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When it comes to real estate investing, many investors recognize that timing is key. Seasonality driven by factors like weather, school schedules, and buyer habits affects housing demand and pricing, often making cert...
Hi, I have short term rental properties renting by the week. I take a 50% refundable deposit at reservation time, then the balance 30 days before arrival. I take deposits up to a year before arrival. For tax purpo...
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From reading on here and listening to the podcasts, it seems this isn't too uncommon in the rust belt. However, I'm looking to do this in Texas for about $65,000. It would cash flow around 17% based on projected ren...
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Hi all,I had a bookkeeping question for you buy-and-hold folks out there. This is probably a very basic question for the pros, but I'm am just about to wrap up my first official year as a formal landlord, and wanted ...
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Hi everyone,I have one STR up and running and it’s going better than expected. I want to purchase my next one (and soon after my third and more)I can afford the next one but after that my debt to income will be maxed ...
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Does anyone know whats going on with the detroit real estate market? I'm wondering if it is picking back up meaning would this be a good time to invest doing fix and flips there.
Last I remember most hard money inve...
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Are there any specific rules for saving/Accounting for Capital expenditures? I want to get a better understanding of how much should be put aside each month for Cap Ex. Also if it is possible is there an example that ...
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I have about 45 rental property. I have great insurance with a balloon policy. I need to set up a LLC but I am not for sure if I need to set it up in Illinois where all of my property is located or in another state....
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Navigating the Surge in Rental Application Fraud: A Guide for Landlords and Property Managers
In recent years, the rental market has experienced a troubling rise in application fraud. This phenomenon not only poses s...
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Hey guys,
I'm currently working on a variance in Manchester, NH to turn a commercial property into mixed use to add to apartment units. I'm curious if anyone on here has any experience doing this? Just need some ...