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7 January 2025 | 9 replies
Here are a few things that I like about the neighborhoods in Indy compared to other states: high rent-to-home-value ratio, consistent and gradual city development, relatively low property tax and insurance cost, affordable renovation service cost.From my experience, it's possible to find deals that meet 1% rule if you invest in *turn-key* duplex or SFH here, but they are harder to find, and could potentially slow down you from scaling up.
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10 January 2025 | 2 replies
You can run one-off searches for phone numbers and email addresses, and they often have promos for new users.Spokeo for Professionals: While not specifically real estate-focused, it’s a reliable option for finding contact info for individual property owners, especially for one-off searches.Forewarn: This is great for verifying contact details and gives a bit more intel on leads.
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2 February 2025 | 20 replies
I"m also seeing people doing STRs to get the tax benefits besides the higher cash flow.
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11 January 2025 | 7 replies
The 1031 exchange will indefinitely defer all tax on profit and all depreciation recapture.
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8 January 2025 | 11 replies
I would be interested in connecting for the Washington team position for both purchasing agent and professional property management.
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15 January 2025 | 10 replies
Any tips on finding reliable professionals in my area?
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16 February 2025 | 29 replies
A real basic guess is 30 houses each cashflowing $1,000/month.In Metro Detroit, this means $1500+ in rent, with the difference convering taxes, insurance, maintenance and vacancy - NO MORTGAGE!
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17 January 2025 | 20 replies
This means there may be less competition from professional investors, especially in areas where the demand for owner-occupied homes is strong.In short, if you are just entering the real estate market and don’t yet have the capital to compete directly with investors for multifamily properties, focusing on single-family homes could be a more strategic choice.
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14 January 2025 | 17 replies
But I really don't know, I'm not an agent or a lawyer, so please seek professional guidance, for sure!
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10 January 2025 | 12 replies
.: Stessa isn't good for keeping track of tax deduction items.Stessa was designed to just look at P&L.