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7 November 2024 | 8 replies
Subtract depreciation, explained here:https://www.biggerpockets.com/forums/51/topics/1121063-expla...Because of Step 2, depreciation, many cash-flowing rentals end up showing $0 net profit, resulting in no tax increase and sometimes in tax decrease.
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4 November 2024 | 1 reply
When renovating a walk-out single-family home to create a separate legal unit in the basement, removing the interior stairs can increase usable square footage and enhance security between the two units.
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6 November 2024 | 8 replies
Personally, I would not create a conversation around this "risk" as that is a sure fire way to increase the sellers anxiety.
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5 November 2024 | 5 replies
Personally I'd rather sell or trade down @Bob Willis. if I needed to increase my lifestyle which I don't.
3 November 2024 | 0 replies
The property had good bones and a solid structure, making it a great candidate for renovations that could increase its value.
3 November 2024 | 0 replies
The property had good bones and a solid structure, making it a great candidate for renovations that could increase its value.
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6 November 2024 | 10 replies
The multi-family market has remained strong, and if rates decrease I think we see more buyers in the market irregardless of property tax increases.
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6 November 2024 | 42 replies
Lake Conroe will only continue to rise in population and value of homes in the area.
4 November 2024 | 8 replies
I have not increased their rent (although I should have).
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30 October 2024 | 4 replies
Those rent increases have pushed some lower-income tenants to the brink of what they can afford.