
1 January 2025 | 22 replies
However, I enjoy the more operational side of flips and would like to grow my business out of state to increase flipping volume and have less competition in finding deals.

31 December 2024 | 15 replies
Also, the tax benefits of the buy and holds help offset the increased tax consequences of fix and flips.

31 December 2024 | 5 replies
Your equity won't likely increase beyond the cost to build because there aren't a ton of ADU comps on the market yet.

27 December 2024 | 15 replies
They may also require US credit history, although there are a handful that will not require a US credit report for an increased rate/ reduction in LTV.

27 December 2024 | 2 replies
We plan to remove them all to protect from tax increases on our current primary, but I am afraid that now that the other properties won't have homesteads, we may see skyrocketing tax bills and it will eat into already small cash flow from rental income.Does anyone have advice for how to handle this situation other than just increasing rent?

28 December 2024 | 19 replies
I will mention that a hot tub could really increase the frequency of bookings.

2 January 2025 | 50 replies
Pretty much the core of the STR business.Higher your rank gets, you can increase your price and be more picky in selecting customers which usually lead to a better review / less party or complaints / less expense and higher profit with a happy life.I know some people will argue, but the ranking system is the truth and should be the only guide to your STR journey.

6 January 2025 | 25 replies
If the violations took place prior to purchase, I would at least give them written notice that you are aware of the previous violations and that just one under your watch would result in an eviction.in the meantime, I would shop for new insurance and pass the increase on to the tenant.

2 January 2025 | 13 replies
I'm also not super optimistic on rents increasing over the next year or two though, especially if we go into a recession.

27 December 2024 | 2 replies
The property was leased for $2,150 per month.Refinance and Return on InvestmentAfter a stabilization period of 6 months, the property was refinanced to leverage the increased value created through renovations.