
7 January 2025 | 27 replies
To be fair, I've encountered situations where the Section 8 rent received was higher than what cash paying tenants were paying.

26 December 2024 | 2 replies
Does anyone have any other tips and tricks for helping out the appraisal process so I can get the best out of the situation. also what what other things can I put in the folder to give him or what you've done in the past?

26 December 2024 | 7 replies
These areas tend to attract more reliable, long-term tenants who are usually more financially stable and take better care of the property.

1 January 2025 | 12 replies
@Kendric BufordRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

27 December 2024 | 27 replies
One of the biggest challenges of investing in Rustbelt cities is knowing where to invest and properly understanding the cooresponding pros & cons.Here's copy & paste advice we share to help to address this challenge:-------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

25 December 2024 | 3 replies
However, this could also portend our own situation in a year's time if we take them.

29 December 2024 | 11 replies
If you are looking at nationwide, maybe narrow it down to 5 or so markets that interest you and look good financially.

27 December 2024 | 2 replies
We plan to remove them all to protect from tax increases on our current primary, but I am afraid that now that the other properties won't have homesteads, we may see skyrocketing tax bills and it will eat into already small cash flow from rental income.Does anyone have advice for how to handle this situation other than just increasing rent?

3 January 2025 | 8 replies
I see that I wasn't clear in my description of our current situation and our goals.

26 December 2024 | 7 replies
Be sure to consult with your CPA to determine if you can utilize these deductions based on your specific tax situation.