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22 January 2025 | 25 replies
Is it possible to have a property manager who manages some of the property, while I manage the rest remotely?
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7 February 2025 | 40 replies
I was one of the few lucky ones with Safeguard as I was able to take over the management of the loan and modify it and then got a payoff.
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11 February 2025 | 15 replies
For example one person could manage paperwork and another person could be boots on the ground.
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30 January 2025 | 6 replies
I'm a local, CT based investor, flipper, and property management company owner.
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31 January 2025 | 7 replies
It’s the simplest way to get a feel of what it is like to be a landlord without going through the hassle of managing rehab projects.
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31 January 2025 | 29 replies
I've managed a number of successful rehabs and put a lot of sweat into them as well.
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14 February 2025 | 8 replies
However, the tax treatment differs between short-term and long-term rentals:Short-Term Rentals (STRs): If you materially participate (work 100+ hours and more than anyone else on the property), you may be able to offset rental deductions against W-2 or other active income, offering greater tax benefits.Long-Term Rentals (LTRs): If your AGI exceeds $100K, your rental losses may be limited, unless you qualify as a Real Estate Professional (REPS).If you plan to expand your rental portfolio, consider an LLC later for liability protection and easier management.
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10 February 2025 | 9 replies
The investor manages the project, and the lender receives a percentage of the profits upon sale. - The property is renovated and sold at a significant profit, and both parties are satisfied. 5.
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11 February 2025 | 6 replies
@David Kendall Jr, for deals that I am managing myself, I want a minimum $50k profit potential, and shoot for about a 15-20% profit margin, whichever is greater.At the end of the day, percentages alone don't work for me, because my time has a value to it.
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20 February 2025 | 8 replies
Private lenders or even creating a small syndicate with a group of investors might also be worth exploring, especially since you can point to your uncle’s track record and your own experience managing rentals as a selling point.If timing is tight, you could look into a bridge loan to secure the property while figuring out a more permanent solution.