I’m curious if anyone has tried using the medium-term rental strategy in college towns. I was brainstorming, and thought it might be a great alternate/exit strategy for rentals in those areas. I know typically rentals...
Business is growing - Do You Rent or Own a garage? - Do you store items in personal home or elsewhere?
Hi All,My wife and I now have 6 short term rentals spread out around our small town with another 3 on the way in the next few months. Some of these we own, some we manage for other people. We’re quickly realizing th...
Hello everyone. I thought I would throw out a quick tip. I am a buy and hold investor from Greensboro NC. I have a handful of SFR's. I typically buy foreclosures, fix them up and then rent them out. I like to put...
Hello BP. My first flip is currently in process. The contractor is okay, but I have a question. We allowed our contractor to use our store credit card to buy supplies to rehab our house. For the most part he has done ...
If you own a retail property, as a landlord you need to be very selective on who you lease the space to. Any space that has a high tenant turnover is normally considered jinxed and other retailers/tenants avoid the pr...
I am looking at an empty big box store in a shopping center to put climate controlled self storage in. Zoning allows it. It has a large enough sf that it should pencil out (napkin math says its at least worth doing nu...
Hey guys. Just curious about a few things.
I am gonna start sprucing my house I live in up a bit soon. I was curious, as to where you guys buy your materials? Bassically any certain places where you might be able t...
Hello,here's my situation: I live in a house and rent rooms on AirBnB. What can I deduct?1) I live in 1/2 of the house (sqft). However it is only 1 bedroom: I rent 3 bedrooms on AirBnB. My research told me to split co...
So far I have been less than efficient on my paint/supply purchases at Lowes/Home Depot.After reviewing my taxes I see that I spent more than 10K last year at both stores so whatever percent I can save will be substan...