would it be legal to require applicants make at least 4X the rent monthly to be considered?ie rent is 1000 so must document that income is at least 4000 every month?also how could it be made legal, if possible somehow...
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I'm interested in interviewing a property manager or management company. Seeking various questions to make sure I cover all basis before I turn my properties over to them.
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I am looking to see what people are using for processes on screening tenants. Meaning what forms/communication do you use and when to screen a potential tenant and the paperwork to get to rented. I'm sure the process ...
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I have 8 doors that are investments. I have children and a fulltime job. I would like to find tax strategies to reduce my taxable income. All houses right now are mortgaged through my name/social, but deeded over to r...
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We are considering buying our first multifamily property in Ohio and plan to hold it within an LLC. We're trying to decide between forming the LLC in Ohio or Wyoming.
We've heard Wyoming offers stronger anonymity wit...
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From my 12 listings last year I had 37% of our reservations come from Airbnb. With high fees and the grip Airbnb has around your neck my goal for 2024 is to get it down below 25%. At the same time, I want to take dire...
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Hola - rookie investor here. I own a condo in Miami that is under a Florida LLC (I used to live in FL). I am looking to buy a property in Tennessee or Arkansas. Is it better to open an LLC in the state where the prope...
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With everyone and their mother buying up STRs, what is the proper way to assess the asset without overpaying for it. Numbers from 2021 and 2022 net income will be more difficult to get going forward with increased su...
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I have 3 rental properties all in individual LLCs. My intention is to continue to add to the number of total properties over time. Which LLC/bank account structure is best practice?A) All LLCs have their own bank acco...