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7 February 2025 | 1 reply
At a high-level, I'm looking for a single page that will show the entire health of the property, from income/expenses, to debt coverage, capex, ROI, etc.
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19 February 2025 | 5 replies
Trying to keep things simple with long-term single family rentals til I hit my conventional limit then will try different strategies with different funding options.
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19 February 2025 | 0 replies
We keep half the house for our use year round but rent the other half out all year long. 2024 tax year will be the first year we depreciate the asset.
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21 February 2025 | 4 replies
I have not personally tried the Wire feature though.I am an Accountant and use it and refer my clients to it as well, connect with me and I will look to see what the costs are to send a wire, they do allow free check and ACH payments if timing is not a factor.I had a client who used Titan, and as an Accountant I did not like it.
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9 February 2025 | 12 replies
I would also add that you join your local REIA chapter (Real Estate Investor Association) as it will allow you to network with other STR owners and get more location-specific information.
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19 February 2025 | 21 replies
@Simon PoweMultifamily will generally have higher turnover than single family and it can also be a bit higher maintenance since the tenants seem to take less care of the units.
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6 February 2025 | 13 replies
Let her sell it as she won’t have a taxable gain which you will have if she gives it to you and you sell.
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5 February 2025 | 4 replies
@Andy Ptak when jumping into the industry you have a few choices:1) Start at the bottom2) Leverage your experience to convince someone to give you a chance3) Decide between:--- Big companies who will usually start you at the bottom--- Small companies that will more like to a chance on hiring you for an above entry level position.
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5 February 2025 | 6 replies
Usually prospective tenants that agents bring to showings will be more qualified to rent in my experience.
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4 February 2025 | 17 replies
But that frustration will kill you.