
5 December 2024 | 6 replies
And therefore competition among tenants can create significant challenges, like...Businesses may struggle to establish a unique presence and loyal customer base, and a lack of profitability due to nearby competition will likely lead to higher tenant turnover.

4 December 2024 | 4 replies
hey @Matthew Toporowski, at the least I would check their financials/tax returns to see how profitable they are (which translates into how easy it will be to pay your rent).

3 December 2024 | 8 replies
One of the key benefits of a DSCR loan is that it allows you to qualify based on the rental income the property is expected to generate, making it ideal for those with multiple properties or who may not have a strong personal financial profile or W2.

5 December 2024 | 18 replies
I charge 150 cleaning fee so this doesn't take away from my profits.

6 December 2024 | 12 replies
Fix & Flips can be profitable too, but the key is knowing the local buyer demand.

4 December 2024 | 0 replies
Whether it’s problem-solving on the fly, handling difficult conversations, or simply staying calm in the chaos, these experiences are shaping me into a better landlord—and, hopefully, a better person.Real estate isn’t just about turning a profit.

3 December 2024 | 10 replies
All they had to do was finish the work, sell the property, and they would get all of their money back plus profit.

8 December 2024 | 26 replies
A 1031 exchange is NOT available for owner occupied property so that’s the bad news.The good news is for owner occupied primary residences, for married couples, the first $500,000 of pain is tax free.No need to worry about a 1031, live in the house, sell it, use the $500,000 exclusion and you pay KP tax on whatever profit may exist,2.

3 December 2024 | 18 replies
Look for areas that are going to generate a lot of visits year round.

5 December 2024 | 4 replies
The IRA will buy the property and own it, so the rents and profits must go into the IRA.