Will Mejia
Just sold a Rental Property. IRS is going to kill my gains help!!!
30 August 2024 | 29 replies
Before you look to see if there are ways to avoid paying the tax, you should have an idea of how much tax you will pay.If the tax burden is small / zero, there may nothing that you have to do.If the tax burden is large, then you may want to consider some strategies to decrease the tax burden.Best of luck.
Ankit Rathore
Points buydown vs principal reduction with seller's credit
22 August 2024 | 5 replies
This is a personal opinion of mine, but I have never been a fan of temporary buydowns.
Jacopo Iasiello
🇺🇸❤️🇮🇹 South Florida Market Stats for Palm Beach for the Month of July 2024
25 August 2024 | 1 reply
Closed sales have decreased by 6.9% year-over-year, with 880 transactions in July 2024.
Melissa Faraias
My rental won't rent. What are my next steps?
29 August 2024 | 43 replies
I know it is painful when you have bern decreasing the rent already.
Brian Coffey
Just bought prime 4-unit in Chicago....
23 August 2024 | 6 replies
Well that's what I'm trying to figure out, from a room-mate perspective, if the decrease in what the two non en-suite bedrooms needing to share a bathroom with a third (fourth in total) roommate is worth the extra rent I could charge.
Brandon Brown
Replacing boiler and old forced air AC with Heat Pump in Chicago
23 August 2024 | 12 replies
Lots of our clients are interested in mini splits, but they always seem too expensive...all our subs tend to only like Mitsubishi, which is pricy.The heat pump will indeed still function in colder temperatures, but its heating capacity gradually decreases as the temperature drops.
Lily Wang
any lucks of investing MTR in Houston
21 August 2024 | 8 replies
MTRs can offer a nice balance between the steady income of long-term rentals and the high cash flow of STRs without the constant turnover.In terms of locations, I've noticed that areas close to hospitals or corporate hubs tend to do well since travel nurses and professionals on temporary assignments often seek out these rentals.
Cody Sears
Creative ways to increase income/ROI
23 August 2024 | 11 replies
So although the goal is increasing rental income, I would also focus on decreasing expenses.
Grady Gilman
Should I get pre-approved before finding agent?
23 August 2024 | 9 replies
Either a lender or an agent is going to want to feel confident that you are working with someone on the other side that will actually be able to help you and will get the deal done but as long as the professional you choose has that ability there is no reason that would increase/decrease your relationship with them.In terms of the credit check - this is important.
Carlos Lopes
Buying STR in Destin/Fort Walton Beach
26 August 2024 | 25 replies
At least we're not seeing steep increases like a couple of years ago and in some areas (PCB and 30A) there are even some price decreases.