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I'm a licensed realtor in Los Angeles. What should I have in my contract to cover me when wholesaling properties? My brokerage is against wholesaling.
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I'm actively hunting for my first VR property, which I will manage remotely with the help of local housekeepers and handymen. I'm interested in experiences owners/managers have had with remote/wifi technology such as...
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I bought this condo at the end of 2021. The tenant is pre-existing, pays rent on time and doesn't give any issues, seems like a nice enough guy. He's lived there for over 5 years with his teenage son.The property mana...
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I've been seeing ads on TV and hearing them on podcasts discussing the dangers of having your house literally stolen by means of "deed fraud". Supposedly, a scammer successfully impersonates you, forges documents and...
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This week's post goes out to the data-driven folk...First, let's talk about two key metrics: Average Daily Rate (ADR) and Occupancy Rate (%).Understanding ADR: Maximizing Rental IncomeThe Average Daily Rate (ADR) is a...
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I got my tax return, schedule E and my property due to depreciation, took a loss. Not sure how to feel about this? See attached Supplemental Income and Loss, statement.
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I bought a 4 unit apartment building. 2 units upstairs and 2 down. There is one furnace that heats the whole thing thy the landlord pays for. The thermostat is currently in the basement where the tenants can't mess wi...
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Purchased a 2nd home in Maine in 2018 and turned it into a STR a year later. Bought the property for 350K. The property could now sell for 700k! The property cash flows around 40K per year after all expenses. The mar...
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This article originated from our internal process for selecting contractors for our own projects. This is important because one of the most critical aspects of successful real estate investing is selecting the right c...
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The world of real estate investment is complex and ever-changing. With the advent of artificial intelligence (AI) technology, however, the way real estate investors approach investment opportunities is undergoing a ra...