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20 February 2025 | 1 reply
Here are my recommendations for you.Since you and your husband own the duplex under an LLC, with one unit as a mid-term rental and the other as a long-term rental managed by a property manager, having the right insurance coverage is essential.Your property manager’s $100K liability requirement is low.
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14 January 2025 | 18 replies
I currently operate a few STRs so have a good understanding of that aspect although they're all located in touristy locations.
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4 February 2025 | 11 replies
Anywhere in between, I think it's deflationary because consumer won't continue to eat it & supply side is still long enough to not warrant new supply at tariff related prices.We really need to see how long this lasts.
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14 January 2025 | 4 replies
I heard North Tonawanda is good place.
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11 February 2025 | 1 reply
Then there's paint....for a long time, it was shades of brown/tan/beige, then went to gray (around 2015 as I recall, then back to the brown shades.I like the herringbone, maybe we will stop seeing Subway tile everywhere for a while...?
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19 February 2025 | 0 replies
My partner at the time and I were nomads traveling long term.
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19 February 2025 | 5 replies
Trying to keep things simple with long-term single family rentals til I hit my conventional limit then will try different strategies with different funding options.
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19 February 2025 | 14 replies
I keep getting mixed answers I don't know why this real estate professional tax status is confusing to me along with cost segregation and bonus depreciation no matter how much I read about them Do you pay a good tax professional to give you an answer?
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31 January 2025 | 17 replies
But you should have a good idea of when that will come due and if you can finance it.
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17 February 2025 | 2 replies
If I were in your position, I would buy a duplex that has potential for value add, fix it up, live in one unit and rent out the other unit as a medium term rental or long term rental.