Conner Olsen
Investors are going to Airbnb for cash flow in Austin
Medium-term rentals are a great way to increase revenue in Austin. By furnishing your property and listing it on Airbnb for 30+ days you can double your rent. Supply of medium-term rentals listed on Airbnb has increas...
Account Closed
Replace Front Door or Not?? Help me with a rational decision!
I have a single family house in a class C neighborhood. My tenant texted me that she was thinking about it and she would really appreciate it if we could replace the front door on the house. She said that because the ...
Nick B.
How to convert traditional IRA to Roth and pay very little taxes
I have recently heard of an interesting tax-saving strategy of how to convert traditional IRA to Roth while paying very little in taxes. I would like to share it and get some feedback.
In this example I'll use a trad...
Kristine Eickman
What is the best way to pay yourself as a STR investor.
Say you have a profit of $30K a year and you have invested into your home as much as you would like to, for now. So you don't want to just put the money back into the house.What is the best way to pay yourself that 30...
Jalen De Leon
LLC and how to use it in real estate
I've heard many people getting an LLC and using it towards their rental properties. I just had a few questions to clear up and ask like:1.) What is an LLC and how can you use it towards your properties?2.) What is the...
Diana B.
In a Mess!
I have purchased 70 units (8 buildings total) over two years from a property manager. He also manages them from me.A few problems. The main problem is that he doesn't pay rents on time - in the past the rents have bee...
James O Trust
Cozy is going away.... any recommendations for a replacement?
I'm presently using Cozy for screening and payments, Stessa for account tracking. Does anyone offer an all in one solution?Thanks in advance
Aaron K.
Pay off rental mortgage early, or keep making payments?
Hi guys, I'm admittedly a bit math-challenged, so I'm having a difficult time running numbers on which option will serve me better in 10 years, 15 years, and 20 years. I tried making spreadsheets but I'm more confus...
Erhan Sen
Keep Being Denied as Out of State Investor
Hi,I am trying to find financing for multifamily properties I am interested. However, local banks, in the same state/city with properties, keep saying that they can't work with me because I am not local - out of state...
Chuck Dangar
How Do You Pay Yourself Owning Rental Properties?
Still working on getting my first deal and I know I've read and heard that you should always pay yourself first when taking your monthly income from tenants but how do you do it without getting nervous? I know how to...