Good evening everyone, Just wanted to see if any fellow Orlando investors would like to meet up sometime? I have attended a CFRI meeting and plan on attending the general meeting on January 7th but I would like to see...
I’m buying a cabin in a semi private lake community to use as a vacation home. I’d love to offset some of my costs by using as a rental. The community by laws state no rentals for less than a six month lease though. ...
I've put in 18 offers so far on SFR's/multi's and have been rejected on each and every one due to a number of reasons - when there has been a good deal on the MLS, especially, other buyers are offering cash while I ha...
Hello, Is the return worth the work? We've been told we could get a good return on adding it for resale, but I have concerns because I want to be smart about this small closet addition. Should we consult a designer, a...
Getting ready to move into the dreamhouse on a small lake in a few weeks.Decided to convert the basement (seperate entrance already) into a 1 bedroom apartment. It will probably be a airbnb/VRBO type rental.The area f...
Hello everyone! I know the criteria to be a RE Professional is 750 hours in RE and more hours in RE than any other job. My accountant told me that I need to spend 750 hours PER PROPERTY which does not make sense. H...
Sorry for the Tarzan title, but I think it covers the bases. So I’m a W2 wage earner in the 33% tax bracket and my wife, who has no income, logged 750 hours on our rental house last year to qualify as a real estate pr...
Hello everyone,
I have a couple of multi units in Mansfield Ohio (6 unit and 8 unit). They are both lower income type properties ($300 to $325 per unit). How do you collect payment from these lower income ren...
Hi All, I am planning to setup an LLC in NC. My goal is mainly to buy rental properties and do rehabs. Any tips/advise for someone setting up a business for the first time? Also, I am debating if I should use LegalZoo...