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11 December 2024 | 15 replies
.- You close on December 10th- The property is in great shape and does not need any significant repairs- It only needs some paint touch-up and changing a couple of broken fixtures, which you do yourself- You spend the next week buying furniture, electronics and supplies and installing/arranging everything yourself- You also roll up your sleeves and scrub the toilets and sinks and appliances- You put it on AirBnB/VRBO and have your first guest renting it for the 3 days of Christmas- You second guest rents it for the following weekend and leaves before NYE- You personally clean and restock the place between these two guestsCongrats!
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9 December 2024 | 7 replies
Sending a personalized greeting to guests when they book, answering their questions, programming lock codes, logging new bookings in my records and notifying my cleaners of them and any requests for early check in, paying cleaners monthly, ordering supplies, updating my listing descriptions about once a week even if it's just a sentence here or there (helps with rankings on the platforms, esp.
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11 December 2024 | 101 replies
Ultimately, what drives real estate values is supply and demand and the income you can derive from those properties.
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7 December 2024 | 9 replies
My main concern about actual house hacking for a few years in a row is that we don't want the kiddos to have to change schools once we relocate up there.I'm thinking about getting an appreciation-oriented duplex/triplex in a pricier market with good schools that we could stay in for several years, and saving for an actual cashflow property that'd we buy as an investment property instead of a house hack.
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13 December 2024 | 7 replies
The main reason to do a cost seg study is to generate bonus depreciation, which creates passive losses.
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10 December 2024 | 10 replies
I'm about ready to retire so I'm not looking to compete in a bidding war, mainly looking for a fair deal that I can rehab or a turnkey with some cash flow.
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9 December 2024 | 20 replies
Supply and demand- if there were demand-, it wouldn't be so cheap.
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10 December 2024 | 39 replies
Look up @MarcusMKE, that is my main channel.
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16 December 2024 | 17 replies
The main issue is land... or lack-there-of.
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12 December 2024 | 6 replies
That being said, this is mainly doable for folks taking on cosmetic rehabs with great time management/construction management skills.