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27 September 2024 | 16 replies
We're not likely to see major appreciation in the coming years, but I do think buyer sentiment will improve which will likely lead to better pricing via competitive offers vs. the current market.
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24 September 2024 | 12 replies
Focus on cash flow and ensure properties generate positive cash flow after all expenses.
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25 September 2024 | 8 replies
Roth IRAs offer tax-free growth, meaning that rental income, appreciation, and gains generated within the account are not taxed, but you cannot take advantage of deductions like depreciation or mortgage interest on your personal tax return.
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26 September 2024 | 3 replies
Contracts, financials, and supporting documents are the backbone of the process, and missing even one can lead to delays or worse.Third-party inspections—like surveys, appraisals, and engineering reports are also key.
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27 September 2024 | 16 replies
Arizona and going for quality properties vs. quantity and long term goals and passing on generational wealth.
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24 September 2024 | 8 replies
The brands I've been bid on have been:Eco WindowsCGI Sparta SeriesLawson IndustriesESWindowsAssuraAssura is from home depot, main advantage i've found is that they have a quick lead time of 4 weeks, compared to everyone else saying 6-8 weeks.CGI I heard its a reputable brand with a good warranty Lawson, cheapest quote but Im' hearing has a huge lead time now and they have been messing up peoples orders with sizes or specificationsES Windows, comes from Colombia and I heard spare parts, replacements and customer service is terribleEco, I haven't really heard much about but price seems close to what I'm being quoted for CGI Spartas Anybody on here with more experience that can help me narrow it down?
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25 September 2024 | 5 replies
Hi Lilly,Having an LLC has some advantages compared to flipping including the ability to deduct business expenses like mileage and meals, which can lead to significant tax savings.
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26 September 2024 | 10 replies
I don't know what drawings were generated by the designer, better to bite bullet and have a local licensed architect do it the right way.
25 September 2024 | 8 replies
We only have this on our 3+ bedroom and it is not a big revenue generator except on our largest houses which do not have much competition as it stands.
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24 September 2024 | 1 reply
I believe the rental market will be strong in the coming years partly because the younger generation of adults are less likely to "settle down," and the price of home ownership is significantly higher than it was just five years ago.