We have a small 750sq ft single family home that we have completely renovated. Started getting quotes for paint and I was shocked!!!! This does include interior and exterior with trim. But still, $8000!!!!! How do y’a...
HI all, I had a question about bank accounts and what is the best way to manage this. I have chosen to go the LLC route for each property and was told the safe bet is to open a separate bank account per property to ma...
Hey Everyone,I currently live in Colorado and am looking to purchase real estate to eventually turn into a rental. What are your thoughts on good markets to be targeting (towns, cities, states, etc.). If you were look...
I want to get some feedback on an investment strategy I used in 2003-2005 that I call the "pre-construction flip". It works like this:Identify high appreciating markets (greater than 12% annual)Identify home builders...
I had this thought as I am house hacking (Syracuse NY) and want to make my unit nice with some upgrades. I am curious on people's thoughts on this topic.Should you or should you not make your apartment that much diffe...
Just heard about a product called pex. Just wondering if anyone has used this product. From what I have found is that it is cheaper than copper and more expensive than plastic. Let me know the good and bad of this pro...
Hi everyone,This is my first post. I hope I am posting in the right place. I am a newbie to rental property ownership. I am fortunate enough to have a relative give me a substancial lump sum as a gift. She wants her h...
There are so many discussions on here about the most appropriate asset protection strategies for various situations. Umbrella policies, LLCs, holding LLCs, land trusts, etc. People debate whether someone else can si...
I guess We are on the verge of a pandemic. stocks have already lost a considerable amount of value due to this virus. Thankfully I was able to sale majority of my positions a couple days ago to prevent any further l...