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7 February 2025 | 16 replies
While this can maximize leverage and ROI, challenges include getting lender approval for seller financing, high carrying costs, and the pressure of short-term loans.
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18 February 2025 | 9 replies
So, the extra unit may cost you more then it brings if you cannot access equity or if the market discounts the property when you go to sell due to financing available.
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20 February 2025 | 4 replies
If the trust gifts you the property, it retains the original cost basis, potentially leading to high capital gains taxes upon sale.
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31 January 2025 | 7 replies
If it costs $100,000 to install an ADU and it rents for $1,000 a month, then it may be worth it.
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10 February 2025 | 2 replies
The family viewed the house, loved it, and requested that I install satellite TV and add it to the costs, which I did.
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25 February 2025 | 13 replies
It doesn't have the huge opportunity cost that STRs do in peak season.
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25 February 2025 | 6 replies
Most PM's in Columbus will charge you 7-10% of gross rent as PM fee's + maintenance costs.
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12 February 2025 | 17 replies
I've already picked up some great tips, like focusing on operating costs, using comps for ARV, and the unicorn-like nature of good contractors.
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17 January 2025 | 19 replies
The only approach I’ve found effective is offering a deposit alternative, which lowers upfront costs for tenants without devaluing your property.
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18 February 2025 | 16 replies
There is a reason why I buy properties that cost a multiple of what typical cheap rental properties are going for.