Hi everyone,I recently searched the forums for something like this that can be used as a mental "aid" for new investors to understand the steps that need to be taken before, during, and after purchasing a short-term r...
I just bought a duplex to live in and I’m putting together a system to organize our receipts and mileage for tax time. If I understand correctly, I can deduct 100% of expenses related to the rental unit and 50% of exp...
Market OverviewThe Los Angeles hospitality market showed strong recovery and growth in Q1 2024, with key performance indicators demonstrating significant improvement from the previous year. The average daily rate (A...
Hi BP, I have 2 rentals that were acquired over the last 6 months... Property #1 closed Dec 2014 and was officially on the market May 1st 2015. My tenant just moved in. Property #2 closed mid Feb 2015 and should be...
Hi all,I think I got some advice on tracking expenses and such when I started out, such as "never pay in cash, always write a check" etc. I was hoping to get some better defined guidance from the community.1) For the...
Hi all
I'm househacking a two-flat home in northern Chicago (Evanston). I know I want to add an ADU, either in the basement or the back yard.
Since parking is a bit sparse on our one-way street and we use the drivew...
Does anyone know if the rentals in chalet village area have been affected by the fires? I have two pieces of property up there and I am wanting to build a couple rental properties but was wondering if the rental cabin...
I feel sorry for the people losing everything in the fires , insurance will go up .But I wish I was the guy driving this bulldozer ;t=162s
For most real estate investors who have been chasing foreclosures, the good deals are getting harder and harder to find. I posted a discussion recently regarding the competition that’s occurring in most markets in the...
How do you build your team of contractors for a rehab job? Do you guys prefer to hire everybody individually or do you prefer to just hire a general contractor so that you don’t have the headache. I’m curious to know ...