I’ve heard that this neighborhood doesn’t really have any problems from a social worker but outside areas aren’t good. 3/4 units are currently rented at $900 each, renters pay utilities.

The tenant is understandably frustrated and has mentioned safety concerns due to slipping hazards caused by the water.

, the more likely people will respond with valuable insights.Network actively: Join local investor meetups, online forums (like BiggerPockets), and social media groups focused on real estate to start engaging in conversations.Be open to learning: Real estate investing is a dynamic field, and the more you learn, the more you'll realize there’s to know!

Those that cannot weather the storm get wiped out.Having cashflow positive properties provides a margin of safety you just do not have with negative cashflow.Why are you focused on buying in your backyard? 

Hotels are definitely not fans of STRs but it is regular people and safety officials that are pushing for these regulations. 

When parents employ their minor child, the child is exempt from Social Security and Medicare (aka FICA) - if under 18.

Instant equity creates a margin of safety.

Keep in mind that I am selling them as affordable fixer uppers and usually only address any health, safety, and functionality issues.

Timely because January 31st is the deadline.Sending 1099-NEC (formerly 1099-MISC) to contractors and vendors2024 update: While not directly related to sending 1099-NEC forms to your contractors, you may have seen the panic on social media about every $600 electronic payment reported to the IRS under a new law.

Another cool thing about hard money lenders is they work like a safety net.