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7 January 2025 | 13 replies
We've got strong job growth (tech, healthcare, education), stable population growth, strong rental demand, and plenty of value-add opportunities in multifamily.
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5 January 2025 | 6 replies
The value of the hotel is based off of how well it's being operated.My advice would be to get a job in the hotel industry.
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8 January 2025 | 9 replies
As long as you focus on areas with strong job growth and analyze the deal carefully, I think you will be in great shape.
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26 December 2024 | 9 replies
They are there on time reliably, do a good job managing inventory/off site laundry, and generally do a good job cleaning overall.
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4 January 2025 | 11 replies
I'm not sure if we can like to articles on our own websites here, so to be safe I'll just suggest the IRS web page, which does do a pretty good job of explaining the basics: https://www.irs.gov/taxtopics/tc510The main thing to know if you're going to claim business miles is that you do need to keep a log of every business trip.
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3 January 2025 | 3 replies
At the end i will add a list of items why adding a single ADU in single family zoned areas may not be the best RE option.The most common value add is via a rehab.
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2 January 2025 | 4 replies
My goal is to continue to acquire more cash flowing rentals to eventually leave my day job and just self manage the rental properties.
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6 January 2025 | 2 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.
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10 January 2025 | 18 replies
Get a stable income, job and start with going the simple route.
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8 January 2025 | 31 replies
I had to remind them a few times of deadlines but they did a good job overall.