Trevor McCormick
Advise on Purchasing my first STR in Kissimmee Florida
29 January 2025 | 18 replies
To have a successful STR I HIGHLY recommend listening to this episode of a podcast: https://podcasts.apple.com/us/podcast/on-the-market/id161508...Once you listen to this, and any highly involved STR operator will agree, you will find a lot of the fundamentals are lacking in Kissimmee or you have to have deep pockets to hit those.I won't spoil the episode, but if you listen to it (and anyone out there that does) feel free to DM me afterward and I'd be happy to talk details tailored to your situation on if you're on the right path or maybe I can help.
Bree Jimenez
Hi everyone, excited to be apart of this community.
28 January 2025 | 22 replies
This way, you can easily revisit details and pick up right where you left off.Avoid cutting corners to save money, as it often costs more in the end.
Eryn Garcia
My pickle/real estate woes, help/suggestions
19 January 2025 | 5 replies
Give them all the details, contact information, time lines, relationships, etc.
Dylan Gomez
Inherited a property and remodeled it now its ready to sell
28 January 2025 | 11 replies
The $80K from the HELOC used for personal debt won’t affect taxes but must be repaid upon sale if tied to the property.To minimize taxes, keep detailed records of your remodel expenses and selling costs to adjust your taxable gain.
Simon Walker
Where to take the journey?
12 January 2025 | 7 replies
I wasn’t trying to be long winded, with too much detail, in my initial post but I actually did this method on a fix and flip.
Ricky R.
Syndicated Deal Analyzer?
25 January 2025 | 29 replies
I'm sure the one Chase will send you is thorough, detailed and will do the trick.I purchased @Michael Blank's Syndicated Deal Analyzer however, and I do enjoy using the tool.
Celine Besson
Managing a renovation from afar
14 January 2025 | 6 replies
The key is a great contractor and a clear, detailed, well-thought-out scope of work.
Brice Alef-Torrisi
Managing finances between multiple properties
14 January 2025 | 7 replies
@Brice Alef-Torrisi To manage finances for multiple properties, maintain separate bank accounts for each property if held under different LLCs to avoid commingling, which could jeopardize liability protection and complicate tax deductions.If properties are under one LLC, using a single account is fine but requires detailed record-keeping for each property.
Carlos C.
Mark J. Kohler consultation
31 January 2025 | 22 replies
OK... thank you for the detailed response.
Elisabeth Hansel
Diligent and Determined Rookie!
10 January 2025 | 6 replies
What about a duplex in Sav like this: https://www.realtor.com/realestateandhomes-detail/1514-Augus...?