Andrew Galloway
House Hack New Construction FHA
9 September 2024 | 0 replies
If targeting new construction, keep searching for an extended period of time until you find a builder that has a good deal, avoid builders that clearly will be difficult to work with, it was easy to spot.
Nazimuddin Basha
Strategies to Combat Negative Cash Flow Due to Property Tax and Insurance Increases
11 September 2024 | 9 replies
If you own multiple properties, vendors may offer discounts for securing long-term contracts.Reassess Your Debt Structure→ If your mortgage terms allow it, you could refinance to a lower interest rate or extend the loan term to lower your monthly payments.
Michael Aguirre
MTR Process from Inquiry to Lease Signing Process
12 September 2024 | 25 replies
I also let people know they can't extend beyond x date.
Steven DeMarco
Almost 2 years in and haven't made any money (via cashflow)
20 September 2024 | 114 replies
HVAC, I genuinely feel that the guest experience would have suffered if I didn't provide central AC.There really isn't a business case here other than "make the property as good as it can be" which I can see is not optimal from a capital perspective.
Charlice Arnold
Navigating Your First Fix-and-Flip: Insights and Tips
9 September 2024 | 3 replies
Issues like contractor delays, supply shortages, or unforeseen repairs can extend your timeline, which adds to your holding costs (mortgage, utilities, etc.).Tip: Factor in extra time for delays and have a backup plan to stay on track.Over-Renovating: Many new investors fall into the trap of over-improving a property, especially when they try to bring in their own taste.
Kay B.
No shower for 3 days due to necessary repair
11 September 2024 | 31 replies
My main concern is that the contractor does not extend past the 3 days and take any time off for weekend.
Billy Knox
Why use a Real Estate Agent?
20 September 2024 | 73 replies
Just look to Zillows suffering of this.
James McGovern
Strategies for profiting off illegal immigration?
7 September 2024 | 19 replies
Separately, there are tons of older extended stay hotels in all the major growth cities with people living in them paying (fairly high) monthly rates due to convenience or lack of qualification for typical rentals.
Sean O'Keefe
Senate Blocked Tax Bill With 100% Bonus Depreciation
6 September 2024 | 13 replies
Which we should not debate here.The tax bill that would extend 100% bonus depreciation failed.
David P.
Buying a property with 2 unpermitted units
10 September 2024 | 19 replies
This in effect makes unpermitted units have protections that extend beyond permitted units, but that was not the intent but likely was required to ensure safe unpermitted units were not shut down.