Okay okay the title might be a bit misleading. I'm currently a real estate investor in the midwest, more specifically Metro Detroit. I've read a few of the biggerpockets books and spent a lot of time watching the podc...
I have found several commercial property websites. Many of the properties have no list price. They are relying on me to make the first offer. How do I determine how much I can offer?I can assume that I should estimate...
When your property is relatively inexpensive, say $200k, and you want cost segregation applied to it - is it worth it to hire a cost segregation firm and pay their fee? Before we explore this question, an important re...
So my wife and I just landed a nightly rental approved condo in a resort area. We’re trying to figure out what to expect cost-wise for furnishings and interior design. I was wondering if anybody has any resources in t...
Debating the pros and cons for hiring a property manager for a first investment.What are your thoughts ?
I am an out of state mid-term rental landlord. Sometimes a potential tenant will ask to enter the home to view it before finalizing the rental contract. For those who want to know what the home looks like I have incl...
I am curious if people charge deep cleaning fees when a tenant moves out. I had the property deep cleaned when they moved in and the property is very dirty from the inside now.
We purchased a property in Chicago at auction that is one of the standard Chicago greystone multi unit structures. However, this was illegally converted to a single family residence I believe sometime back in the 90s ...
Hi guys, I am closing a property in February and this house has a huge backyard.I see that Sam's club has $1k playground so I am very tempted to try this one for my Airbnb. (Probably 1.5k~ with mulch)There is a huge d...
My wife & I own an Air B&B, and run it as an LLC in a non-communal property state. I just want to make sure we are doing this right. My understanding is we need to file a 1065 to generate K-1s. If we plan on f...