Kevin Lefeuvre
Creating a LLC just for renting and managing my own property.
I have decided so far not to create a LLC for each property, instead using a good insurance. Also because getting loans is complicated in LLC and there are fees for each LLC (just $800 per year franchise tax in Califo...
Jeb Brilliant
Hi, I'm new here and searching out my first property. I live in Long Beach Ca and am looking in Texas
Hi all, I really like the forum, podcast and blog. I've been trying to learn as much as I can all over the web but this place seems to be the best and biggest. I'm looking to buy my first home as a rental property and...
Angie Shires
Is your AirBNB vacation home paying for itself?
We would like to purchase a 2nd home, Caribbean, Florida, Gulf Shores, North Carolina...you get the drift. What we are hoping is that renting this on Airbnb, Vrbo, etc will pay for the mortgage. Now we know that it's ...
Patrick L.
Bought my first Tax Deed property today
Inventory has been pretty scarce the last few months for the type of properties I usually buy as rentals so I figured I'd take a shot at the tax deed auction. There were 3 I was going for and I was able to land one o...
Eric DeVito
New Yorker looking to invest OUT-OF-STATE!
Hello all! I reside in Staten island, NY. I am priced out in NYC. Just bought a SFH in Staten Island last year via VA Loan. I currently reside in this home. I was wondering which of these locations would be best to i...
Kevin N.
Evicting Squatters
Just got a REO property, the bank never evicted the original owner when the house got foreclosed. Cash for keys did not work. The only way to evict him legally now is go through the court systems but that could take ...
Lily Ardila
Vacation Rentals 1,000 miles away from primary residence?
Hi All!Currently looking to purchase our first vacation rental/second home with 10% down. We live in the metropolitan Washington DC area and as you can imagine, its pretty expensive to really pay 10% on anything here ...
Varinder Kumar
Umbrella insurance or LLC for rental
I'm trying to be extra cautious incase something happens at my rental in which I would need more coverage. My friend put his rental in a LLC and he states it will cover him if there is a lawsuit etc. My realtor was r...
Arsh M.
Does anyone have an Airdna account I could use?
Hi,I wanted to look at the numbers for properties in some markets that I was considering to do my first Airbnb arbitrage in. if anyone has an account that they’d be cool with sharing for a week or two I’d really appre...
Mica Moore
When should I replace original roof?
SFH that is 20 years old with original roof ( asphalt shingles; located in South TX).There is nothing wrong with the roof ( that I know of) but should I replace it anyway due to age, or wait as long as I can?It will ...