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13 February 2025 | 0 replies
They work well in areas with steady rental demand like suburban neighborhoods or cities with strong job markets.Considerations: Your property management needs will be lower, but rents may rise more slowly over time compared to short-term options.Short-Term Rentals: High Risk, High RewardAdvantages: Short-term rentals can generate significantly higher nightly rates, especially in vacation destinations.
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19 February 2025 | 10 replies
RV rentals can do well, especially in popular outdoor destinations.
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19 February 2025 | 15 replies
There is more beyond merely setting it up though involving the operating agreement, separate accounts and books and no co-mingling and many people don't keep that piece maintained too well.
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7 February 2025 | 1 reply
While you should always consult a CPA and/or attorney for their professional advice, here's my 3 cents (I'm sure others will chime in as well):1) Having an LLC may make it "easier" to track but it's not needed in this situation as you can run this through your personal return just as well.
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22 February 2025 | 7 replies
Well, those couldn't be more different.
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22 February 2025 | 9 replies
They believe if they service you well, then you would never leave!
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13 February 2025 | 25 replies
It has a Walmart, Lowe’s, Home Depot, Applebees, and a 99 Restaurant which is a New England chain as well as tons of other businesses and restaurants.
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15 February 2025 | 3 replies
A well written management contract should clearly spell out what is expected of both the PMC and the owner, to PROTECT both and avoid misunderstandings.
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20 February 2025 | 11 replies
I wish you well in your investing endeavors.
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2 February 2025 | 6 replies
We need to find a good app/website for them to send rent as well, preferably one that has many things built into it, making it more simple to manage things in one place.