Hey everyone, I’m so thankful that so many are willing to help new people like me. So I am looking to start buying properties. I have done my research and feel pretty good on my basic knowledge. However I haven’t impl...
Should I contact the insurance company? I just received a call from my PM. The tenants reported a roof leak and it’s still raining. The PM recommends I call the insurance company tonight if possible. ...
Hi, STR fellowsSo, I have a quick question: Sometimes, when guests request money or hosts need to send money to guests, we were given the option to pay guests via Credit Card, PayPal, etc.. Why do we need to use a cre...
A family member and I have an agreement that he will manage a property that I recently purchased and when we are ready to sell, he will receive a percentage of the proceeds. He would like for us to establish a partne...
Hello,I've recently come across an opportunity to get into a group here in my local market. The luck i've had with getting serious investors behind me to fund my own deals has so far been slim to none and I figured it...
What percentage rate of insurance deductible do most of you use. I am currently using 1% deductible and considering using 2% or 3% percent instead.
Hello! We have some friends and family that are looking to invest in our STR real estate business. They would strictly be investors and we will maintain all the work (i.e. finding and purchasing the property, then man...
Company is getting purchased and all stock is getting cashed out. Payout will be over 100k and taxes will about 33% I believe based off married income. Are there any real estate strategies to help reduce the percent...
I am looking at a sub2 deal with the following details:1) Motivated seller that understands sub2 deals2) 1st mortgage with rate of 2.75% 30 year ARM (loan is current)3) 2nd mortgage (originally a HELOC) has been in de...
Hello there, friends - I'm interested in getting licensed as a Mortgage Loan Officer, but I'd love to run a few questions by someone (or multiple folks) who already have boots on the ground in the industry to get some...