I live in DC and want to rent out the house that I am living in today. It is my understanding that I cannot transfer the deed into a LLC without paying a huge transfer fee. Is there anything I can do to protect myself...
Hey guys,My wife and I are getting our single family home ready to be a short term rental. We are in Connecticut and we have contacted Itrip about running the STR. We will be living in the area, so managing it ourselv...
Can the BRRR strategy be applied to new construction? It seems like you would add value by building similar to how you add value by rehabbing. If so how could I use the bigger pockets BRRR calculator for our situation...
Doesn't have to be real estate related! I just want to hear what life's big lessons have taught you, and how I can learn from it. Some of my background:I live in Las Vegas, NVI have a girlfriendI read a lot and I try ...
I'm looking to get my first STR. The goal starting off is a place that my family enjoys visiting and renting the rest of the time. I recognize that when my family visits I'm hurting my profitability, but that would ...
I have a closed 18 unit hotel in my community and am interested in analyzing the feasibility of converting it into one bed room apts. Has anyone been involved in a conversion or know someone that has? General cost per...
I'm looking for a good online service where I can have tenants submit mainance requests, also have a way to pre qualify them so I don't have to talk to a bunch of people and ask the same questions to 50 people is ther...
If you woke up tomorrow, and you were 22 again, but had to start all over with only $40k in your pocket, netting 30k/yr managing commercial real estate, without a degree, a spouse or children, what would you do? (By t...
Hi BPers,Since the standard deduction is so high now at 24k for married couples, its looking like it makes more sense to do that than itemize. If I could deduct the full 25k in passive losses, that would be a differen...
What renovations are your best bet for raising your property to market rate rents?I had an "Aha!" Moment while analyzing Minneapolis multifamilies with below market rents today: "the right renovations will pay for the...