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19 November 2024 | 7 replies
We have been swept by the influencers touting the benefits of cost seg, so we are wondering how come nobody ever mentioned that it might not fully appy during the first year in service.You relied on two almost equally awful sources of information: influencers and IRS publications.
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27 November 2024 | 8 replies
I would also considering buying 2-4 units if you are trying to increase your cash flow.
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27 November 2024 | 13 replies
Assuming rents will increase surely it will cash flow at some point correct?
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25 November 2024 | 19 replies
Renewals and rent increases- Research market rates; 3% is fair, but adjust if you’re far below market.
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5 December 2024 | 22 replies
Property taxes are especially high, as the city by default increases it at 2% per year even though market value of those condos have crashed by over 10%.
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1 December 2024 | 32 replies
I rented out the house I lived in (in nice suburb with low crime and great schools) - this Class A property is doing well 5 years rented so far, but the property tax increases are reducing my cash flow.
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1 December 2024 | 377 replies
For your first 3plex, how did you increase the rents from $2200 to $3150?
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3 December 2024 | 26 replies
I know Baselane is becoming increasingly popular, but I want to make you aware of this ticking time bomb if you're using their banking services for rent collection - if a tenant reneges their part of the contract, they can literally collect everything they paid prior no questions asked.I'm working with Baselane to negotiate this issue, but they remain stern on their end.
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24 November 2024 | 7 replies
.: @Travis Boyd you’ll lose more in interest rate increases, potential property taxes increases, realtor commission and other transaction costs than you’ll pay on any future cap gain taxes.
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28 November 2024 | 23 replies
With Guesty, have you noticed an increase in the number of your bookings?