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6 January 2025 | 25 replies
Wouldn't mind becoming a millionaire from this as well....Should I hire a few ppl to scale the house flipping hustle (marketing, lead acquisition..ect)?
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11 January 2025 | 11 replies
When calculating your return, bear in mind you'll most likely have to pay 100% in cash to make it work.
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6 January 2025 | 9 replies
Keep in mind that MTR bookings average 3 months so you wouldn't want to move utilities that often.
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4 January 2025 | 7 replies
@River Sava ~ Keep me in mind if you see DSCRs dropping below 5%.
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11 January 2025 | 15 replies
Keep that in mind for future in case you get a "needy" tenant some day.
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17 January 2025 | 20 replies
They don't mind higher vacancy rates then SFH might be an option.
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9 January 2025 | 28 replies
With SIMPLE in mind were going to focus on Townhomes.
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9 January 2025 | 5 replies
These are good questions, but keep in mind that a month of obsessive research is still the absolute tip of the iceberg.
6 January 2025 | 1 reply
5 tips i should keep in my mind when buying rental property?
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8 January 2025 | 9 replies
Be mindful of short-term capital gains tax, as profits from flips held for less than a year are taxed as ordinary income, and frequent flipping may result in self-employment taxes.While profits from flips do not qualify for 1031 exchanges (since flips are considered inventory, not investment properties), you can minimize your tax burden by deducting allowable expenses like renovation costs, loan interest, and holding expenses.If you're considering diversifying into rentals, explore opportunities to benefit from long-term tax advantages such as depreciation and lower long-term capital gains rates.