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8 January 2025 | 3 replies
The biggest employer in the region shut down about a year ago, and over the past year, the area was directly hit by three hurricanes (two of them major).
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5 January 2025 | 17 replies
There's a decent chance that if you have good credit and improve your DTI over the next year, you can put a Heloc on the property while it's still your primary to unlock some of that equity if needed.
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3 January 2025 | 1 reply
If you already have the judgement you can turn it over to a collector.
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27 December 2024 | 2 replies
I realize this comes with the STR business but if I'm going to continue to use VRBO I need to find away to attract the "good" guests and minimize the bad ones.
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2 January 2025 | 12 replies
Here are a few reasons to use the deferred sales trust over the 1031:The Deferred Sales Trust (DST) gives you the ability to sell high and buy low and relive the 1031 pressure of 45 day and 180-day deadlines.
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1 January 2025 | 7 replies
Someone takes over your STR, they will be starting from scratch.
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3 January 2025 | 12 replies
You risk going over and then you are no further ahead if you sell.If you do renos and rent it for $300-400 a month more, it will take you more than 5 years to get the reno money back.
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2 January 2025 | 3 replies
Today, I analyzed over 10 condos, and while I found one with a positive cash-on-cash return, it was far from impressive.I’d love to hear from experienced condo investors about why this type of real estate might make sense despite the low cash-on-cash returns and HOA fees that cannot be influenced.As a bonus, if anyone has purchased investment properties for their children with a similar goal, I’d really appreciate any insights about your process or results.I am looking at buying 2 investment condos for my children to pay for their college tuition in 13-15 years.
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2 January 2025 | 13 replies
We have a 14-page management contract that we've added our real experiences to over the years, with the intent of protecting both us AND the landlord.
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24 December 2024 | 23 replies
My suggestion is to continue being active on BP, get out to some networking events and seminars and also educate yourself through books and podcasts.