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18 February 2025 | 7 replies
I see this all the time in leases where the initial late fee is $50 and then you have $10 a day after that.
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10 February 2025 | 12 replies
The homes don't have MLS sale history until they are listed after the rehab has been completed.If you don’t mind shaing, how are you financing your deals and do you do the work yourself?
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3 February 2025 | 1 reply
I got a tenant two weeks after closing.
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26 February 2025 | 14 replies
NY can work but watch for high taxes and regulations.For $10K–$35K properties, expect heavy rehab and limited financing options.
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2 February 2025 | 0 replies
After fully renovating both units, I refinanced to pay off the loan and held it as a long-term rental.
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31 January 2025 | 1 reply
If you need financial help, ask under the "Finance, Tax, and Legal" forum.
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28 January 2025 | 9 replies
Specifically:Will the lender only consider the rental income from the two legally zoned units, even though all three rental incomes are declared on your tax return?
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27 January 2025 | 6 replies
To defer all tax you must purchase in total at least as much as your net sale.
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26 January 2025 | 2 replies
Where to get the most recent and accurate data for things like:Unemployment dataPopulation growthJob diversity and top employers in the areaVacancy rates (eg huduser.org)Property taxes and jnsurance costsI saw bp pro and reventure and a bunch of other websites provide some of this data, but i wonder how accurate and recent it is.
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26 January 2025 | 2 replies
STR seems to have better tax benefits (in the right market) but is it worth it at a distance ???