Hello everyone,I am new in the area of the short term rental, I bought a house and renovated it and decided to make it a short term rental.The problem is that I’m not living in the area and I am out of the country inv...
Im on the edge of pulling the trigger on my first property. I have been doing my homework. I know that my strategy is to buy and hold. I am currently studying for my RE license, as I am setting myself up to be able to...
I’m looking at a 31 unit with double the open land to expand. The deal seems too good to be true so I’m wondering what I should do differently for a mobile home park in terms of due diligence? Do I calculate my number...
Happy New Year, everyone!I am under contract for a multi-property turnkey deal that covers a rust-belt area of central PA. I am comparing insurance rates for the portfolio and was offered widely varying quotes. What...
I have been flipping and investing for 6.5 years as a side hustle. Been able to do well flipping 2-3 homes a year in the Boise market, but flipping right now and the returns I'm projecting have me worried. In the curr...
Hi guys,those who live in Florida or have rentals in Florida.When you do you taxes, do you file with the Florida Revenue Department?For example, I lived in the past in Arizona, so when I do my taxes I print 2 copies, ...
I have been eyeing a triplex in my neighborhood for some time now. This is not being foreclosed but it seems they are letting some things go that should be fixed. First thing I need to know what are my financing optio...
Hello everyone, this is a question for those in Texas and used a HELOCK to acquire the property. How did you capture the use of your HELOC in the TREC form, is this considered "Cash" or "Third Party Financing". If i...
Growing our RE business in the US certainly has its growing pains. In structuring our entities, (we function in Florida, Georgia and soon in Texas), we have been informed that, "...your company is a dealer in real es...
I'm under contract to close on my first short term rental (vacation home..AirBnB)... I understand the LLC would be helpful if ever I sold the place so there is no need to re-permit. Any tax implications? Any other con...