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11 February 2025 | 10 replies
Instead of just writing "property maintenance," note activities like "installed new light fixtures" or "deep cleaned kitchen for guest turnover."
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14 February 2025 | 5 replies
The same goes for PMs and companies selling properties.
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19 February 2025 | 27 replies
He has opened his doors up to us before to his personal house and cares about people actually making it.I got my first BRRRR property completed last year as a direct result of me being in the Academy.
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17 February 2025 | 2 replies
My goal is to help people invest in properties and grow my business, but as a beginner, I'd love some advice on getting my foot in the door.
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1 March 2025 | 9 replies
It’s a great opportunity to network with other investors, many of whom are recent Texas A&M grads, and talk strategy in an actual investment property.
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14 February 2025 | 1 reply
That’s your home mortgage interest as well as property tax and insurance for 2nd half of the year.
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10 February 2025 | 10 replies
I would start keeping track of everything that you've had/have to do while owning/acquiring this property.
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23 February 2025 | 1 reply
I've found that the best areas for the investors I have worked with on BRRRR properties are areas like Center Point, Fultondale, Gardendale, and Pinson areas.These areas are solid and aren't in warzones like Fairfield or Tarrant but will also produce you cash flow and equity unlike cities like Hoover or Vestavia.
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13 February 2025 | 8 replies
If not rented at fair market rent, this property will just count as your residence, not a rental for tax purposes.Structuring the property under an LLC or land trust could trigger a due-on-sale clause, so check with the lender before proceeding.To minimize risk, consult a CPA for tax strategy, weigh financing costs, and draft a legal rental agreement.