Hi,

I read a post here that states every lease should have an early termination clause with a fee. What do you suggest as the terms and the fee?
Thanks very much in advance.

Mike

I talked to a CPA firm and they told me that if I have a S elected LLC to manage the Airbnb (even hiring another property manager through the LLC), the income of the rentals of Airbnb can be considered as income throu...

partnershipTwo partners: one equity, one does everything else. Net of expenses, it's 50:50 split of profits or equity gained from the fixup. Equity determined at time of finish product, either at sale or at time we st...

Currently, we have a commercial policy with State Farm but when our lawyer reviewed it, she recommended we increase our medical liability coverage. Both Air Cover & VRBO provide medical liability up to $1M (and we...

Good day everyone. Newbie here and asking for some light.My spouse and I are travel nurses from FL. We are almost finished rehabbing a LTR we closed last March 2022 and are planning our next purchase.We are thinking o...

Hi guys, I currently own a few properties in KS, TX, GA and would like to explore new insurance options. Currently I am with NREIG, while the rates are cheap in absolute terms, their deductibles are very high. I welco...

Hello BP,
I am working with my lawyer on finding the best state and type of LLC for an investment group that focusing on properties in Ohio. 
In the group there is one partner based in Virginia along with myself an...

Hi everyone,I have a 4plex rental that sustained fire damage in 2020 and we received insurance proceeds to fix the damage (as the damage was 'medium' in that the rehab was pretty expensive, but did not destroy the pro...

All,My husband and I own 28 rent units in another state. I co-manager these with my father-in-law. He is local and does showings and maintenance, and sends apps to me for processing. I do the advertising, and have to ...

I'm looking into qualifying as a real estate professional, as I currently don't have a w2 job. I would like to purchase a property, manage it and use losses to offset my spouse's high w2 income. I have the basic conce...