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22 March 2024 | 6 replies
There are several books that can provide valuable insights and prepare you for house hacking.
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23 March 2024 | 15 replies
If you are financing the purchase, the lender will also provide protection, you will get an inspection done to protect you and so on.
23 March 2024 | 7 replies
If you already own it and it was a personal residence that you don't want to sell providing you live somewhere in the area, have an interest and understanding of your local rental laws and aren't in California (the laws) or Florida (the possibility of assessments) then self management is a possibility.
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21 March 2024 | 2 replies
i brought a property at foreclosure and deed was transferred on my name.
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22 March 2024 | 7 replies
I'm wondering if it's common for PMs to provide detailed receipts for each project, and if it's reasonable to request them.
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23 March 2024 | 8 replies
You could consider offering to have the shower inspected by a licensed professional to provide a written report confirming its safety and functionality to address your tenant's concerns.If your tenant continues to refuse to pay rent, you may have grounds to evict them for non-payment of rent.
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23 March 2024 | 10 replies
It's important to do your due diligence and research the local market, as well as establishing a strong network of professionals to support your investments.Ultimately, the best deals are the ones that align with your investment goals and provide a good balance of cashflow and potential for long-term growth.
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23 March 2024 | 7 replies
They don't really provide any tax benefits and their veil is easily pierced by a good lawyer....Just have plenty of good insurance.
23 March 2024 | 12 replies
Renting the Baltimore property first might provide some additional cash flow to support the ADU project.
24 March 2024 | 11 replies
if you're looking at 1-4 unit properties, don't kill yourself trying to create an LLC just yet. find your lender first then see if they'll require you to close in an LLC or not. single-member LLCs do not provide as much legal protection as we would like to think, so if that's your reasoning for wanting to create one right off the bat, that's just something to consider. as far as a business license, AFTER you close on the property, call the town hall and ask if they want you to have one there bc you're collecting rent there. if you're using a PM company, they will probably say no. :)