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31 January 2025 | 8 replies
As you can see we are still cleaning up a few major things, so we probably can't work on that right away.
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27 February 2025 | 11 replies
You can contribute in 2025 up to $70k in a Roth account or use back door methods to do same thing after contributing to your Solo401k.
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8 February 2025 | 22 replies
This is the simplest method, but it also means your tenants are more likely to abuse the utilities by leaving windows open with the heat or A/C running, leaving lights on, ignoring the toilet that constantly flushes on its own, etc.3.
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28 January 2025 | 29 replies
You have to set them up, market, book and clean.
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29 January 2025 | 4 replies
Keeping clean records from day one really helps when tax season rolls around.
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28 January 2025 | 3 replies
Stand out, be unique, and offer something of value that you would love if you were a traveler (cleaning service, amenities, a theme, etc.)Happy to help you find a place if you want some help on the agent side.
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10 February 2025 | 6 replies
Maybe if I was younger it would make more sense, but staying with the method I've used over the last 10 years will only become more refined and efficient.
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4 February 2025 | 24 replies
Even with that, I had vacancy for 3 months, turnover expenses (rekeying, deep cleaning, etc), paying the one month lease to find a new tenant and also the new tenants are in at a lower rental rate then the prior tenants. (1500 to 1350)My Little Rock tenant has been paying but already slightly behind.
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23 January 2025 | 7 replies
I have some of the required funds in a HYSA, but will most likely need to draw from another account and I'm curious which method is the most efficient in terms of taxes/capital gains, penalties, loan repayments, etc.Based on my previous transactions in the market, I estimate ~$45k cash to close: $20k for the down payment, $15k for closing costs and prepaids, and $10k of starting reserves.
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4 February 2025 | 7 replies
Whenever I show the property, I try to make it as clean and organized as possible so that it looks appealing to whoever is interested.