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24 February 2025 | 6 replies
Without a specific use for losses generated; utilizing a cost segregation study to generate large losses you can't use won't benefit you. - Are you or your spouse an IRS real estate professional?
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20 February 2025 | 1 reply
Successful flippers are:- Building relationships with reliable contractors- Ordering materials well in advance- Being strategic about which renovations will truly deliver ROI Regulatory EnvironmentRecent changes to Phoenix building codes have emphasized:- Stricter energy efficiency requirements- More rigorous inspection processes- Additional permits for certain types of renovationsBe prepared for longer permitting timelines than in years past.Financial ConsiderationsThe financing landscape has evolved significantly:- Hard money lenders are offering more competitive rates (7-9%) than the 12-14% seen in 2022- Several Phoenix-specific investment groups have emerged that pool resources for flips- Traditional lenders now offer more renovation loan products tailored specifically to the Arizona marketThe Bottom LineThe Phoenix market in 2025 offers solid opportunity for house flippers who approach projects strategically.
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24 February 2025 | 35 replies
The above is one specific example.
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17 February 2025 | 4 replies
When it comes to investors specifically, I recommend attending any and all real estate meat ups.
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21 February 2025 | 3 replies
I used it for the first time with my most recent renter, secured through Furnished Finder, and when my renter decided to stay beyond the inital two-month lease, Worry Fee Waiver asked specifically for a lease extension, not a new lease, indicating the switch to month-to-month.
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25 February 2025 | 15 replies
Here are some popular options that have good reviews:https://clockify.me/https://toggl.com/track/https://repstracker.com/REPS Tracker is interesting in that it's specific to REPS, but it seems like of silly to have to pay $30/month for such a simple app.
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23 February 2025 | 14 replies
My wife and I specifically searched for a fee only financial planner who claimed to know how to work with real estate.
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25 February 2025 | 5 replies
I would recommend figuring out your specific goals firstly.
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24 February 2025 | 6 replies
Same w/ the folks down at planning & zoning, they're super helpful. i'm in knoxville so happy to talk property specifics. sounds like a cool play. you'll be fine as an owner occupant and city STR rules.
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17 February 2025 | 7 replies
There's no way around it unless you specifically work for one person only.