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7 November 2024 | 22 replies
You can go there and ask any and all questions you have.It sounds like you are leaning towards continuing to run your own bookkeeping which I think makes sense considering you have a few properties and just started.Bookkeeping for rental properties, especially when rehabs are involved, is more complicated than most people like to believe.
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12 November 2024 | 17 replies
It would allow you to hold the property long enough to see whether the market improves in your favor.It sounds like you’re leaning toward minimizing your risks, so focusing on breaking even in the short term while keeping an eye on appreciation might offer the most balanced strategy.
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8 November 2024 | 38 replies
I would say I lean more towards cities, in case it ever needs to be turned into an LTR, but am open to more vacation-centric destinations.Any advice is much appreciated, thanks!
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6 November 2024 | 42 replies
You are able to find better deals in my opinion and still lean on heavy traffic from the nearby cities from people wanting to escape.
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4 November 2024 | 2 replies
I was leaning towards all the things you said..
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4 November 2024 | 2 replies
The podcasts are a great source of information but lean on these forums whenever you have questions.
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3 November 2024 | 2 replies
I can help you fill your vacancy in your Bethlehem, NH property throughout the summer season, please send me a PM at your earliest convenience, and I’d be happy to discuss how I can assist you.Best regards, Jacob
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12 November 2024 | 171 replies
This will potentially allow me to pay no tax on the capital gain as I will be in a low enough tax bracket to pay 0 capital gain.Bottom line is they are very convenient, and simple but more restrictive and higher fees, resulting in a sub-optimal IRR.
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4 November 2024 | 1 reply
Tax Strategy: Making the 2017 tax cuts permanent to stimulate investment and consumptionMarket implications under Trump include potential for accelerated price growth in existing homes, increased private sector development opportunities, and more flexible lending standards through GSE privatization.Similarly, clever allocators of capital may want to focus on market rate housing and more aggressive development opportunities while considering GSE privatization impacts under a Trump administration.Regardless of who you support or which way you lean, both candidates acknowledge the need for increased housing supply.
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4 November 2024 | 8 replies
The podcasts, the books, the forums, the community, lean into it.