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23 April 2024 | 14 replies
If you're not comfortable with what is written out and legally binding, I would highly recommend just looking somewhere else for property.
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23 April 2024 | 4 replies
I would recommend your contract ALWAYS have an assignment clause IF you are wholesaling.
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23 April 2024 | 14 replies
I have done two moderately successful local BRRRRs and it would have been impossible to do them the way I did it out-of-state.I also house-hack my own residence and I can't recommend it enough for a beginner if everyone you live with is on board.
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24 April 2024 | 18 replies
I also recommend one when unmarried partners want to invest together, for ease of tax filing if no other reason.Whether or not you NEED to put each property in a separate LLC is a great discussion to have with your attorney.
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23 April 2024 | 44 replies
I'd recommend adding a mandatory mid-stay professional clean into your lease.In my experience, most people booking long term in my market, tend not to cancel because they're looking forward to their vacation.
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23 April 2024 | 7 replies
I recommend starting with a solid property manager.
22 April 2024 | 4 replies
I recommend talking with an insurance broker to work through all your options with coverage.
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23 April 2024 | 3 replies
I would recommend looking for real estate events and connecting with people in the industry to see what the market is like for people flipping, holding long-term, or short-term.
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23 April 2024 | 7 replies
I would VERY HIGHLY RECOMMEND to NEVER own anything in your management company LLC.
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23 April 2024 | 1 reply
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