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12 December 2024 | 6 replies
To scale, I’d focus on defining financial goals, targeting specific property types, diversifying, and building a solid network.
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15 December 2024 | 38 replies
Ive worked with them before for another displaced family and it was great, they even adjusted the rate mid stay and was a big financial win for me.
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10 December 2024 | 14 replies
For me, I'd rather have fewer doors owned outright that allow me to achieve my personal financial goals than having a large number of doors fully leveraged with less cash flow per door.
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11 December 2024 | 8 replies
If you ask nicely and promise not to share, you can usually get good financial information on the properties that are currently operating as a STR.If you're just starting out looking, you may not be aware of just how many cabins out there are poor quality builds due to the lack of codes.
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13 December 2024 | 11 replies
If they don't you personal financial situation plays a bigger part in securing a loan.
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9 December 2024 | 9 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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8 December 2024 | 0 replies
When you work a 9-5 job, you typically rely on colleagues assigned to you.As an investor, you have the OPPORTUNITY to assemble your dream team of professionals who share your ambition and can help you achieve your financial goals.
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17 December 2024 | 29 replies
A really nice home with some extra touches (a little granite, better flooring, nicer paint job, nicer cabinets, etc.) compared to the area will make potential tenants fall in love with the place. 2) Tenants that bring or can swing their own appliances are more financially stable (or just stable in general, ha!)
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23 December 2024 | 34 replies
If a deal aligns with your financial goals and makes sense in the broader context, don’t let rigid rules hold you back.
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9 December 2024 | 1 reply
This treatment ensures accurate financial and tax reporting, as the credit is part of the sale transaction rather than income.This post does not create a CPA-Client relationship.