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31 January 2025 | 11 replies
If Oak Park allows STRs, leveraging that history could make the property stand out.That said, unless the home has been preserved as a landmark or has unique historical features, the value boost may be more about novelty than a significant price increase.
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15 January 2025 | 5 replies
With the increasing number of lawsuits and penalties for TCPA violations, I'd like to cover my backside and remain compliant.How do you scrub your lists to ensure you’re not contacting people on the Do Not Call list?
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31 January 2025 | 27 replies
all are new constructions and I don't know how she is gonna be able to find 750h of work to do in these new construction houses.Any help appreciated I would definitely be talking to a real estate savvy CPA- there are lots of armchair tax experts on BP and you can get really confident and incorrect advice.
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16 January 2025 | 7 replies
Top 3 reasons owners hire PMCs:1) No time to manage correctly2) No time to learn how to manage correcly: laws, documents, processes, etc.3) They're too nice and need someone to "save them from themselves"A good PMC can usually earn their fees by better managing the property/tenant than the owner, thereby:1) Increasing owners net profit2) Decreasing owner's time commitment, stress, headaches, etc.No matter what though, you should always plan to commit a couple of hours a month to manage your PMC.
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28 January 2025 | 11 replies
The fix-up and increased value will not matter to the IRS as long as you sell within a reasonable time frame of the house passing into the estate.
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18 January 2025 | 18 replies
If you spend time learning how to manage well, your income will increase, you'll save time, and you'll maintain your sanity with the courage to expand.
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7 February 2025 | 12 replies
Also keep in mind as time goes on typically your yield will increase because of the rent growth.
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18 January 2025 | 4 replies
In some homes planting the front or placing pots could increase the curb appeal, in others it could be paint or furniture etc.
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19 January 2025 | 46 replies
Death Rate: The death rate has been gradually increasing.
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22 January 2025 | 1 reply
The investor must consider whether the potential property value increase or other benefits outweigh this loss.