I am considering venturing into the STR market chasing higher returns (gotta be honest!) after liquidating my long term rentals. My first "trial" STR would be my primary residence on days when I'm not home, which is a...
I just bought a triplex and am planning to live in one of the units. I'm trying to make sure, for tax purposes, that I document everything and keep the expenses for the rental units as separate from my personal exp...
When you are demoing or renovating a building where you tear out HVAC units, lighting, and other components, these assets are considered retired or abandoned from the building. Therefore, the book value of these asset...
Hey I'm looking for someone with short term rental experience in the Gulf. Mainly in the Panhandle area of Florida and the Gulf Shores area of Alabama. I've done some research and there is still some ambiguity. Wonder...
Hello Everyone,I am recently married and my wife and I currently rent a guest home from our family for 1,000 dollars a month all inclusive. We don't pay for the utilities, cable, internet, or alarm system. It's a pret...
I just got my 2nd property under contract in Indianapolis! It is a duplex that is just south of brookside park (and north of 10th st). The plan is to BRRRR. Any thoughts on the area/neighborhood? To me it looks li...
Yesterday I found fresh human waste in the toilet at the REO I have under contract. Today I was there with the mold specialist and we found food remnants and some drug paraphernalia.
House is owned by a mega-bank and...
In my area (New England), the majority of houses, (multi families in particular) are over 100 years old. If I am planning on buying and holding long term, what are some of the pitfalls of buying these extremely old ho...
Hi all,
I'm building a REI LLC from the ground up. Just wondering what positions, if any, RE investors are hiring to help expand business. Job title & a brief description would be awesome!
Thanks All!
Mark
Hey there! I see a lot of seller-financed properties as I'm practicing running numbers on properties listed on craigslist & other similar sites. I suspect that many of these homes are not owned outright.Is it comm...