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7 June 2024 | 8 replies
.#1 you probably need to check and see if it even has financing on it.
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7 June 2024 | 3 replies
You likely won't be able to offset the rental loss with your W-2 income unless you can claim real estate professional status or operate it as a STR and self-manage it.The answer won't change even if you own the property inside of an LLC.Best of luck.
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7 June 2024 | 1 reply
I would even consider taking listing photos with your furniture and set up as a home if you weren't already planning on doing so.
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8 June 2024 | 22 replies
Even in the case of a large leak, it is usually concentrated to one specific area.
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7 June 2024 | 8 replies
Since the home is so new, the title is likely fine but you'll want to make sure you're aware of any liens on it (likely the case if its purchase was financed).An ADU is not a bad idea or even bring in another trailer if the county will let you.
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7 June 2024 | 4 replies
Inspector required me to place full house fire alarm even though I was not doing anything related to it.
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7 June 2024 | 10 replies
I even had this problem in my personal home and a steam mop handled the issue,
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7 June 2024 | 4 replies
Even though I believe this will be pass-through income, it seems like it’s a better choice for accounting and keeping income/expenses more easily separated.6.
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7 June 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 June 2024 | 11 replies
You could still keep them guaranteeing the lease even if they sell the business.You do not want them selling to joe blow that runs it in the ground and goes dark.