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I have only one rental at this point, but was advised it might be ideal to setup one LLC for the actual real estate company in addition to an LLC for each property. I believe the reason was to protect ourselves in cas...
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I own condos, and have no issue investing in them, but this is a clear example of why you need to do your due diligence into the management of the building. This condo building owes the power and gas companies over $...
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I am asking the basic question of "LLC or S-Corp for Rental Property?" but with a twist....I am working to acquire my first rental property in Rockford, IL and was planning to set up an LLC to hold the properties... A...
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Has anyone used the airbnb rental arbitrage strategy? Would love to hear any experiences with this type of strategy
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In one of our development projects, the City staff asked us to remove 40 units from our concept plan.This wasn’t requested by the City Commission at a formal hearing, it was the opinion of the staff.Our original conce...
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I currently own a Mid-Term rental located in Greater Seattle. One of the strategies I picked up early to utilize was renting by the room. Through trial & error I have learned how to support this specific rental st...
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I recently bought a home and had an agreement that the seller had to fix anything that they had repaired that went wrong during the 90 days. 30 days in, part of my roof leaked and they had it repaired. 70 days in, ano...
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Anybody ever recorded their phone calls with potential sellers? For me, it might be useful to go back and listen again to exactly what was said. According to the internet (so, it must be true), Texas is a single ...
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Hello folks,
For those that have house hacked while renting out bedrooms to tenants... how do you screen them? This seems a so much more personal when you have to actually share the same living space with tenants. ...
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I own a two family house in the Bronx that is in a commercially zoned area. Every other building on the street is a large tenement style building with a ground floor business (restaurants, bars, cell phone shop, bike...