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Hi all,I would like to start a mastermind in the Bronx or Lower Westchester Counties of New York. I would like to see how many people here would be interested so that I can work on setting it up.
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What are the best ways to house-hack in 2023 where generating positive cash flow is still possible? When I run calculations I'm finding that cash flow and sometimes even breaking even is hard in T1/T2 cities and their...
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I read a business plan for multi-family properties and I had a question on use of LLCs. It recommends you have one LLC for the PM and then a separate LLC for each property.
If so, I'm wondering to you handle that...
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I'm looking into buying a portfolio of duplexes and when I asked what the PM fee was, the owner told me that the PM keeps the security deposits as her compensation instead of charging him a monthly fee. He also said s...
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After about 4 months of looking at different properties, I've finally closed on my first rental! Only bad thing, in my opinion, is that its a condo. Condo fees are currently $205/month (it will go back to $125 after t...
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I met a pair of friends this week who had an interesting arrangement that worked for them, and I'm curious if anyone else has contemplated this or come across it. Friend A was older, wealthier, and wanted a vacation h...
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Hello all,Here's a question to you small multi family landlords that have properties with a shared yard. Specifically, what is your policy on its use as well as the use of tenants' items therein?Some context...I have...
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Hey All,
I've had different agents give me different answers. Some agents say that working with multiple agents is dishonest, and wastes time of the agents you don't work with. Other agents have said that investors w...
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Hi everyone! I have a question about what to do with the electric and water when showing the rental, do you leave them on and keep paying for them or shut them off? I have personally been shown rentals that do both bu...
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I’m hoping to purchase a few properties with a friend/business partner but after meeting with a lawyer am even more confused. Any advice on what setup is easiest and most tax advantaged?I’m a high income W2 earner get...