Katie Southard
Do I sell my rental property and take the cash tax free?
28 January 2025 | 1 reply
If this property is hard to rent, or is functionally obsolescent (only 1 bathroom, no yard, etc), or has deferred maintenance that will be costly, or is in a location that is not appealing to Tenants, then maybe a sale would be a good option in favor of a property that has better Tenant appeal, which will likely increase rent and avoid long vacancies in between Tenants.An option to consider....
Jamie Parker
Vacant Lot Purchase
8 January 2025 | 7 replies
I attached some visuals to give an ideal of the type of area.
Gil Canfu
🚨 Dallas Real Estate Investors - Need Your Insights! 🚨
28 January 2025 | 13 replies
Focus on neighborhoods like Northeast Dallas (Richardson, Garland) for tech job proximity and great schools, or Oak Cliff (Bishop Arts District, Kiestwood) for gentrification and trendy appeal.
Jared Haxton
Setting Up and Marketing 4.25% Seller Finance Deal
17 January 2025 | 7 replies
I’d love your input on whether this deal could appeal to investors and how best to structure it.Property Details:Worth: ~$300,000HOA: $273/month, Taxes/Insurance: ~$170/monthCurrent Rent: $1,880/month (long-term); next tenant advertised at $1,950/month.Mid-term rental potential: ~$2,400/month (I haven’t tried this, but it’s my estimate).My Financing Idea:Large down payment: ~$125,000 (This is my priority to reinvest elsewhere).Seller-financed balance: ~$175,000 at 4.25% for 30 years.Buyers take over taxes, insurance, and HOA.Questions:1.
Landon Sheveland
Common Mistakes/ Beginner (Fix and Flip)
27 January 2025 | 10 replies
Quote from @Landon Sheveland: Curb appeal to attract attention, then kitchens and bathrooms are usually the most important areas to focus on.
Yael Doron
Title: New to BRRRR in Queen Creek, AZ – Seeking Advice and Connections!
22 January 2025 | 8 replies
Local Institutions: We’re curious about schools, community centers, and other amenities that make certain neighborhoods more appealing to tenants.Additionally, we’d love to connect with:Experienced real estate agents who know the market inside and out.We’re eager to learn and truly appreciate any insights, advice, or connections you can share.
Byron Umana
New to Airbnb Hosting? Here’s a Step-by-Step Guide to Get You Started!
20 January 2025 | 8 replies
It’s inexpensive to provide but can make a big impact.Comfortable Bedding: Investing in high-quality mattresses, pillows, and linens improves the guest experience and leads to better reviews, which can boost occupancy rates.Smart TV or Streaming Services: Offering Netflix, Hulu, or similar services is a low-cost way to enhance guest entertainment and stay competitive.Fully Stocked Kitchen: A well-equipped kitchen with basic appliances and utensils appeals to families and long-term guests, saving them money on dining out.Dedicated Workspace: If your property caters to remote workers, adding a small desk and ergonomic chair can set your listing apart.Outdoor Spaces: If your property allows, an outdoor seating area, fire pit, or hot tub can significantly increase your nightly rate and attract more bookings.Energy-Efficient Features: Guests appreciate eco-friendly options like LED lighting, smart thermostats, or solar panels, especially in eco-conscious markets.Keyless Entry: A smart lock is a relatively small investment but offers convenience and security, which many guests value.If you’re deciding on amenities to add, it’s always a good idea to research your local market.
Andria Kobylinski
Boutique Hotel Investing - Financing
21 January 2025 | 15 replies
As mentioned by @Chris Mason, Bridge Loans: These short-term loans can provide immediate financing until more traditional financing becomes available or until the property stabilizes and becomes more attractive to lenders.Interest rates and stipulations may be a pain.Out of the box here and requires a few more research, SBA Loans: Small Business Administration loans can be an option, especially the SBA 7(a) loan program, which can be used for hotel acquisitions.I heard someone mention - Mezzanine Financing: it involves a combination of debt and equity financing, which might appeal to some investors looking for higher returns.
Bryan Christopher
Post sale - Buyer making legal threats about an appliance
17 January 2025 | 7 replies
(As appealing as that sounds) Then you countersue them.