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24 April 2024 | 8 replies
Make sure your advisor has a full picture of the contributions your rentals make to your finances and will make to your future finances.
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23 April 2024 | 5 replies
Perhaps more common for a snow removal vendor as its usually a seasonal service paired with landscaping where employee relationships are more likely to exist.
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24 April 2024 | 10 replies
That said in this setup unless someone wants to do I would have a service do it, not the tenants.
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24 April 2024 | 7 replies
Full disclosure - I'm a mortgage broker in CA and do RM's, but the only way to see what their options are, is to get some information together.
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24 April 2024 | 10 replies
See here: https://www.biggerpockets.com/guides/ultimate-real-estate-in...The bookstore has some great books and the podcast is full of valuable information.
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23 April 2024 | 10 replies
Question for mike, I have a full time job as a carpenter and am a W2 employee.
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24 April 2024 | 4 replies
I have been doing my fair share of readings but i have a lot of questions that pop up and wonder who i can reach out to More info on my financial status if anyone is willing to give recommendations:10k in roth ira3k in high yield savings (paused to pay off debt)6500 in student debt200 ish in credit card debtestimated 4.5 months to pay off. 2 current part times (only been at each a year)expect to go full time on 65k salary working at brick and mortar bank and use college transcript as 1 year and pay stubs as other forms of evidence of a jobfather will be able to aid 20k as gift and if need be added as a cosigner for better approval rates.my goal is to save 50k, debt free and look for houses, however, could this be done sooner with other thank you for any and all advice !
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22 April 2024 | 5 replies
Its a Colorado-specific situation, I guess I should have been more specific:Portable tenant screening reports (PTSR) pursuant to HB23-1099 § 38-12-902(2.5).(2.5) "PORTABLE TENANT SCREENING REPORT" OR "SCREENINGREPORT" MEANS A CONSUMER REPORT PREPARED AT THE REQUEST ANDEXPENSE OF A PROSPECTIVE TENANT BY A CONSUMER REPORTING AGENCY,WHICH REPORT INCLUDES THE FOLLOWING INFORMATION ABOUT APROSPECTIVE TENANT AND THE DATE THROUGH WHICH THE INFORMATIONCONTAINED IN THE REPORT IS CURRENT:(a) NAME;(b) CONTACT INFORMATION;(c) VERIFICATION OF EMPLOYMENT AND INCOME;(d) LAST-KNOWN ADDRESS;(e) FOR EACH JURISDICTION INDICATED IN THE CONSUMER REPORT.....Link to the full Bill
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25 April 2024 | 14 replies
One piece of advice, even though they are not full towns purpose built for STRs.
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23 April 2024 | 3 replies
So, both my wife and I are full time W2 employees and are in the 24% tax bracket, and I came across the short-term rental loophole which sounds really amazing for taking write offs and using them to reduce your W2 taxable income, but also equally difficult to qualify for, unless you are within a short driving distance to your property.