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1 December 2024 | 3 replies
Additional Details:The property is in a desirable area with good amenities nearby.STR data from AirDNA shows decent revenue potential, but the lack of comps makes me hesitant.I’m looking for a balanced approach that minimizes risk, even if STR performance doesn’t hit expectations.If anyone has experience investing in Cincinnati or navigating markets where STR data is sparse, I’d love to hear your thoughts.
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6 December 2024 | 25 replies
Our last one went from STR to live in flip + parceling off additional lots.
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7 December 2024 | 150 replies
Many folks are once again turning to RE and RE related assets as a new form of income or additional form of income, etc.
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3 December 2024 | 9 replies
In addition, the tax implications are better on a refinance which you will be able to deduct.
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9 December 2024 | 20 replies
With this comes additional transactional costs that are more likely to present themselves in this asset class than other price point SFH's.
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3 December 2024 | 26 replies
I can pursue a legal action against the tenant or Baselane, but this will cost me additional $2-3K in legal fees besides dealing with a loss of at least $5K of rent and damages caused.
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5 December 2024 | 13 replies
Since 1031 is tax deferral, I assume the gain is calculated with the likely substantially lower basis from the pre 1031 property acquisition + additional cost over the years.And yes, recapture all depreciation ( on both prop before and after 1031) make sense.
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2 December 2024 | 7 replies
No additional locks shall be placed on doors or windows.
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30 November 2024 | 11 replies
If, after the first ten (10) days after you take possession of the Rental Unit, it becomes necessary for us to undergo including, without limitation, prevention and remediation in your Rental Unit and/or on the Premises, you will be held financially responsible for reasonable costs thereof, paid as Additional Rent.