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21 December 2024 | 6 replies
They sold two appreciated duplexes in Dallas and we turned them into 8 units in Mesa, AZ with higher cash-flow, and much closer proximity to Southern California.I'll add to your Phoenix "pros" list:1) Landlord friendly rental rules2) Easy evictions in < 30 days3) Rents are rising faster (on a % basis) than many other metro areas4) Low property taxes (and the property taxes don't sky rocket after a purchase as they do in CA)5) Very low vacancy and extremely high tenant demand.
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31 December 2024 | 32 replies
I'm weighing the benefits of paying a premium for turn key vs. working with an investor friendly agent.
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19 December 2024 | 2 replies
Dennis, I wish I was able to have grown up close with friends like yourself or even had that nowadays...WOW!
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23 December 2024 | 15 replies
I have a few e-mail addresses of new Aussie friends and gave the BP site to many.
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24 December 2024 | 9 replies
I’m obvi biased, but Denver is a very friendly sunny city with world class skiing, mountain biking, hiking, etc.
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20 December 2024 | 10 replies
Ask family/friends to help boost the listing (likes, saves, photo scrolls) or even book it at a friend/family rate!
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20 December 2024 | 6 replies
I’ve mentioned it to people at work and some friends who are moving to the city, but my place is either too far for them, or they prefer their own space.
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13 December 2024 | 4 replies
I'm wondering about servicing these after completion on a longer term basis following a DSCR guideline as they will be rented, and then selling them in a secondary market.
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24 December 2024 | 9 replies
In Vermont, LLC formation fees and annual report costs can add up.A good friend of mine, Jason, started with five doors and used a single LLC for his properties initially.
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15 December 2024 | 13 replies
The second home loan guidelines directly state "The Borrower must keep the property available primarily (i.e., more than half of the calendar year) for the Borrower’s personal use and enjoyment"This means that you can only book it out on STR platforms for half of the year (50% max occupancy), which really sets a cap on your max income.