Couple things I wish someone told me when I rented out my primary in Katy:- your taxes will go up dramatically over time - cash flow is inconsistent- while Katy is a fantastic rental market it's still competitiveTo answer your questions: - yes, the homestead exemption will increase your taxes at a faster rate but you can protest them either yourself (I don't recommend as I've tried and it was a pain) or with a professional service- To start, you're either going to pay for books, classes, etc. or pay the school of hard knocks.

List on facebook/Boost post2.

Other than perhaps property taxes, turnover is generally the biggest single operating expense you will endure as a buy-and-hold real estate investor. And unlike property taxes, it’s something you have a lot of control...

While long-term rentals are still an option, I’m noticing that many investors are shifting towards STRs to boost their net profit.Here’s where I stand:VA Loan for leverage: I’ve found some great properties that could allow me to house-hack or set up a traditional rental.

Having the stadium, there will be a great boost to the very hyper local economy.

As you know our area is very neighborhood centric and price varies dramatically.

In their minds nothing could ever go wrong because if rents didn't increase dramatically or costs increased dramatically they could just refi till you die (exit, in their case);2.

After I took over management, I stopped the bleeding and increased her income dramatically.

I will hopefully be able to pay some of my debt next February which would in turn hopefully boost my credit score.So my question is: What do I do in the meantime?

The wealth of knowledge shared in this community has not just boosted my skills but opened up new pathways for me in the real estate realm.