
12 December 2024 | 7 replies
Your profile mentions that you are an agent with rentals.You would want to see if you are able to claim real estate professional status.If you are able to claim real estate professional status, you can potentially offset the rental losses with your real estate agent income.Furthermore, TN does not have a state income tax allowing you to be more open with your options.Best of luck

19 December 2024 | 28 replies
Have yet to see any of the posts mentioned, so they must have stopped years ago.

19 December 2024 | 8 replies
They build on site.One thing you mention is construction costs.

14 December 2024 | 6 replies
Hi Nick, as mentioned before if you put a greater deposit down, you could get a better rate as a result.

14 December 2024 | 2 replies
Your second question is in line with what I mentioned above you need to test, test, and continue to test.

16 December 2024 | 19 replies
Think I was just tired when I posted that and after I posted I was thinking it was a waste of a post since it can’t be done anymore anyway.I think a good option was as Jay mentioned, to buy with cash and refinance later.

12 December 2024 | 3 replies
If we are talking rental properties, then I completely agree with B, C, and D that he mentions.

12 December 2024 | 9 replies
However, as @Chad Hale mentioned, only if you can afford it - meaning both financially and mentally (e.g. how stable are both of your jobs, how long will it take you or your husband to find a replacement job, how much you have in reserves, and whether you guys are in a position to withstand that mental stress, etc.)When you mention 8k monthly, I am assuming that's net profit?

12 December 2024 | 10 replies
Your income is Sales priceLess Purchase PriceLess Costs to sell propertyLess renovations/repairs/holding costs.You mentioned having partners.

14 December 2024 | 12 replies
We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.