Personally I have never been afraid to go outside during a thunderstorm, but you can correctly argue that people have been struck and killed by lighting.

hi all, any adivce for a young first time landlord?

Since we want to be conservative with our underwriting, we found the county’s Property Tax Estimator tool: https://cuyahogacounty.gov/fiscal-officer/departments/budget...Our current thought process:-Look up the correct tax district and current value from county records-Enter the property’s purchase price as the new market value in the estimator-Use the 2026 estimated tax amount for deal analysis, since that’s likely closer to where taxes will eventually adjustFor those of you investing in Cleveland:-Does this approach make sense?

Real estate can be a powerful tool when executed correctly.

- the right location, the right size, the correct calendars strategy, listing optimization, amenities, booking speed, network connections, direct booking capabilities and more! 

The irony is that an LLC is an important early business-planning tool, and trying to save a little upfront often costs investors much more later.What happens when you finally get to property number 11?

Financing costs get their own bucketPoints, underwriting fees, appraisal, inspection, credit pulls, all treated as loan costs so they’re amortized correctly.

Quote from @Julie Ferioli: Hi All,I am looking into acquiring a property in the Memphis, TN market and I am trying to determine the best source/tool to research crime data.

You're correct no real estate taxes, but you can and do get taxed as business personal property.

My partner did this when he first got started because being an assistant gave him access to the MLS along with other tools that allowed him to pull his own comparables without having to constantly ask his agent to pull comps.