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28 October 2024 | 9 replies
It's easier to invest where you live or are familiar.
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28 October 2024 | 30 replies
They're paid by the job and if their performance ever decreases (which can happen - they're great for a time and eventually for whatever reason their quality, timeliness, etc declines) then it's easier to phase them out & replace them with a different crew.
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24 October 2024 | 12 replies
First, it could help you qualify as a real estate professional (REP), or at least make it easier to qualify, which would allow you to offset passive losses from your rental properties against your active income.
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1 November 2024 | 22 replies
A lot of CPAs get hung up on “substantial services” piece which is a semi grey area but if you understand STR the judgement calls are a lot easier.
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24 October 2024 | 8 replies
It’s incredible to see how far you’ve come since starting here 10 years ago—200 houses and 60 in one year is no small feat!
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28 October 2024 | 40 replies
Many are using Orlando and the surrounding area as an example of why STRs are no longer viable.Most of us know that the greater Orlando area is super saturated and that the main money makers are the huge places that sleep 20+ with incredible themeing in just about every room.There are plenty of areas in the USA that can support great returns but like any real estate purchase, you need to do your due diligence.
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28 October 2024 | 6 replies
That would make it much easier to get actionable information.
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22 October 2024 | 5 replies
This may be easier to find in smaller towns or rural areas.Growth potential: Research areas with growing populations or emerging business districts.Tax incentives: Some localities offer incentives for small businesses or specific industries.Infrastructure: Ensure reliable internet and necessary utilities for your business.Potential locations to explore:Atlanta suburbs: Consider areas like Decatur, Marietta, or Lawrenceville for a balance of affordability and proximity to the city.South Carolina: Look into growing areas like Greenville, Rock Hill, or smaller towns in the Upstate region.North Carolina: The Research Triangle area (Raleigh-Durham-Chapel Hill) offers opportunities, as do smaller cities like Asheville or Wilmington.Remember to thoroughly research local building codes, zoning laws, and business regulations in any area you're considering.
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29 October 2024 | 33 replies
In fact most new BRRRR investors prioritize whether they can receive 100% of their capital back through a refinance over all other deal metrics and being laser focused on that particular objective often leads to investing in the lowest tier neighborhood where it is easier to complete the BRRRR process.
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24 October 2024 | 1 reply
If you find one who is smart and hard working and who knows how to structure creative deals, it will be incredibly beneficial to keep them on your team.