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6 February 2024 | 6 replies
@James Palassis- if you take the additional payment - I would recommend asking for a real estate type attorney to take care of documenting the recast
7 February 2024 | 18 replies
I'll never know why she did this, not that I really care....
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6 February 2024 | 15 replies
If your financial numbers are good and you carefully pick tenants you should succeed.
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7 February 2024 | 19 replies
Which I questioned because it was supposed to be a “quick cash sale” they said that allows time to fix any hiccups in paperwork on either end.We knew they would make a profit, I said once you own them you can make however much money you can, I don’t care.
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6 February 2024 | 9 replies
Appreciation plays can start eating your regularly income if your not careful.#5: Cash-flow plays are incredibly hard to do in most cities nowadays.
6 February 2024 | 4 replies
My question being, if I asked to be a 1099 employee instead of a W2 employee, would i qualify as Reps for taxes since I self-manage and take care of all of our own rentals yearly?
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6 February 2024 | 16 replies
Take care.
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6 February 2024 | 4 replies
thanks everyone for the tips and advice .So far we only received half of the rent .
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6 February 2024 | 9 replies
With ever changing legislation around STRs and events like COVID where hosts lost thousands of dollars in reservations overnight, I want my properties to cash flow or at least break even as a LTR.However, if you want a place in Alaska to visit a couple times a year and don't care about the revenue as much as having the flexibility to visit and already have a place, STR can be a huge win.TLDR - Skeptical of Airdna predicted revenue.
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5 February 2024 | 6 replies
I am a new investor and I am in the early phases of putting a team together to break into the Cleveland, Ohio Market.I would really appreciate it if you could please post or DM those PM's/Real Estate Agents/Lenders you would recommend (and also those to avoid).I know PM's could make or break your business, so that would be the priority; I would however like to get contacts for Real Estate Agents and Lenders as well.I would also appreciate if you could share your experiences, knowledge (areas to invest; areas to avoid), general tips etc.Thank you in advance!