Hi everyone thank you for hopping in briefly, I just wanted to depict how I entered the business of short-term/vacation rental.

They deal with other clients than you, and would benefit from keeping the business consulting income if you buy it versus going to someone else with a different professional advisor setup. 

There are different reasons, goals, and ways that each seller likes to do business.

How should I set up my business structure so that income from my rentals doesn’t increase my personal income reported to the IRS?

What it’s not is an easy, profitable, part time business.

G’Day BP folks,A fellow Toledo investor started a Facebook group revealing all local scammers.Mostly contractors.10+ years of investing in Toledo and stopped counting at $1m in losses.It’s just the nature of the beast and the cost of doing business in my eyes.Unfortunately, Toledo is notorious for bad operators and poor quality of workmanship in many industries.Maybe this group will help you not loose the same amount of cheese that I did $$$You’re welcome 😇 https://facebook.com/groups/786864700099337/

I think multifamily owners are best served by agents who understand the business and can help you make informed decisions.

I have seen some units be repaired for very cheap depending on the problem.

It depends on your goals and what you're looking to do and how much resources you have before someone can consult with you on whether you should buy and hold, brrrr, or flip.Happy to connect and answer any questions you have!

It always depends on the property and/or the principals.