Hi! My former boss (retired) has inspired me to get into real estate. I've made some foundational moves (heloc, llc, etc.) But podcasts, books, seminars, I feel so lost still. I'm definitely out of my comfort zone ...
Does anyone manage out-of-state properties without hiring a property management company?All of these issues seem fairly straightforward to do remotely:- Listing property online- Collecting rent- Scheduling contractor/...
We are completing a 1031 exchange. First property in CA, 2nd in Houston, TX. Some friends say they have completed 1031 exchanges on their own and all you need is 'keep a paper trail of transactions'.However, given t...
Hello everyone,My partner and I are under contract on our first property and the units have current tenants that are not under any sort of lease, but are paying monthly(Well below market rate). My main question is, wh...
Curious as I want to deed my property to my LLC, can I do this myself? Deeds.com has a checklist for each state -> county -> city. It seems straightforward. I am aware of the due on sale clause also the recent ...
Hi all...I know someone who has purchased a few np-notes and he "self-service" them instead of hiring an actual servicing company. I have recommended him to use a servicing company but he says that it is NOT a law req...
We are looking at a SFH, a FSBO with owner financing. Seller is our friend, has already moved out, and just wants it done and gone without usual prep for sale, etc. So its "as-is" and seems priced accordingly.We are i...
What does Women’s History Month mean to you?This is a month to stop and reflect on all the contributions both small and large that have changed women’s lives for the better. This is the time to celebrate women’s accom...
I have the following situation. I have two properties, each in their own LLC. If I have an expense that's only related to one property, say a utility bill, than I can expense it under that LLC. However, sometimes I ha...
I know tile is to be installed over cement board. The plan was to install 1/4" durock over the 5/8 plywood subfloor. My laminate floor installer took initiative and installed a marble threshold (he was installing lam...