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22 February 2025 | 48 replies
It might be for Scott J because he has relationships he has honed over the years but for the average student this is imply not anywhere near reality or repeatable to where you going to retire on cash flow..
12 January 2025 | 10 replies
Then it's just a matter of finding your next flip and rinse/repeat the process.
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26 January 2025 | 48 replies
If for some reason I have a weekend open in season I will reach out to my handful of repeat guests and offer 10% discount.
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19 January 2025 | 56 replies
And the pattern of no response to emails is back again.This repeating pattern makes us regret the descision of investing with them.
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8 January 2025 | 9 replies
Be mindful of short-term capital gains tax, as profits from flips held for less than a year are taxed as ordinary income, and frequent flipping may result in self-employment taxes.While profits from flips do not qualify for 1031 exchanges (since flips are considered inventory, not investment properties), you can minimize your tax burden by deducting allowable expenses like renovation costs, loan interest, and holding expenses.If you're considering diversifying into rentals, explore opportunities to benefit from long-term tax advantages such as depreciation and lower long-term capital gains rates.
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30 December 2024 | 7 replies
The tenant frequently informs me the interior temperature only reaches 68 degrees.
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16 January 2025 | 19 replies
This is just a repeat of what happened in the last down cycle, even though it happened over a decade ago.
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3 January 2025 | 1 reply
It'll be easier to manage and you could have less frequent turnover.
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1 January 2025 | 26 replies
There are some “hot button” topics on BP which bring out “knee jerk” reactions and sometimes incorrect assumptions from some of us long time and frequent participants.
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8 January 2025 | 10 replies
That is why BRRRR (Buy Rehab Rent Refinance Repeat) is so popular.