Ben Hays
Have you done a risk management walk-thru of your Smokies cabin?
12 May 2024 | 5 replies
The service has been excellent and I just had two items fixed that saved me a lot of money, one with a septic tank being clogged and some mold issues in a crawl space, saved a lot of money compared to other companies as well.
Jackie Linne
Do I need a separate EIN for each property series under my Series LLC in Ohio?
12 May 2024 | 7 replies
Just my opinion but one residential property per LLC is an overkill in my mind and just ends up costing a lot more money down the road in administrative / accounting fees.
Jason Khoury
Condo as a First Investment?
9 May 2024 | 12 replies
Also, make sure you know what the monthly HOA dues are as these can be pricey and make it difficult to make money off of the rental.
Kathie Riedel
Returning to BP
12 May 2024 | 3 replies
After a long absence BP due to health issues I am dipping my toes in the hard money lending business again.
Trevor Crabtree
First Turnkey Property
14 May 2024 | 31 replies
Lots of different ways to make money in RE.
Andrew Fidler
Toledo Blade Article - Real Estate Boom!!!
14 May 2024 | 15 replies
When you can sell a 43608 and buy 75% of a 43612 with 75% of the income but enjoy a higher class of residents with double the rental demand it's a solid strategy.I wouldn't say 43608 (or 43605 / 43609 and a few others) doesn't make money...it's that your portfolio of ten properties runs about a 40% chance of any property being rented for 8 months, requires an eviction and full rehab (the bane of realized income).
Petronella Kerssens
What is the best type of rental property for overseas investors?
12 May 2024 | 5 replies
If you have people in Florida that you trust with your money and have proven themselves to you, that's what matters most.
Trent Reeve
Bathroom towel set recommendations
8 May 2024 | 5 replies
They wash up great, don't lint after the first couple washes and hold up really well.We have towels that are 5 years old still in the rotation and still look and work great.I will say that washing towels to keep them nice takes a slightly different tack.
Julio Gonzalez
How to Choose a Cost Segregation Company
9 May 2024 | 2 replies
Someone from the company should perform a site visit of the property to do a thorough analysis and ensure eligible components are identified accurately.Licensure and experience: The firm should have licensed tax specialists and engineers and this is recommended by the IRS.Experience with your specific type of property: Not every property is treated the same whether it be office buildings, self-storage, restaurants, gas stations, mobile home parks, residential properties, multi-family, or car washes.
Jared Billman
Dealing With Angry, Homophobic Tenant
13 May 2024 | 13 replies
Keeping a tenant that long usually results in losing a lot of money and dealing with difficult situations that you wouldn't have with newer renters.Stop talking to them in person.