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16 January 2025 | 7 replies
There is a ring camera system that has a job site security package as well some of my investors use for their projects do not have internet it works off cellular connection.
21 January 2025 | 7 replies
We have a few we have come across as well.
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22 January 2025 | 8 replies
You should track your own units expenses as well so when you move out, you can quickly reclaim any expenses or depreciation you built on the personal unit when converted into a 2nd business unit which would then be included on your schedule E.You also write off half of your property taxes, insurance, HOA dues, or any shared expense.
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28 January 2025 | 9 replies
Sounds like you're in the scale/harvesting time so I think you need to determine if this property is something you are happy with the cashflow it would produce as well as the time needed to manage it or hire a property manager, or is it time to take the equity and redeploy it into something more worthwhile like a higher cash flowing investment or creating higher equity in the home you buy down here.
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20 January 2025 | 1 reply
So I said, "well, if that isn't the path, what is the better approach?"
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31 December 2024 | 6 replies
Quote from @Khaled El Dorry: I have a portfolio of 3 SFH's (2 in Jax and 1 in ocala) and 1 duplex in port charlotte (never flooded or damaged due to hurricanes) that have done very well for me.
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20 January 2025 | 0 replies
To add value to the property, we undertook extensive renovations including the removal of over 40 yards of trash, installation of a new septic system and wall-hung boiler, and a new well pump.
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22 January 2025 | 7 replies
Income should be at least 3 times as well, otherwise they'll most likely move out when you up the rent (I made this mistake once).