Neal Daftary
Series LLC vs LLC in Texas - Need Guidance
5 November 2024 | 4 replies
I personally choose to utilize the traditional LLC for my first few properties and it has treated me well.
Mike Harvey
Starting with section 8
2 November 2024 | 8 replies
Landlord can require tenants to be responsible for separately metered utilities, so can avoid waste.Landlord can get annual small increases in rent.NegativesMost of us don’t treat something we get for free the same way we treat something we’ve worked hard to obtain.S8 applicants claim “broke” and don’t like to pay application feesSame goes for security depositsS8 tenants, in our experience, tend to cause more property damage than non-S8 tenants. - Make sure you get a security deposit and perhaps do a surprise inspection of their current home.S8 requires an inspection (mostly health & safety) before approving a lease and then annually thereafter. - Not something most landlords taking care of their properties have to worry about.There are limits to clauses they allow in your lease.
Jude Chidi Ogene
Hi from Charlotte NC!!
4 November 2024 | 7 replies
I would love to talk to you about financing options as we help many investors, beginner and experienced, with funding that utilize the BRRRR method.
Jonathan Umana
First Time Landlord - Renting out 1st Floor Unit
6 November 2024 | 7 replies
On this forum search screening, deposits, utilities.
Lior Golan
Advice for a foreign national flipper who wants to start in new construction
4 November 2024 | 1 reply
Because the land already has all the utilities infra that it's needed water, sewer, electricity.
Audrey Sommer
What are the best way to market a long-term rental?
6 November 2024 | 12 replies
Zillow is a great tool to get your listings out there however, I would not utilize Zillow applications.
Glen Michael
Owner onboarding requirement to provide financial documentation
3 November 2024 | 8 replies
.- Also found terrible policies that owners had, that they didn't understand.4) Utilities: We check that all utilities are properly set up and cofirm or enroll in any Auto-Transfer of Service programs to avoid no heat during winter leading to frozen pipes.- Dealing with a very upset new owner client right now that previous PMC didn't handle the water account properly.
Zac Kucharek
First House Hack Tax Planning
7 November 2024 | 7 replies
If not, you can allocate a portion of your utilities to the other unit based on the square footage of each unit.
Zach Rumfield
How To Find The ARV Without Having Access To The MLS?
4 November 2024 | 10 replies
Utilizing these methods and collaborating with local appraisers ensures accurate results.Good luck!
Hannah Tate
Anyone Invested Internationally? Mexico?
10 November 2024 | 19 replies
Interestingly, you can list the property in U.S. dollars and receive payments in U.S. funds, which means I don't really use COP except to cover utility costs like internet, water, and electricity.