
11 September 2024 | 7 replies
We are also in hurricane season now which is a slow period but more for the facts families are back to school.

10 September 2024 | 7 replies
I found the best solution was to set up auto pays for all the accounts and then make a google doc with all the info broken down by property for periodic reviews.

9 September 2024 | 3 replies
Issues like contractor delays, supply shortages, or unforeseen repairs can extend your timeline, which adds to your holding costs (mortgage, utilities, etc.).Tip: Factor in extra time for delays and have a backup plan to stay on track.Over-Renovating: Many new investors fall into the trap of over-improving a property, especially when they try to bring in their own taste.

9 September 2024 | 0 replies
Additionally, it can help maximize renovations and improvements.A Cost Segregation study is an IRS approved federal income tax tool that increases near term cash flow by utilizing shorter recovery periods for depreciation to accelerate return on investment.

11 September 2024 | 7 replies
I don't accept anyone with evictions, period.

10 September 2024 | 1 reply
Your situation (different country, Airbnb income, longer hold time) may not fit this model exactly.Negotiating Better Terms:With the bank: Shop around for better rates, consider a larger down payment for better terms.With real estate agents: Offer exclusivity for a lower rate, or consider handling the sale yourself if legal in Georgia.Holding Period: Given the strong Airbnb cash flow, holding longer could be beneficial, especially if the market is appreciating.

8 September 2024 | 168 replies
Ours is based on the 1 month LIBOR and has a draw period of 20 years.

11 September 2024 | 31 replies
My main concern is that the contractor does not extend past the 3 days and take any time off for weekend.

11 September 2024 | 13 replies
You will only need the eviction attorney if they do not vacate at end of the legal period that you put in your notice.