Jeff S.
Living off rentals
31 May 2024 | 187 replies
More if I am still highly leveraged or if I want someone else to manage for me (which I will)Appreciation is likely 5% so we are looking at 12% total return. leverage will boost it to 17% or so.
Josef Bryan Gerster
Airbnb Listing Help Needed
23 May 2024 | 11 replies
Airbnb boosts new listings, so that helped at first.
Michael Hoover
Yes or NO?... Small Portfolio Buyout from tired Landlord- Rural area of MS.
25 May 2024 | 11 replies
Money Compare:Add additional homes - with this extra 70-80k/yr can add a boost of 920/mth or 11,040yr passive.
Azita S.
Anyone Looking at Investing in GA Near the up and Coming Hyundai Mega EV Plant?
22 May 2024 | 7 replies
Would a mega plant boost the local economy and real estate market?
Aroldo Gonzalez
Second property investment
23 May 2024 | 5 replies
If possible, I think the best thing would be to boost earnings and use savings for your second primary.
Patrick Ulmer
New to investing
22 May 2024 | 11 replies
@Patrick UlmerIf you're eyeing real estate to boost your wealth, start with these steps: Dive into learning (read, listen), set clear aims (do you want steady cash, value growth, or both?)
Skyler Lehman
Property management Pricing
22 May 2024 | 19 replies
Regarding if you should DIY manage or hire a PMC:Many new investors read a couple of posts and then think self-managing their rental property, and avoiding PMC charges, is an easy way to boost their ROI.The reality, is that many of these investors really haven’t taken the time to properly understand what it takes to properly manage a rental property and the corresponding tenants.Here’s a list of some of the requirements to properly manage a rental property:Knowledge of all local municipality, state and federal landlord requirementsIntimate knowledge of all Fair Housing statutesUnderstand all federal privacy laws, as they’ll be handling social security numbers and IDsProper business insurance in the event their computer is hacked and or they improperly dispose of tenant data.Where to advertise their rental, other than ZillowWriting ads compliant with Fair Housing statutesCreating a process to accept calls/texts and schedule prospects to show their rentalA rental application and application fees that meet all local and state requirementsKnowing how to screen applicants to avoid professional tenants and the growing amount of fraudulent dataA lease compliant with all local, state & federal lawsUnderstanding local and state requirements regarding security deposit collection and holdingRent acceptance options for tenants and accounting system to track, including late fees, etc.Plans to handle nonpayment of rent issuesKnowledge of their local eviction laws or access to an attorney familiar with evictionsHow to accept, track and respond to tenant maintenance issuesBuilding a list of handymen and contractors for maintenance and turns between tenantsExpertise at evaluating tenant damages to charge against security deposit when tenants move outResearching local utility requirements to avoid suspension of services that could lead to frozen pipes or flooded basements, etc.
Michael Snider-Held
Finger lakes region small town STR tax. Need help preparing for assessment appeal
22 May 2024 | 13 replies
In the end it took 100k off my tax basis which is still a large increase but I can afford it without having to sell and it gives me a huge equity boost so my quarter million dollar house is now a half million dollar house but it being taxed at 400k which was bound to happen sooner or later.thanks everyone for the help!
Matt W.
Help me decide between a 1031 DST vs. a syndication.
22 May 2024 | 31 replies
But in my world it is the only metric that can comprehensively evaluate a real estate investment opportunity.Of course, the thing that boosts your IRR to the moon is debt.
Zander Kempf
Best website / direct booking platform?
21 May 2024 | 9 replies
Boostly is good but they have been struggling to get people's sites up and going.