Will Shoemaker
Land Flip to Dev Prop
6 May 2024 | 1 reply
40k prefab20k electric and water hookup10k land dev100k 1-2 acreOrrrrr170k duplex with prefab home in back of yard ( section off drive into prefab and section off duplex yard)rent duplex - live in prefabthen rezone property for appraisal of two property
Marcos De la Cruz
Any thoughts on Zillow free property mgmt?
6 May 2024 | 7 replies
They have a Zillow Rental Manager but this is only a platform to allow a property owner to list their property for rent on Zillow.
Brandon Chen
LLC virtual address needed?
6 May 2024 | 6 replies
This is the main market for these businesses that rent you a "legit business address", to cater to startups looking to build credit.
Christian Weber
Primary residence to LLC (and yes I did a search :) Florida
6 May 2024 | 12 replies
So I am not the smartest person and some of the helpful replies in previous posts was above my mental capacity.My situationI own a home (homesteaded in FL) and have 2 roommates which help pay the bills.numbers - mortgage left 155k, home value 330k, current interest rate 4.125% on conventional with 24 yrs left on a 30 yrmonthly payment with HOA $1600 pcmI am wanting to either1) turn this primary residence into an LLC and purchase another property to move into and start the process again with the aim being to rent my current house out on an annual 12 month lease for at least 2 - 3 years as I was told that as long as I lived in it 2 out of 5 years I can then sell without paying capital gains (though this confused me and anyone wanting to teach this to me like im 5 years old would be greatly appreciated).
Yusuke Koike
Broken pipes cause tenant not to stay in the property
7 May 2024 | 20 replies
@Yusuke Koike if damage was that extensive where the unit is not habitable, check your state/local landlord tenant laws as some just require you let them out of lease, return deposit and refund rent for any time they’ve paid that they can’t live there.
David Freed
Moving to Dallas - Evaluating Richardson / Carrollton Markets
6 May 2024 | 13 replies
I want to use this opportunity to kickstart my real estate journey and am evaluating two options:- Purchasing a duplex and renting out one of the properties- Picking up a single-family rental in the area (alongside the apartment we use ourselves: either rental / owned depending on pricing)The two cities we've been exploring are Carrollton and Richardson.
Marc Delgado
Outsourcing Accounting/Bookkeeping duties
7 May 2024 | 16 replies
Initially he started doing is own bookkeeping and after his 2nd deal he said " If you can help us everyday, I will take your challenge to cover your fees and you and your firm can be our CFO"Challenge - Buy 5 properties and sell or rent at least 4 in the first month.
Marcelo Murai
Intro, MTRs, and investor-friendly real estate agents recommendations
6 May 2024 | 7 replies
It has been a huge success so far, some major rents being collected in NJ :)
Wendy Jiang
Renting to Dental School Students
2 May 2024 | 2 replies
You should be sure to run a credit report on the parents to ensure they are well-qualified and of course able to cover the rent if the student cannot.
Marisa Voelkel
Deciding - Hold or Flip
6 May 2024 | 7 replies
Depending on your near term goals, one idea would be to hold the property and rent it out to let the property season for 12 months reducing your taxes as you will not be hit with short-term capital gains.