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1 February 2025 | 51 replies
Whomever will do her taxes when she does sell, (can be done prior, and should be asap) will have to submit a change of accounting method form .....I've had multiple clients that never took depreciation and when they sold, we had to fix it...doing your own taxes isn't as easy as some tax software companies make it seem
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7 February 2025 | 2 replies
(aka the BRRR method).But, if you stay on the sidelines, acting fearful and not greedy, you will reap the benefits of neither.Again I do think we see an early pullback in 2025, in the first 100 days.
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5 February 2025 | 35 replies
My answer, yes I currently am buying a $165,000 property in Phoenix (not listed on the MLS) using one of my methods to find, using only $5,871 plus closing costs of my money.
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22 January 2025 | 22 replies
I hope to find a single-family home with at least 4 bedrooms, use the BRRR method to turn it into a short-term rental property.
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16 January 2025 | 1 reply
What are the best methods to independently verify zoning and land use data to ensure compliance with local regulations?
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15 January 2025 | 9 replies
And while nothing is foolproof the most consistent method of finding good vendors is relying on OTHER real estate investors that have worked with those vendors.
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26 January 2025 | 3 replies
With a large portion of the incoming migration coming from international residents moving to the District, emphasizing improving and bringing back Washington D.C. sports teams to the city should create a strong desire for domestic residents to want to live near a fun, community engaging activity that is very relevant to those that live in and around the city.The District also has other programs it is running to make the District more attractive to live in outside of just working in the area, such as the Office to Anything program (Source) and the Housing in Downtown program (Source) which will incentivize developer through tax credits to convert office buildings into new construction housing and new construction retail properties, which should continue to attract more residents back to the area.D.C. also understands that with all of these big changes we have seen, the strategy and allocation of resources from the government moving forward should be reassessed to create a city that is adapting to the future trends to remain a safe and desirable place for residents to live.
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10 January 2025 | 20 replies
What other methods should I use to acquire another property?
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20 January 2025 | 8 replies
House hacking is the best tried-and-true method for new investors in my opinion.
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17 January 2025 | 23 replies
In both cases, having a property manager who can adapt to the specific needs of each asset type is essential.I believe that the best property managers understand that profitability and customer experience are not mutually exclusive—when both are done well, everyone benefits.Thanks for bringing up this great discussion!