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Hello all, Story: I am seeking some advise on a personal challenge I have just run into with getting approved for a loan for a primary residence. We own 2 investments properties and they are in our LLC that was formed...
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I am curious if there are any Astrology enthusiasts in this platform and if you ever utilized Astrological info/events to help make your decisions when it comes to Real Estate Investing. I personally find Astrology ve...
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I understand the critical role of efficient maintenance coordination in ensuring the satisfaction of both landlords and tenants. This guide is designed to equip property managers with the necessary tools and strategie...
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This would be my first deal and the numbers seem to work out, but I'd like a second opinion.The PropertyThe property is a 3-season, single-family house located in a lake community in northern New Jersey. It's a Fanni...
Hey guys,My dad and I were wondering what we should do when it comes to LLC's and Utility payments. Should we have a one LLC to one property ratio or would it be better to have multiple properties under a few LLC's? A...
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Looking for tips/strategies for automating Air Bnb rentals? In particular, the cleaning. I'm not looking to completely remove myself from managing, but I would like to streamline as much as possible. FYI, hopefully...
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Hello Forum,
These questions are directed to the landlords that charge an application fee. I think that this would be a good way to cover the fee's associated with the credit check and criminal background check. Being...
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Passive Activity Loss Rules
If you are a real estate investor that doesn’t qualify for REPS status (discussed in #5 below), understanding the Passive Activity Loss rules is crucial. Passive activity losses are those ...
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I'm a new house hacker here. What paperwork should I keep a paper trail of to make things like taxes and other situations better/easier for myself? Like should I have a folder on my laptop for the tenant and keep a co...
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Hello! Finally got our cabin up and listed and have had a handful of bookings so far (thanks to the 20% off to first guests and being on the front page for that). Anyway, some guy booked Monday through Friday with a c...