Hello BP Community,I've managed to save up around $90,000 to invest in my first rental property.

I just wanted to chime in on the property tax discussion.  

Follow steps like planning, financing, hiring contractors, managing property, marketing, refinancing, and working with advisors.

We have stared the project about a month ago, completely new interior including adding new HVAC all new electrical, flooring, cabinets, tops and so on along with new driveway exterior paint and some siding.My contractor is also an investor, so we were lucky there, good insight to share and also, he has lots of leads for renters.But he is NOT a good photographer LOL. here are some progress pictures .Also, I will like to share that we are closing on one more single-family property early next week and we have a duplex under contract._________________________________________________________________________________________________________________________________________10/12/2024.

If your property sucks, people won't rent it out as a STR either.

I recently remodeled my property in Las Vegas, and I’d like to update the photos on the online listings to reflect the renovations.

If you are doing your part and really looking at the property and dug in deep on the underwriting, you should be good to go.

Should I consider refinancing one or both properties?

After prolonged discussions, recent high-profile incidents at STR properties have finally sparked some action.

A quitclaim deed should work for transferring the property from the Arizona LLC to the Minnesota LLC, especially since both LLCs are owned by the same individuals and no money is exchanged.