Hello! I've been flipping for ~10 years now (just very slowly - 1-2 per year) and have done well on each one. I've taken the profits and invested them in 4 rentals (and a personal res) over the course of that time. Th...
Do you recommend purchasing & operating under an LLC or purchasing under my personal name with added umbrella insurance?
When we first started out, we employed resident managers on our properties. We had a 25 and a 36 unit, and each had a resident manager that we issued a 1099 and paid a percent of gross revenue. As we grew, we replac...
Hello investors, Should I create an LLC to start buying properties with? Specifically, the plan is to buy single family and small multifamily homes to rent out. What are the tax benefits of buying these properties und...
Hello,I would like to know what are the disadvantages of renting to someone having pets.My family loves pets but we don't have any pets.I found a prospective tenant who has a dog,What are some major disadvantages of h...
I'm starting to rent out my granny unit as a short term rental. I have two units on the property, and live in one of them. Hello the beginnings of house hacking! I want to buffer myself and my assets, and have been ey...
We all love these guys right? Well after non-payment and being served with a pay or quit notice multiple times, and direct instructions to the old property managers to evict immediately. One day I went to the pro...
What do you think if the new requirements instituted by AirBnB? I thought AirBnB was a marketing platform, but they apparently see themselves as much more, with the ability to dictate how I manage my own property. I'l...
Hello! My husband and I posted our first rental property (single-family home) yesterday and decided to NOT allow pets. I received a reply from someone asking if I'd consider. My immediate thought was no. We are being ...
We have a guests coming next month from England. They have expressed an interest in shooting since they are really not allowed to over there. They say they have purchased travel insurance that specifically covers this...