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18 January 2025 | 10 replies
That alone brings you to negative cash-flow and that is even without accounting for any municipal utilities.
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14 January 2025 | 6 replies
So, yes, you can absolutely have a great rental business as an out of state ( and even international ) investor, as long as you have a solid team that are your boots on the ground.
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9 January 2025 | 5 replies
The mailers I receive for my properties are not of a high enough quality, to make me believe the sender understands what gets a recipient to even open or read the mailer, let alone respond.
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13 January 2025 | 45 replies
BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.
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11 January 2025 | 5 replies
Isn't it unlikely that a homeowner who cant afford a 2-3k tax bill would even challenge this legally?
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11 January 2025 | 4 replies
Even facebook might have some good local groups for you.
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12 January 2025 | 12 replies
The removal of the Taxable Value cap and the switch to Non-Homestead millage rates can double, even triple, the property taxes.
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10 January 2025 | 23 replies
I would purchase a duplex (or even better, purchase a SFH with as many bedrooms as you can afford and rent by the room), and then slowly improve the property.
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12 January 2025 | 28 replies
I do this on all my properties-even small ones.
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10 January 2025 | 14 replies
Based on my experience of running properties, even if the build were to cost you as much as $600k but you could generate $125k/year, you'd be very happy with that investment.