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23 January 2025 | 7 replies
I don't think enough people consider this aspect.Selling Stock: Selling part of your portfolio could work, but the 15% capital gains tax might make this an expensive choice unless the stock has underperformed or you’re diversifying away from riskier investments.HELOC: Using a HELOC on an existing property is a flexible and relatively low-cost option.
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14 January 2025 | 19 replies
Quote from @Miguel Del Mazo: @Bonnie Low I went to check out MiniStays a while back, and it seems like a good site.
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17 January 2025 | 3 replies
The area has certain advantages like shelter from regulation risk (pretty much as low as anywhere in the country if you buy in the approved STR tourist zones) and long term security (people aren't going to stop going to Orlando anytime soon).
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10 January 2025 | 15 replies
As you already know, the quality of the investor agent will speed up your learning curve, and save you money, time, and headaches.
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11 January 2025 | 4 replies
Turns out, the right marketing found renters who appreciated the quality and were willing to pay a premium.
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13 January 2025 | 16 replies
Zillow says its worth $240,000, which I think is low, and would rent for over $2,000.
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17 January 2025 | 12 replies
Part of this is the quality of the house.
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13 January 2025 | 7 replies
I've seen folks charge as high as $5,000 to $10,000 for tax planning and tax preparation, But i also know high quality folks that have fees are around $1,200 to 2k.
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7 January 2025 | 11 replies
-------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
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16 January 2025 | 4 replies
I've seen some as low as 6k and as much as 14k annually.