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1 January 2025 | 32 replies
Once I gave them the online option, however, and the bank didn't deliver one tenant's check causing a late fee, they've all used the online option.
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30 December 2024 | 0 replies
The tenant has not been the greatest, one example being late on paying with not always paying the late fees.
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2 January 2025 | 13 replies
The return would be $50K profit per deal in 5 months.
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7 January 2025 | 2 replies
Prioritize stable cash flow, good location, and manageable property condition, while considering strategies like gradual rent increases, expense reduction, and value-add improvements to enhance returns.
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25 January 2025 | 26 replies
However, my work involves a lot of late nights and it’s starting to take a toll on me, especially with two young children.
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11 January 2025 | 420 replies
Close enough for this example - it's late and I've grown quite weary of this discussion.
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8 January 2025 | 10 replies
BTW, you can do an LTR on any property - house or condo - without applying for a permit.In the right location, you should expect to see at least a 2x return on an STR as opposed to an LTR.
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3 January 2025 | 4 replies
There will likely be a partnership return required where you flipped a house with a partner and lost $120,000.If you sold the other property within the same partnership, it will also be reported on that partnership return.The net result to you is that you will receive a K-1 showing your income / loss which you then use to report on your individual return.If you made no money within the same year, you likely pay no additional taxes / get no additional refund.Best of luck.
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25 December 2024 | 12 replies
So I offered to pay for the flight, if they returned a clean and empty house.
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2 January 2025 | 1 reply
I intended on financing a rehab for $60k with a $15k return after 6 months.