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I'm new to REI and could use some advice. I live in Colorado and recently purchased a condo(Denver) and townhome(Lakewood) Using a property management company is the right choice for me at the moment. The properties w...
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Hi all,I am underwriting a potential STR property and I have some basic questions. I'm looking to add some features to the backyard to make the property more attractive as vacation rental. 1. fire pit2. outdoor sauna3...
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How do I create a Land Trust in the state of California. I believe there is no registration for it and I will need to assign a Trustee and place my SCorp as the beneficiary? Is there a standard document for this? Or c...
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Hi everyone! I need some advice! Recently I bought a townhouse- I am living in it for a year and then going to rent it out. This townhouse is in a HOA which I understand could get tricky. But when I looked at the HOA...
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A friend of mine, aka my current real estate agent, is in need of assistance. I've spent hours trying to figure out a way to get creative and help her turn her failed project, which she just got served papers on yeste...
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I'm considering using turbo tenant for my application and billing process. I was reviewing their application when I was this question.Do you have any special requests or needs we should be aware of?For me this raises ...
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One objection you will face when raising capital, especially from accredited investors who have had success doing their own deals is “Why would I passively invest as a Limited partner (LP) when I could just use the ca...
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Hi,I built a basement kitchen to add a unit in the basement, I didn’t get permits, just built it with local contractors and my own skills. Is it covered under my home insurance? do I need to call my insurance company ...
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Hi guys,Happy and Healthy 2021 to you all!!I’m a full time employee in an insurance company and I’m planing to start investing in real state this year. I also live in Miami where the properties are simply too expensiv...
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Hi, I'm new to the forum and here's my first question.I just acquired a rental property and paid cash. I'm looking to refinance it once I deed it in my LLC name. I'm contacting lenders to have a DSCR loan and they see...