I’m in Dallas, Texas and just started renting out my first Airbnb rental, I need CPA or legal advice on whether we need to form a LLC now or wait until we have more properties. Since this is our first one, I have hea...
Just got a call from the condo association of my rental townhouse. Apparently, the neighbor found bed bugs in his unit so he was letting the neighbors know (aka my tenants) They told him that they had been having a be...
So I've been hiring contractors for the first 7 rehabs I've done, and I've learned a lot about the construction process. A carpenter who does work for a contractor I recently parted ways with recently gave me a call a...
Hi everyone,I’m hoping for some ideas.I’m new to the forums but have been lurking for a few months. I’ve owned SFR’s before, but sold my most recent one about 4 years ago. May I just say, criteria has changed?!I've ...
Hi All! I am under contract on my first STR beach property. $1 million home. 20% down. 800k Mortgage. The plan is to put the property in an LLC at the onset (I heard this was easier/better rather than putting in perso...
Hello All!I write this post to hopefully give someone the strength to not give up and keep on going, even if you fail sometimes it's not the end you just need to look on the bright side of things and keep on pushing. ...
We have several commercial loans for our portfolios. We are considering refinancing them now while rates are lower to increase our equity positions, lower our monthly payments, and reposition ourselves during this Pan...
I would like to ask if the property below would be ok. I am a new investor. Price: $320,000Scheduled Gross Income $50,400 Effective Gross Income $48,384 Operating Expenses $24,496Net Operating Income $23,888Tax: $3,65...
I just got this app as it was referred by several friends in the real estate game. Just looking to get some advice on the most effective way find people in my area. I live in The Denver Metro Area. Thanks guys.
Hello all,I'm in the middle of my first home renovation. I have decided on 12mm laminate flooring (pad attached) from Lumber Liquidators which requires a 3 day acclimation period. My HVAC install date has been pushe...