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Ch. 1 Why I Love Rental Properties
Ability to use the leverage
Ability to hustle for greater returns
Ability to manage my investment directly
People always need a place to live
Its worked ...
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I am a private landlord with two properties. My questions is for private landlords:How many properties do you own that you manage yourself?
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I've heard this statement many times on BP, "Most people just don't like being landlords."My questions to you all are; How would you go about finding a prospective buyer who does like the idea of being a landlord? Wha...
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Hey Everyone,Settlement is next week for my first flip. I have some questions about how our profit/ payment structure is setup, here are the details:--- 4 Owners in an LLC taxed as an S Corp--- Myself and 2 other peop...
So I have a question that I've doggedly tried to find the answer to. I've heard from the REI community that it's best to put each investment property under their own LLC for personal asset protection. However I'v...
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Hey guys,
I am looking at purchasing a vacation rental in Hawaii (very early). I am out of state and plan on using a management company.
I am only interested in going forward if I am cash positive.
When I start...
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A tenant has suggested we use the services ZELLE or Venmo to collect rents. Currently we use snail mail to our P.O. box to collect rent checks. Is anyone familiar with these services, and can you tell me how they wo...
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Across the forum, we talk about ensuring that you maintain your reserves... but how do you actually manage them on you own the properties? This question is for the properties you plan on holding. If you are flipping, ...
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Good idea? Where would you handle most expenses? Divide them out or under one specific Llc example.. Gas to drive to the property and lawn equipment to maintain the property along with other home office expenses.
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This is a question I have always had.......A property management PM takes upwards 10% of gross for receiving the rents. Bills every time for a repair and some add a rider on top of the repair. Bills a substantial amou...