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31 December 2024 | 8 replies
What's the benefit of the $149 sub through TurboTenant?
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5 January 2025 | 17 replies
I have 3 associates / relatives that would be doing my renovations, as I would be finding, analyzing, and purchasing the deals.
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3 January 2025 | 2 replies
Some hotels actually have a condo like structure, where people can own the units, but perhaps are limited on their personal use to only a certain amount of the year - the rest of the year it is in the rental pool managed by the hotel.If numerous room owners stopped paying their bills, you could get tax liens on numerous separately owned units.Hotels are a tough business, an issue I also see come up with them often is that they require refreshes, expensive and relatively often - at least once every 10 years, if not more often.
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5 January 2025 | 8 replies
Additionally I would add a benefit for you is that you're in great area to be able to invest locally and can invest in your own back yard as they say.
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6 January 2025 | 5 replies
Many lenders allow for low-down-payment options if the rental income covers the loan.You’re approaching this deal thoughtfully, but be sure to communicate the benefits of your offers clearly to overcome resistance from the seller's representative.
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6 January 2025 | 8 replies
I prioritize appreciation, tax benefits (rental property expenses, depreciation), ability to use leverage, and passing on generational wealth with real estate.
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3 January 2025 | 3 replies
This amounts to lost opportunity because if you had purchased RE, at the closing it can start producing return. 5) ADUs detract from the existing structure whether this is privacy, a garage, or just yard space. 6) this is related to number 1, but there are many more buyers looking to purchase homes for their family than there are RE investors looking to purchase small unit count properties.
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4 January 2025 | 4 replies
You can also get a "gift" from a relative or join a program (ask the mortgage officer) on if there is a gift program you can join - similar to a scholarship.
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9 January 2025 | 17 replies
In related news, we had a guests for a 10 day stay and they wanted to cut the stay short.
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3 January 2025 | 2 replies
I’m relatively new to the world of real estate, having started my journey just 2 years ago.