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2 October 2024 | 9 replies
Austin is correct, a cost segregation can help you break down the depreciable basis of the property into personal property (5 year), land improvements (15 year), and buildings (if any such as clubhouses, laundry rooms, etc.).
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1 October 2024 | 0 replies
Investors continue to succeed here with short term rentals near and around RTP and downtown, or renting by the room on airbnb to young professionals.
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2 October 2024 | 48 replies
They are wrong because AirBNB has a lot of single rooms listed that skew the data.
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29 September 2024 | 6 replies
Seems like he had a podcast about a year ago where he discussed most of his investment concepts are somewhat dated right now and were really for a different era or economic environment.Probably what works best right now is rent by the room/house hack.
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1 October 2024 | 6 replies
Complicated rooflines, modern details that require a bunch of steel framing, excessively large great rooms, spa-like bathrooms, etc would push you into the $1,000-2,000 range.
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1 October 2024 | 7 replies
Rent out by the room.
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30 September 2024 | 2 replies
The inspection is a 5-10 minute walkthrough by a vendor who will take pictures of every room and identify any issues for you to address.If there are issues, you typically have a week or two to get them fixed without there being an impact to you.
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29 September 2024 | 5 replies
I have a unit that has a a 10x12 room with a window but no closet that you walk through to get to the master.
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1 October 2024 | 6 replies
There isn't much room to recover from trial and error on these.