I am interested in transferring my 401(k) from my previous company into a Self-Directed 401(k) - NOT a Self-Directed IRA - for the purpose of investing in cash flowing rental properties. However, I don not have a busi...
Hey BP, curious who has experience hiring a short term property management company for their Airbnb? Was it worth the management fee? What were the cons if any?
I see a lot of talk about the importance of hiring a property manager (PM) rather than self managing. For 20 years I have managed my own properties so I wanted to offer some thoughts on the advantages of self managing...
I'm reading a book right now that suggests it might make sense to lower your property insurance as you pay off more of your loan. So if you take out a $200K policy to cover your $200K house, but then pay down $100K of...
Looking for any insight on self-managing our STR. Right now we are debating between self managing or hiring a PM for this. Self-managing would put about $1500 per month back into our pockets. 4 bedroom 2 bath home in ...
I just bought two very cheap houses in one deal for $26,000. They are decent sized for the price, but they're not worth much more than the purchase price. Maybe $20,000 each.When it comes to insurance, I talked to m...
I am wondering how many units did any of you have before you got a property manager? Do you feel that it was money well spent? Has it allowed you to grow as an investor? Any thoughts are appreciated!
Hi!My wife and I plan on purchasing our first Out-of-State Property (about a 2 hour drive away) that is going to be a SFH in a small rural area. We have our agent, contractor, and lendor but we are now trying to decid...
I am wondering if it is possible to set up a legal self insurance company for rental property insurance? I am not talking about just dropping coverage and taking the risk, and I am not talking about dropping insurance...
I applied for a Cash Out Refinance with the bank that holds my mortgage.
In an effort to actually enjoy my life and spend time with my 1 year old son as he grows up, I left my job at a Fortune 100 company to own a bu...