Hello Everyone,
I own a short-term rental (STR) in East Downtown Houston and currently live in Austin, TX. I started operating the property in mid-2023. Initially, the business was cash-flow positive for the first th...
Purchased a property in my name with a 30 yr fixed mortgage (big corporate bank). Have sense formed an LLC. Planning to transfer into the LLC. Would love to know if anyone has done this and the bank called to load due...
In the process of reading "Twitter Power 2.0" and one of the interesting things I read about is your profile picture should be a picture of you, not of your pet, or a landscape scene. This got my attention because it ...
I'm still new on this forum and, by no means, a pro real estate investor, but I'm looking at a deal and want some input.Located in a town near me in a good location. It was built in 1970. Says it normally stays fully ...
What do you guys think about solar panels? I'm considering them for a primary residence that we just bought for ourselves.
Salient points:
- One of the more expensive homes in the neighborhood at a litt...
When I started with my first rental, the person who counseled me suggested asking less than market rent to find the best tenants possible, even seeking a few competing applications. Does anybody think this is a good i...
This post was prompted by a discussion of a specific STR-related tax strategy on another thread. But the concepts apply across a wide range of topics, so I'm posting my TED talk separately.
1. The annual nature of ta...
Hi friends from the forum. I recently purchased my first rental house in Woodstock, GA. Small 3 bed 2 bath. Currently under renovation. My questions is when I purchased the house I used my own name. I heard using my o...
My wife and I purchased a home in Scottsdale, AZ in 2018 - $325k loan, 4.875 rate. We moved out of state in 2021 and have been renting ever since (long term, current tenant 3yrs @ $2,850). We had maybe $200k in equity...
We have a few single family homes in Kansas City, in a nicer, brand new neighborhood (built 2022). When we initially bought the homes we were able to lease for $2800-$3200/ month. However we have struggled to rent the...