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7 February 2025 | 9 replies
Thank you for providing more details @Jesus Santoyo!
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7 February 2025 | 6 replies
You didn't provide any numbers so can't answer if it's a good deal.
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6 February 2025 | 11 replies
We have allowed tenants to resolve past due debts or provide letters from previous apartment complexes confirming that damages or unpaid rent were not their responsibility.
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6 February 2025 | 7 replies
If it provides a nice return on investment and you plan to hold it for a long while, then it makes sense.
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3 February 2025 | 0 replies
As we continue to stabilize supply chains, seasonal and historical patterns can provide insights for executing your next project, ensuring you factor in risk and stay within budget.Question: What are your thoughts on adjusting to the "new normal", how will investors manage increasing costs with many forecasting stagnant appreciation for the coming years?
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1 February 2025 | 1 reply
Even if we provide you with an answer to this question, there may be other laws you are ignorant of.
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25 January 2025 | 4 replies
As for non-bank loans, I'm familiar with a loan program that provides 100% financing, but it requires a minimum 650 credit score and proof of funds covering 12 months of interest.
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26 January 2025 | 5 replies
Denton County offers opportunities in suburban and college town markets, while Grayson County provides affordable entry points with cash-flow potential.
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6 February 2025 | 13 replies
This can provide a better depreciation benefit than traditional STR real estate.If permanently affixed to land, it qualifies for real estate depreciation (27.5 years for residential properties).Considerations:Zoning laws and campground restrictions may impact legality.Self-employment tax risk arises if you provide substantial guest services.Vacation home rules apply if personal use exceeds 14 days or 10% of rental days, limiting deductions.Audit risk is high, so keep detailed records of participation, expenses, and rental operations.Given the potential tax benefits and complexities, consulting a real estate tax professional is advised to ensure compliance and maximize deductions.This post does not create a CPA-Client relationship.
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4 February 2025 | 10 replies
From the time I started the initial consultation, Tommy was very helpful to provide all the information I needed to have before making my decision to go forward with the rental property.