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7 May 2024 | 4 replies
"Terminate on Sale" clauses are rarely allowed by the courts with residential leases.The good news is, many tenants don't know this.So, we always politely ask tenants to sign our lease, ask if they want to extend them and try to reasonably increase the rent.We don't recommend abusing this with strong-arm tactics.
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6 May 2024 | 1 reply
Do any of you work with a property manager that you highly recommend?
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6 May 2024 | 4 replies
February is going into off season so I wouldn't recommend unless you're priced below market value just to save on vacancy.Hope this helps!
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7 May 2024 | 8 replies
In addition to checking out @Jim Pfeifer’s Left Field Investors, I’d recommend you go to Ian Ippolito’s Real Estate Crowdfunding Review and his Private Investor Club.
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6 May 2024 | 5 replies
LLC #1 (convert to s-corp once turning a 40K/yr profit as recommended by CPA) for a flipping business.LLC#2,3,4+ for Buy/Hold business (opening up new LLC after the previous reaches 1M in equity or property is in a new state)Parent/Holding Company - to own all LLCs or just multiple Buy/Hold LLCs as they are formed?
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7 May 2024 | 13 replies
Capital gains with cash is bad.But I do recommend partnerships for most STRs for a handful of reasons-https://wcginc.com/kb/rental-partnerships/
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6 May 2024 | 6 replies
I am here again to ask your advice and recommendation as a landlord.
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6 May 2024 | 12 replies
If investing in that studio style, I’d highly recommend only the best asset qualities, i.e. walk-in with no stairs, good area, golf course or lake view, etc.
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6 May 2024 | 3 replies
BiggerPockets also has a calculator you can use to analyze deals and I highly recommend you start this as soon as possible, even if you are not ready to buy.
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7 May 2024 | 24 replies
My recommendation if you choose to invest out of state is to choose cities in safe and economically diversified areas with above-average income and population growth.