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24 April 2024 | 18 replies
Given the ideal situation when owning a rental property (for this example residential 1-4 units) is to hold that property in it's own LLC for liability and tax purposes.
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24 April 2024 | 6 replies
Last year I was in Prague for 2 months while I was trying to close on new construction in FL, and i ended up having to do multiple embassy trips (which needs to be scheduled a week in advance), multiple expensive air mailing, and in the end I got back to the US and signed it there because everything was still screwed up.
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23 April 2024 | 7 replies
There is limited inventory for purchase and average market time is less than a week with multiple offers.
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24 April 2024 | 5 replies
totally hear you, pre 2021 in knoxville was a totally different ball game. again depending on your goals and strategies, your expectations aren't unrealistic. some deals may require more of an investment to make the numbers work like one of my student rentals that was a full gut project and took nearly a year to complete yet it spits out 15% cash on cash returns annually and i purchased that late 2022. investing in general is a risky endeavor, it's all relative to ones own risk tolerance depending on their position. we try and make calculated risks and look to evaluate multiple exits before pulling the trigger, yet there is still some risk involved. maybe a reit or syndication is the way to go if you want to be in real estate yet don't want to take on the properties yourself. either way i'm happy to make some local connections.
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25 April 2024 | 16 replies
Although I am interested in getting cash flow if I am, especially since my current living situation is very ideal.
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24 April 2024 | 16 replies
What do y’all do to make things easier and simplified for multiple properties??
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25 April 2024 | 2 replies
You didn't mention anything about trying to resolve the situation which will entail selling the property.
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24 April 2024 | 10 replies
I doubt they have the funds for the repair or if the appliance needs to be replaced.What would you guys do in this situation?
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24 April 2024 | 3 replies
Just to challenge you a little - can you house hack, or are you already situated in a primary that you own?