
18 October 2024 | 6 replies
Focus on projects that will bring a return on investment, such as updating the kitchen, bathrooms, flooring, and installing new appliances.

26 October 2024 | 25 replies
NO title insurance NO going through escrow or a lawyer all my deals myself and staff we did the closings and prepped all the necessary docs to transfer title and took the deeds to the county and recorded them ourselves, sent courier to the Trustee service or Lawyer office with the cashiers check to pay the loan off or bring it current. . .

18 October 2024 | 2 replies
This setup brings in around $800 per month.Get creative with it, house hacking is an amazing investment strategy!

17 October 2024 | 2 replies
Sadly, it’s sat on the market too long and I’m looking to get creative with bringing the attention of many buyers looking for a good deal on a property (online auction or something else with tons of attention??)

18 October 2024 | 16 replies
Depreciation helps reduce the taxable rental profit, potentially bringing it to zero or even creating a loss, which can carry forward to offset future rental income or other capital gains.For high wage earners, other tax strategies could include leveraging cost segregation studies to accelerate depreciation on rental properties through bonus depreciation, taking advantage of tax-deferred exchanges (like a 1031 exchange), or maximizing deductions related to property expenses (mortgage interest, property taxes, insurance, repairs, etc.).

18 October 2024 | 13 replies
Paying any unlicensed person a finders fee for bringing them leads that led to a sale is illegal.

16 October 2024 | 2 replies
I enjoy them.When I buy my 1.1k ish sqft for $200/ft and less than $275/mo HOA winter condo, I'll bring my own car and skates👍

17 October 2024 | 26 replies
You don't want to bring over poor operations to STR because you will also fail there.

18 October 2024 | 7 replies
My PM got legal help when our tenant wanted to bring in a roommate and a 150 lb pig as an ESA.

16 October 2024 | 11 replies
Also zoning, exit strategies, and market value rentals are helpful in knowing since a major part of making sense of the numbers is bringing all the units up to market value rental income.