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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.
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9 September 2024 | 23 replies
In my opinion the biggest thing you're paying for with a property manager is the experience, staying up to date on legal complaince, and having stuff in place already.If you decide to start self managing you're going to have to spend time up front to figure some stuff out (exactly how much I don't know) and periodically spend some time doing various stuff.The truth is, if you have a property where you have a great tenant, they pay on time, they never cause problems and stuff rarely breaks, management is very easy.
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11 September 2024 | 7 replies
I don't accept anyone with evictions, period.
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16 September 2024 | 43 replies
Thankfully, investors owned property and low rate debt during this period of record inflation.
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9 September 2024 | 52 replies
With interest rates as they are, and knowing they are probably going to start dropping over the next few quarters, is it best to wait on any kind of finance for a year'ish or are the rates not going to come down enough over that period to make a huge difference?
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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.
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10 September 2024 | 19 replies
SB13 and its grace period on unpermitted units should preventing this from occurring.
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9 September 2024 | 13 replies
However, a painter will know how to do the job efficiently and effectively.
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9 September 2024 | 12 replies
It just wasn't operationally efficient to continue brokering.
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9 September 2024 | 21 replies
For me, I knew I couldn't execute efficiently as a PM because I like to be too nice to the tenants.