Nicole S.
New member from Wilmington, NC
19 September 2016 | 4 replies
I knew it had potential and for the last 3 months, we've renovated it from the bottom to the top.
Will Zena
Identifying the rental market in my area
9 September 2016 | 4 replies
You're not going to cashflow on a water front property and you may have issues with seasonality and/or demand in a very tourist-driven area.If you have an idea of where you'd like to invest and what the numbers might look like, a good way to test the waters is to put an ad on craigslist showing a potential property with the rent you'd expect to get and see what kind of interest it gets.For my rentals in Louisville, over the past 6 years I've had anywhere from 2-3 emails a week to 30+ emails per day depending on the location, rental rate and time of year.
Mike Pichik
Company Structure: LLC or S-Corp?
9 September 2016 | 1 reply
It creates potential for two-layer taxation and creates tax deductibility issues for losses.
Account Closed
Pinellas County (Palm Harbor) contractor referral?
4 December 2017 | 9 replies
Just did a walk through of a potential investment property, and now I am estimating cost of repairs.I am looking for an honest contractor in the Pinellas County, Palm Harbor area to do another walk through the house with me, give me his estimate of repair costs, and potentially hire that person.
Michael Pouliot
Banking Issue?? 1st 2 SFHs in my name, versus LLC going forward..
9 September 2016 | 1 reply
My worry is that is I commingle the banking activities and the 2 rentals I have in my name with the LLC I have potentially negated the benefit of creating the LLC if/when I am sued down the road.I think this must be something others have come across and I would really appreciate suggestions on making this a bit simpler.
Kareem Sholaja
New member from Illinois
14 September 2016 | 14 replies
Tons of beautiful stone properties that have MASSIVE potential.
Ross Miller
ARV for buy and hold vs flip
9 September 2016 | 2 replies
Do you base your ARV on the actual finish level you plan to use or the full potential of the house with upgraded finishes?
Matt Harris
As an investor do you prefer turnkey or empty house at purchase
10 September 2016 | 34 replies
Why would someone want to marry into my potential problem??
Mario F.
Illegal to convert rent control unit into vacation rental/airbnb?
15 October 2016 | 8 replies
The legislature recognized the potential for abuse of the Ellis Act and provided for steep penalties for landlords who do not comply with the requirements.
Mitch Chilton
Beginner investor looking for advice in Iowa.
9 September 2016 | 8 replies
While there's a smaller pool of potential tenants to choose from, there is also a very small number of available rental units.A few expenses I noticed missing from your numbers were vacancy, insurance, and capital expenditures.