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“This is how we’ve always done it.” Sound familiar? I’m sure you’ve heard this before, in fact I’d venture to say it is a universal statement that spans across every professional field. That statement is the business ...
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Hello, I have a rental in New Haven, CT (3 Beds/1bad). It's currently renting for $2095 and the tenants are going to complete their first year in the property and intend to do a lease renewal. According to my property...
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I am 3 month into my first flip. I encounter many issues.
Now, another issue. one of my independent contractor claimed that his workers get robbed at the property during rehab, and asked me paying back their lost whi...
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Are longer leases a good option to consider? If I was considering a 2 or 3 year lease. And maybe offer no increase during that period or maybe a small increase below market rates. Is that a thing? Any disadvantages in...
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I was once told an interesting "trick" by a seasoned RE Investor. He said if you could find an investment property (say a SFH rental property) that was owned by an LLC, that you could save lots of money on the purchas...
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I'm sure everyone has some knowledge to bring to the table but might not know everything about saving money on your taxes so this thread is here to help make a collective list of ways to save money on your tax returns...
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Hi BP members!
Im new to the community and to REI. Im excited to get started and so grateful for your existence!
Background:
Im a urologist from Canada. Met my husband in 2015 in SoCal and he moved back to Canada ...
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I have followed Michael Quarles' posts on other websites and I like a lot of what I read. I am not a huge proponent of mentors but at the same time, my free time/study time is very limited with my job and he offers a...
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Hi, I would like to understand the pros and cons in using a property manager (live person whom I can be in touch directly) vs using all-in-one property management softwares such as rentredi, hemlane, caretaker, etc. (...
I am just curious, what do you guys budget for a gut rehab on like a 1500 SqFt Single Family? I know it ranges, but I am interested in what the different costs are out there. When I mean gut, I mean, putting in new pi...