Hi, we live in Arizona and we intend to rent out our house. Based from your experience, is it better to keep the pool or retire it? We want to keep the costs down and that includes the pool maintenance of $150/month. ...
Is it recommended to get a CPA who can handle my state/federal taxes and investment properties? I would like to find someone who can do both but I live in Los Angeles and am looking to invest in Louisiana. Any recomme...
I had a meeting with Anderson Consulting (they did an 8 hour webinar for free). And to form 2 LLCs and a Land Trust is $6,000. They say their operating agreement is superior (90 pages) and that as an owner you're not...
I'm in the process of moving each of my properties into separate LLCs to segregate them from each other. In the event that one tenant goes crazy and tries to sue me, I want to have a legal separation between the entit...
We have a small rental property that had a tub drain leak causing extensive damage to the floor/subfloor. We ended up filing a claim with our insurance. Our insurance covered new floors for the entire house as well re...
Hello,Our handyman says he could install 2 water heaters in our STR (house is 100yrs old). It would save us some $$ but I'm concerned if something goes wrong that we would wish we had a plumber to be accountable. Any ...
Greetings - I have recently started remodeling and furnishing one of my longer-term rentals to convert to a short-term vacation rental through websites like VRBO and Air BNB. I was also interested in advertising it vi...
Hello!I am looking at a house hack in Easton, PA. Prior to making any decisions, I want to make sure I properly analyzed the property (specifically expenses that would be associated with the property).The list I came ...
Hi,
I have learnt a lot from this forum and thought to do a lesson learnt on my recent experience to help the newbies. This is to help with most common disasters which is water damage to homes. Again, I am a newbie ...
I've purchased my first investment home, which is currently under my name. I would like to transfer it into a LLC, which I've been recommended to do by several. What's the process? I also hear advice on keeping a lawy...