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We are closing on our first STR this week! YAY!
It's a completely turn key property, the sellers are transferring their profiles over on all of the booking sites, all of their contacts etc... It feels so easy and lik...
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Good morning Community,I just rented my first property out that I own by myself. I want to partner with someone that lives out of state so I can grow a bit faster. My question is, when do I set up an LLC? Assuming ...
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As I grow more educated in the area of personal finance and investing, I am realizing that the $$ sitting in my 401k could be doing much more for me. I am 36, $140K fully vested in my company 401k. I do have other s...
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I am in the process of transferring my 401K funds to a SDIRA. I understand I can transfer my funds to a SDIRA. Do you know someone locally who I can get in touch? I am looking to use the cash to purchase my first pro...
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Many of you probably know about (or worse have lost money with) the erentpayment.com SNAFU; I was lucky that I had payments processed right before this all happened. (Link for those that are interested: BP erentpaymen...
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I am moving out of a home that was my primary residence, and it is becoming a rental. the mortgage is currently in my name. This will be my first rental. Should I set up a land trust then put the beneficiary as an LL...
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As a first time rental property investor with long distance, I made many mistakes.Recently, I realized my management company over charged me a lot even though with minor issues and suggested some installation which is...
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Hi I'm going to be doing a 1031 exchange soonI wanted to ask and make sureIf I did about $30,000 in improvements being depreciated over 7-10 years on my old downleg propertyWould this be forwarded to the Depreciation ...
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Hey!My husband and I would love to use some retirement money to invest in real estate. We have looked into buying directly from the retirement fund (employer refuses to roll it into a self directed IRA) as well as vol...
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A buyer recently paid off her contract for deed which was held by me. She cannot/has not recorded the deed due to the fact that property taxes are owed by her and in Genesee County, property cannot be conveyed if pr...