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11 October 2024 | 15 replies
Thanks, great advice.My main concern is that I am not local (about a 2 hour drive to my market area).
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14 October 2024 | 37 replies
Especially when this practice is still our main source of income and will be for quite some time!
10 October 2024 | 0 replies
What Gets Calculated in Child Support PaymentsThe main factor that gets calculated in child support payments is parental income—the total amount of any salary or wages.
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8 October 2024 | 4 replies
What strategies can I implement to maximize rental income from my first property, which I intended to convert into two units ( Unit 1:Main house, Unit 2: Basement sun room) but cannot due to zoning restrictions?
10 October 2024 | 0 replies
In sinking mobile homes, the main front and back doors may not line up or close correctly.6.
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7 October 2024 | 9 replies
The 34746 area code has seen a lot of new construction, mainly SFH and apartments.
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8 October 2024 | 4 replies
(My assumption is it may be tough to prove enough material participation if using someone local to manage.)Two things worth noting:1- I'll be discussing with my CPA in-depth soon, but would like to hear other's experiences on this.2 - The main reasons I'm looking to STR's is the tax benefits (Cost-Seg) & appreciation that comes with buying in these areas opposed to the mid-west where I look for long-term rentals..
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9 October 2024 | 16 replies
If you're in a strong market, like the one I am and you can get a property rented out in a weekend while you have current tenants in place. therefore 0 vacancymy most recent turnover cost me $300.I've had other turnovers cost me $4k - that was mainly because of bad tenants who purposely trashed my place. 1 month in lost rent + repairs
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8 October 2024 | 3 replies
Depending on the size of the ADU vs the main property, you would probably be looking at either a "heavy rehab" loan - or a "ground up construction" loan.
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14 October 2024 | 420 replies
Been around a lot of that mainly on smaller SFR deals.