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23 October 2024 | 10 replies
The appeal of the property should match the target tenant's preferences.5.
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22 October 2024 | 5 replies
White subway tile + white paint + white cabinets + black finishes = a great formula to keep cost low while achieving a modern look that will appeal to buyers.Happy to connect and hope this helps!
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22 October 2024 | 8 replies
Next up, think about what you want to achieve.
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22 October 2024 | 23 replies
I hear you on out of state investing, I invest a fair amount in NC where you can still buy houses at 50-60k 2 miles from a Target...lol
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24 October 2024 | 13 replies
Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)
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22 October 2024 | 4 replies
Therefore if you purchase in say September, your current years tax bill will be based on the current years value which may be even lower than what you can achieve with the exemption and on investments the value will be updated according to your ATI and will not be reassessed by the county for five years as well as once it is, the increase is capped to a 15% increase in value which is not common and can be appealed which is less often than many other states.Yes, the effective tax rate comes out to a difference of say 0.5% on personal residence to 3.0% on investments, but I would say handling it the right way up front and budgeting for it in your analysis is better than risking it another way.
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21 October 2024 | 4 replies
Many investors in Nashville may also have experience with out-of-state investing, and the relationships you build can lead to potential partnerships, advice, or even introductions to contacts in your target markets.
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22 October 2024 | 7 replies
Taking 'effective' action is what you need to do next, find out what your goal really is and work backwards in discovering what you need to do to achieve it.
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24 October 2024 | 16 replies
Rates are higher for these and that can make it hard to achieve a 1.0 or great DSCR Ratio (your income needs to be $1 higher than your PITI+HOA costs).
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20 October 2024 | 1 reply
However if I do a BRRRR I can achieve infinite return by extracting all of my investment.