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3 October 2024 | 7 replies
Bonus question: what kind of impact does this have on my taxes and how do I file this?
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4 October 2024 | 5 replies
This is a great way to make a significant impact in your community and provide a new stream of revenue in the mid-term rental space.
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4 October 2024 | 5 replies
PS if you're really fired up about starting your journey, take a look at our BPCON 2024, it's in Cancun October 6-8th and it may feel like diving into the deep end but making that investment in yourself and your REI education can make a monumental impact as you get started!
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4 October 2024 | 4 replies
Doesn't make sense to me given that typically ROI includes the impact of appreciation as well as any other financial benefits.
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2 October 2024 | 4 replies
With interest rates on the rise, how has it impacted your ability to sell properties in Texas?
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11 October 2024 | 30 replies
That impacts your ROI.
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3 October 2024 | 2 replies
Having your handyman do showings could be a solution, but keep in mind that if he’s not experienced in tenant screening, it could expose you to more risk, especially with squatters or less reliable tenants.You mentioned using something like Showmojo for smart access, which is great for efficiency, but I’d suggest ensuring you have solid procedures for background checks and tenant screening if you go that route.As someone who’s owned a property management company for 5+ years and manages over 300 units, I’ve seen the impact of not properly screening tenants.
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2 October 2024 | 12 replies
I've been ruminating over the low rate environment recently and whether to refi one or more of my long-term rentals, but I just struggled visualizing the full gamut of financial impacts, e.g. loan cost inefficiency, 30yrs vs 15yrs mortgages, maximizing cash flows vs cash-outs, tax positions, etc.
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14 October 2024 | 420 replies
My continued success and those in subto will not be impacted from you not joining a community.
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1 October 2024 | 5 replies
Here is what I say will have the most impact on your ROI from using a VA to cold call for you:1) You need to plug in the VA into a system that works.