Do I need an LLC before I purchase the property or only once I am ready to start renting on VRBO/Airbnb?

Hello,I recently acquired a 6 unit property with existing tenants and under market rents. One tenant already asked if he can break his lease and move early (woohoo!). Most of the others are on month to month leases. W...

Investment Info:

Single-family residence private money loan investment.

Purchase price: $40,000

Cash invested: $15,000

Sale price: $159,000

We partnered with an experienced real estate investor (...

Earlier this year I tried to purchase umbrella insurance. I was told by State Farm and Progressive that since I had 2 previous claims (both in 2021) I would have to wait until 2023 to get approved. So now that 2023 is...

I recently bought a cash-flowing duplex and SFH home. I am house-hacking the SFH and the split will be somewhere around 28% personal and 62% business. Some of the money I used was my own, but I also borrowed multiple ...

I'm planning to keep working my W2 for the foreseeable future. I enjoy it and the earnings potential is quite good. There is quite a bit of opportunity to pick up extra work for overtime pay.Currently, I am house hack...

What do you all think of adding a fire pit to an Airbnb? -- Surprisingly I have not found many posts on this topic. 
I am about to do the landscaping on my renovation and am debating whether or not to level out an ar...

Hope everyone is looking forward to the long independence day weekend! While discussing my options on another thread, i was introduced to the idea of some non-traditional lending which i had no idea about earlier. To ...

When most of us think of having the IRS audit us, we get anxious. Audits can be very expensive, invasive and ultimately time consuming. Some audits are inevitable. However, there are multiple preventative measures tha...

I am in the process of purchasing a single family rental and was considering painting the interior myself.  looking for recommendations on what type of paint I should use, semi-gloss vs flat ect.  Any and all tips and...