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7 June 2024 | 11 replies
We use Booking Pal as a Channel Manager and our properties are on Google Vacation Rentals.
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5 June 2024 | 10 replies
My father resides in this property and is managing the flip, leveraging his extensive experience in property renovation.Financially, I bring to the table a stable annual gross income of $270,000 from my successful healthcare company, which will continue to support my real estate endeavors.
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6 June 2024 | 1 reply
Is it relatively safe from crime?
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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 | 4 replies
@Barb F.happy to help - your first rental is a big stepbut... you should hire a property manager - they'll handle screening, the lease, the move in, etc.
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6 June 2024 | 3 replies
just be cautious when it comes to using these. ensure you've got a plan to pay that balance back in a relatively quick fashion as most HELOC rates can fluctuate which could make the numbers suddenly not work. i've leveraged mine in instances where i'm doing a BRRR and i want the deposit for a private money loan. i'm not using it as my downpayment and leaving it out there for a long period of time.
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7 June 2024 | 3 replies
I'd also recommend checking out Investor Lab – their events are worthwhile, though there is a fee.Besides REIAs, look into:Meetup.com: Many local real estate groups host events here.Landlord Associations: They provide excellent resources for both Portland and state-level, which could be helpful if you decide to self-manage your home in Salem.Best of luck on your real estate journey, and feel free to reach out if you need any advice!
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8 June 2024 | 25 replies
If you need help with construction design, build, management of property I’m here to help.
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6 June 2024 | 4 replies
You have a responsibility to try to rerent, but losses related to that can usually be deducted from a deposit.
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7 June 2024 | 2 replies
If I don’t succeed as a wholesaler, I would probably fare well in Risk Mitigation/Management, lol!