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12 February 2025 | 20 replies
Quote from @Anne Christensen: Unless you have a ton of equity, I wouldn't bother with a legal structure that adds complexity and cost.The odds of you being sued are about the same as being struck by lightning twice.
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18 February 2025 | 16 replies
Currently being experienced by plenty of Floridians.
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16 February 2025 | 14 replies
The other thing you could do pay your cleaner to come by on trash day, take it out then back in.
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14 February 2025 | 15 replies
@Khaled SeirafiRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.
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8 January 2025 | 2 replies
My experience with friends/some clients is get their numbers via whatever method you can and reach out via the phone.
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19 February 2025 | 10 replies
By purchasing a multi-unit property, living in one unit, and renting out the others, you can cover your mortgage payments and start building equity while gaining rental income.
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16 February 2025 | 7 replies
If you identify a problem, ask the seller if it was pre-existing or caused by the current tenant.
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12 February 2025 | 2 replies
Please use an attorney to write these documents - this is the equivalent of going to see a dentist in the van down by the river - it's great until something goes wrong and then you could be completely screwed
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13 February 2025 | 8 replies
Between it and chain, both last a long time and require little maintenance, but the vinyl looks so much better and is more functional by blocking visibility.
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19 February 2025 | 15 replies
A Qualified Joint Venture (§761(f)(2) )allows two spouses operating a business together to not file a partnership return; however the business can't be held as a state entity (§301.7701-2) like an LLC and it also requires material participation by each spouse under §469(h) which can be hard with a SFH.