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Vacation rental wisdom wanted! I'm considering purchasing a cabin on a popular chain of lakes in the Baxter/Brainerd/Crosslake area of Minnesota and holding it as a short term vacation rental. If anyone has experience...
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Hello,
Just finished my taxes for 2008. I noticed that my % of cost from repairs compared to gross rents was 4.7%. I currently budget 10% of gross rents for repairs. IE if rents are $800 a month, I set aside $80 f...
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What's the best way to set up an LLC for Rental Properties I've been hearing have 1 LLC owned by another one in Nevada or Las Vegas
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Hi everyone, I'm Dan Driscoll. I am a masonry and chimney contractor from Rockland, MA. DDMCS.COM Originally from Braintree. Happy to offer any knowledge you may need about masonry or chimney projects you may be tack...
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I try to make sure my leases end during peak seasons to guarantee a good pool of candidates in case my current tenant doesn't renew, or I decide not to renew their lease. I now have a good number of leases ending the ...
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How is it possible for someone with not huge earnings, to reach the 10 loans mortgages when we take into consideration the debt to income ratio requirements?
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Hey BP,What resources/sites do people use to analyze and track price trends for certain cities or zip codes? How accurate are these sources? I know that on several sites and listings you can see it by each property;...
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In a recent deal in Cedar Rapids I acquired a large vacant lot along with the parcel the house sets on. The lot has frontage and 2 separate streets and was able to confirm with the zoning department that I could spli...
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Hi Team,Background: I had my first rental property(in Texas) rented back in 2013 with a single lady. For last 2 years I noticed her boyfriend(BF) in rental house, every time I visit for repair or maintenance. I suspec...
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Hello everyone,
I am looking for help from experts in Victorian old late 1800s property investors. I know there are a lot you out there in Massachusetts, Philadelphia, and other northeastern states. My question is re...