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5 February 2025 | 4 replies
I have 3 per property and find that to be the best way for me to take advantage of their high APY and also keep things super organized.
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3 February 2025 | 8 replies
Looking at your posts your in Maryland a high density area.3.
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2 January 2025 | 7 replies
While opportunities still exist, I think they are still rare with interest rates and property values high.
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8 February 2025 | 13 replies
Have you considered fully turnkey properties in high-demand rental markets?
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27 January 2025 | 1 reply
BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.
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31 January 2025 | 7 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
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7 February 2025 | 10 replies
High earners should also consider estate planning tools like trusts or Family Limited Partnerships (FLPs) to minimize future tax burdens.Given his income level and tax complexity, consulting a real estate-focused CPA is essential to maximizing deductions and optimizing tax efficiency.This post does not create a CPA-Client relationship.
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8 February 2025 | 4 replies
Are there other ways to avoid the high tax on these gains?
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8 February 2025 | 6 replies
My understanding is that if you've given the neighbor written notice of the need to maintain / remove the tree, if it falls it's considered an act of nature (high winds) and you have to deal with it.
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8 February 2025 | 1 reply
He found that the moisture levels in the walls are extremely high, indicating significant damage.