Johnny Peterson
Meet ups in southern Minnesota?
28 January 2025 | 9 replies
I haven't heard of any, but met with a few people in the twin cities last year.
Dallas Smith
Selling 2 properties
24 January 2025 | 5 replies
As far as your primary residence, if you have lived in it 2 out of the last 5 years, you should not have to pay taxes on capital gains (difference between what you paid for it & what you sold it for) up to $250,000 if you file your taxes as an individual and $500,000 if you file jointly with a spouse.Just a disclaimer, I am not a tax professional.
Kiran Asknani
New to STR market in Massachusetts
28 January 2025 | 14 replies
Quote from @Jacob Sherman: Quote from @Kiran Asknani: Hi All I am new to STR game and am planning to start with investing in Boston area or nearby suburbs as I have spent last 10 years in Boston.
Ashley Guerra
Central Jersey investors
21 January 2025 | 10 replies
One last tip look at homes for rent on Zillow.
Joe Gellenbeck
New to Investing - Excited to Get Started!
21 January 2025 | 18 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
Ken M.
How To Buy Distressed Properties "Safely' Using SubTo and Wraps
29 January 2025 | 1 reply
., FTC, FBI for the last couple of years doesn't mean you are "in the clear".
Noah Laker
Opening a Sober Living Facility
19 January 2025 | 5 replies
My company has gone through 3 dishwashers in the last 12 months and it has been an added expense.
Robert Pickett
How to roll over 1031 exchange funds
29 January 2025 | 5 replies
My last note would be to try to buy 3 or less replacement properties, it makes the exchange much easier and you avoid some additional rules.
Christopher Smith
UPREIT any personal experience?
22 January 2025 | 10 replies
So in my mind it would be best used as a last move into a REIT you never sell.
Ryan Broschard
Property Tax Increase - Fort Mill, SC (Lancaster County)
23 January 2025 | 2 replies
The only “good news” is you’re paying for last year’s shortage and thsi year’s taxes, or this year’s shortage and next year’s escrow account.