Keith Richardson
Should I open an LLC for each property?
24 December 2024 | 9 replies
It's easy to obtain, costs very little, and doesn't require extra, on-going effort to maintain.
James Carlson
Are STRs as we know them dead in Colorado (and other places)?
27 January 2025 | 56 replies
At some point that market becomes saturated, pushing revenues down and the extra juice won't be worth the squeeze.
Rene Hosman
What is your preferred way to collect rent?
28 December 2024 | 12 replies
In a perfect situation, the payment will still be delayed (even if by hours) using this additional system.And secondly, many of these vendors have "clawback" provisions where, in their terms of service, you give them permission to go back into your account - even weeks after the fact - and reverse a deposit that was made by your tenant.My system is simple, allows for tenants to pay through multiple means, and does not cost me anything extra.
Giacomo Matthew Degl'Innocenti
Decency of treatment and unfair losses
26 December 2024 | 11 replies
I think behind tenant screenings and leases there is a quality of a landlord that's also as a person that is the respect for a good person and the intelligence of making fair affairs.For me for ten years in the past I had a house of 650sqft (two rooms and cozy kitchen) where I always have been giving away one of the room for others who were asking for help for themselves and I didn't had any earnings for me by that, and that has been during for many and many years, meanwhile I was surely needing more space for me, for my business in a studio and for my own personal life I eventually could have been having.Nonetheless this, on last years I had no more an house and I needed a room for rent, but even before any screening the landlords were being unrespectful and very unreasonably severe to me, they often had making me lose so much time by no taking or going away to the point I had no other choices in the end, and they set me in the wrong places for me, dangerous ones, too small, too big and very expensive, unhealthy ones or not providing anything at all when it was obvious they needed to.To me this kind of behaviour is very wrong, mostly because usually they are the same people who pretend respects and acts as they are very careful and attentive to housing situations in general, but with me, they have been lying above anything and just disrespected the person at a human level.
Kyle Luman
Cash flow vs equity discussion in recent Podcast
13 December 2024 | 13 replies
I'm taxed in the highest bracket but even if you are not, every extra dollar you bring in puts you closer to the next tax bracket.
Maynhia Stott
state that offer OTC tax liens and deed
18 December 2024 | 20 replies
I bought one in Pinal county a couple of years ago and earned the full 16% interest (1.33% each month) for 14 months.
Omari Atkins
Bird Dogging. Is it worth it?
19 December 2024 | 4 replies
The only people who succeed at birddogging are the ones who learn everything they can and know it's going to be a low-paid slog so they do the work hard and one day it changes because you have earned more.
Alan Asriants
Why BRRRR is not an effective strategy today...
31 January 2025 | 44 replies
If so, I'd rather just sell it and not deal with the headache of landlording a property like that and just earn some cash.
Jonathan Grzeszczyk
Negotiating within wholesaling
29 December 2024 | 5 replies
If they have nowhere to go or don't know how to find a next place, and no relatives who are helping them, you will be the only person that goes the extra step to help (even with advice) which means you will get the sale at a better price and help someone.
Eric Fernwood
December Las Vegas Rental Market Update
23 December 2024 | 0 replies
Otherwise, you won't have the extra funds necessary to cover the rising costs of goods and services in the future.What causes rents (and prices) to increase?