Julie Muse
From $37.5K to $65K: A Strategic Flip in Crocker, MO!
28 August 2024 | 0 replies
By focusing on high-impact improvements, we maximized the property's value while staying within budget.
Johana Villamil
Need more cash to finish rehab
30 August 2024 | 21 replies
But in my case I need like 25k so I would have to apply for all new cards which will also have an impact on my credit.
Tyler Carter
Are most all Refi Cash Outs the same?
28 August 2024 | 9 replies
Most offer rate buydowns, but how impactful are the buydowns.
Aqsa Mughees
What market is the best right now?
27 August 2024 | 30 replies
Be wary of TX property tax as it is very expensive and can impact cash flow if not factored properly.
Robby Sanchez
bonus depreciation questions
29 August 2024 | 13 replies
I can't say for sure if the BP calculator offers such a calculation as your tax situation impacts how the depreciation will effect your return.By bonus depreciation I'm assuming you're referring to doing a cost segregation, if this is the case you'll definitely want to review your tax return to determine if you can even take advantage of a cost segregation.
Luke Eastman
Rental properties in LLC
28 August 2024 | 10 replies
These costs can vary significantly by state, so it’s important to compare the financial impact of forming the LLC in either state.3.
John Leschber
Should I keep it or sell it
28 August 2024 | 4 replies
However, it may be a better strategy to base your decision on cash flow rather than speculative gains.Purchase Price: $480KAnnual Rent: $2,400 * 12 = $28,800Expenses (@30%): $8,640Net Operating Income (NOI): $20,160Cap Rate: 4.2%Another point to consider: if you're already facing negative cash flow, how will your returns be impacted when it comes time to turn the property or if a costly repair is needed?
Christopher Lynch
Florida vs New Hampshire Short Term Rentals? ( Who Wins )
30 August 2024 | 29 replies
Although others have said it won't necessarily impact what other cities do - I personally think the courts decision is better for STR than if the opposing opinion had won.
Chris Clothier
REI Nation YOY Re-Rent and REnewal of current lease data
28 August 2024 | 7 replies
There are more coming online but I don't feel they are significant enough portion of our market to impact the single family side of things.
Ryan Tongue
Termite Damage during inspection
28 August 2024 | 9 replies
That's a great point - how to determine if they impacted the studs, and could still be active.