So I was just thinking about this tonight and will call my CPA tomorrow, but figured Id ask here for now. I have a rental condo currently thats worth $650-675k, I bought in foreclosure for $507k, 18 months ago. Anyway...
Got this note from VRBO today:Dear Partner, We are writing to inform you that effective July 1, 2024, California Assembly Bill 537 will prohibit advertising, displaying or offering a rate that does not include all fe...
How do you evaluate a hard money or private money lender?
I am working on getting my realtor license. Hoping to finish up the courses by end of month. What should I be looking for in a brokerage? What questions should I be asking? I would like to preferably work in Conroe o...
I own a rental property through a single member LLC (say LLC-A) and I am in process of purchasing another property under the same LLC-A. Currently, I am self managing all the operations. LLC-A is a disregarded entity ...
I have spoken with various people who impose different levels of late fee, some on sliding scale, others lumpsum fee of 5% or 4%. Some charge late fee on the 4th of the month, others charge on 6th or 10th. This i...
We are at a point with our property management business that we need to bring on a leasing agent to help show units, dialogue with prospective tenants, as well as be generally familiar at providing business support at...
For those with LLCs, did you register it in the STR state or home state?
Hello all. I recently started getting involved in "wholesaling" commercial properties. I have experience with residential properties, but when it comes to finding buyers for multi-million dollar commercial properties ...
Hi all, I'm looking into buying a first investment rental property with 2 partners and we're trying to figure out a) what legal entity (if any) to create and b) how to handle financing. 2 partners are in California; 1...