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1 December 2024 | 134 replies
Is only sheet rock .Like one of the colleges said for a rehab and flip is a great deal.Now if you purchase to live in it ..Definitely a loss.
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21 November 2024 | 12 replies
We've got a tent site without RV hookups listed for $25-30/nightWe haven't gone into event venues, but mainly because there's a quite popular one a few hundred yards away down a dirt road.
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18 November 2024 | 11 replies
McKinney, with its stable rental market, is popular for long-term rentals.
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18 November 2024 | 17 replies
Once HGTV picked them up, "Fixer Upper" quickly became the channels #1 show and eventually became the fifth most popular show in all of television, worldwide.
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1 December 2024 | 377 replies
Rock-on, Collin!!!
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21 November 2024 | 39 replies
Some of the simpler asset protection solutions would include the following: having max funds allowed in qualified retirement plan or IRA rather than personal as retirement plans are exempt assets in Federal and most state bankruptcies; investing through an annuity if your state (Florida and Texas for example) exempts insurance policies and defines annuities as an insurance policy; taking advantage of maximum homestead exemption in your state; use of corporations or more popular LLC or Series LLC to limit liability to the entity holding the asset; reasonable liability insurance if available; separating asset ownership from asset management; etc.I can design a simple, cost effective asset protection strategy of up to about $5million with little cost IF the individual resides in Texas or Florida.
19 November 2024 | 28 replies
I'm originally from Western PA as well (Slippery Rock) and now reside in Atlanta.Here is how I am looking at it along with the assumptions I am making:1) I think the growth prospects are better in the Atlanta market than Pittsburgh from a pure demographics standpoint.2) I estimate your return on equity at 7.2% currently3) Over the long haul appreciation is going to take you further when it comes to net worth than cashflow will4) Doubling of the roofs is doubling the expensesThings to consider:1) What is the year built of your Atlanta property vs. what you could replace it with in PGH?
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18 November 2024 | 16 replies
Hey Phillip - DSCR's have become a popular route for the refi portion on BRRRRs.
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15 November 2024 | 5 replies
It is the most popular software in the industry, and most Tax Preparers are familiar with it, which makes tax season easier.My Recommendation: Spreadsheets are usually fine for your first 1-3 properties. 3+ properties, you should use a software.
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14 November 2024 | 7 replies
It also has become a popular travel destination over the last 5 years or so, so there has been an increase in competition in the STR space as well.