Bill Bob
LLC vs TRUST vs Umbrella.....?????
Did some snooping, LOTS of info on LLC and Umbrella policies.....
Honestly still cant pick which one is the better (no one seems to agree), but recently was suggested to try a trust....
The lady mention her parents d...
Landon Elscott
Feeling guilty about success from dad...
Let me begin by stating I know deep down inside my dad is ridiculously proud of me and wants me to reach my dreams and potentials, but in light of a freak flood last summer that destroyed their home I can't h...
Raquel Penas Fernandez
Buying my first AIRBNB property
Hello everyone,I am new to this forum and I am excited to learn from you all and contribute when I can. I am a real estate broker and just starting my journey with short term vacation rentals. I own three rental prope...
Jeremy Bartlett
When to call a lemon a lemon?
All:I have a 4plex up in Anchorage, AK. I've owned it since Aug of 2018 and in the last year I have had 4 separate claims filed for various water leaks that have cost thousands each... First one was trim nails driven ...
Shmuel Gertel
More guests showing up Than Listed on AirBNB Booking
Hi all,
I was curious if people could advise on the following:
I am finding that when guests list the number of people that will be staying at my STR, that they very frequently undercount the number of people that a...
Marvin Meng
Countertop matertials
Hi,I've done accident BRRRRs before (before I knew it was a tactic) but now I'm getting ready to do my first intentional one. It needs numerous updates, mostly cosmetic but some substantial, including new countertops....
Connie Steele
Oklahoma - Forming and LLC or not
We are purchasing a 16 door (actually 8 duplexes) multi unit property in OK. Not sure if we should form an LLC for liability protection or just have it in our names? Any advice and help would be appreciated.
Arthur C.
Re-deed the title from my personal name to LLC
Does anyone know what cost is involved when one purchases a property in DC under personal name and then eventually re-deed the title to LLC. Will I have to pay another portion of record and transfer taxes? If so, at w...
Niall O'Malley
LLC will own the property - what kind of mortgage do I get?
I have a rental property that I paid cash to purchase and rehab and now have tenants in the property. I want to refinance out and get a 1st mortgage on the property. I also want to put the property in the name of an...
Sharad M.
How do you make your money on rental properties?
From what I understand there are four ways to make money from a rental property:
1) Cash flow - Pretty straightforward. Total money you receive as income is more than total expenses.
2) Appreciation - Increase in the...