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13 January 2025 | 4 replies
If they get married it will help her earn SS benefits, etc etc.
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13 January 2025 | 8 replies
Options like a unique amortization schedule or a 3/2/1 or 2/1 stepdown interest rate could provide initial relief to get you through the renovation phase while giving the seller confidence in a structured payoff plan.To determine an entry point, consider reducing the price based on the current NOI.
17 January 2025 | 7 replies
Many PMs ask for this in their agreements to reduce their own liability exposure.
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26 January 2025 | 11 replies
If you need to get it rented fast, a great property manager would list the home for $2100 (below market) and get several quality applicants competing against each other to drive the price up to the max so you don't risk vacancy by starting out too high and gradually reducing to find the sweet spot.
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21 January 2025 | 10 replies
I have some clients who prefer to have a PM for maintenance/contact/rent collection/general management and will place tenants and write leases for themselves in exchange for a reduced rate.
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18 January 2025 | 8 replies
You will still earn on them.
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21 January 2025 | 10 replies
Once in service, expenses become deductible, reducing taxable rental income.This post does not create a CPA-Client relationship.
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19 January 2025 | 18 replies
Out-of-state investing makes the most sense for me—it’s impossible to cash flow anywhere near me, and moving wouldn’t make sense because I wouldn’t be able to earn the same wages or find the same kind of jobs.Before this purchase, I already owned two properties: a long-term rental outside Houston, Texas, and a short-term rental in the Sierras in California.
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29 January 2025 | 68 replies
When investors invest their hard-earned money into a project, we expect the highest possible return.
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24 January 2025 | 0 replies
Over time, as property values increase, your wealth grows.Tax Benefits: Rental properties offer tax advantages such as depreciation and mortgage interest deductions, which can help reduce your overall tax liability.Scalability: Once you’ve mastered the BRRRR method, it becomes easier to replicate.