replies
Only a few simple documents are required, including a valid passport, birth certificate, and proof of address.
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4 February 2025 | 4 replies
@Max Briggs I would recommend checking out the landlord resources tab on BiggerPockets.
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26 January 2025 | 2 replies
One of the biggest challenges for everyone involved is being on the same page about the actual time required for maintenance.DIY landlords rarely properly track their time when it comes to property management in general - tracking their true time invested in maintenance is where they perform the worst.Investors that hire PMCs are rarely any better at understanding the true amount of time maintenance takes.
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15 January 2025 | 12 replies
It is much more difficult to sell an entire portfolio that has become uninsurable (which would require a cash only sale) or that insurance rates are so high that no one wants to buy.
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25 January 2025 | 15 replies
I'm being required to pay another application fee and then $600 application fee to hopefully get this approved by the Board to allow me to continue running the STR that they approved 6+ months ago.