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18 November 2024 | 14 replies
Unfortunately, we live in California so we would have to pay significant capital gains if we sell.Hi Scott, depending on the property and if you’re willing to invest in quality interior design, you could make more money as an STR.
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14 November 2024 | 1 reply
We gutted the interior down to the cinder blocks, re-designed the unit layout to fit a more modern lifestyle.
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10 November 2024 | 9 replies
That's rough, nothing's going to look very aesthetic.
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14 November 2024 | 25 replies
If you're okay with not having any of those, then hey, they're an amazing free option that your tenants will like.Landlord Software: Software and platforms designed specifically for landlords and typically have more than just rent collection.- Pro's: Additional functionalities, such as tracking maintenance, automated bookkeeping, screening reports, etc.
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7 December 2024 | 150 replies
Some had other events in other states designed to elicit high emotions and fun, solidifying what was basic information as something secretive, which it really wasn't, it was just more enjoyable and easier to learn in the 'fun zone'.
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14 November 2024 | 6 replies
Yes I have answered this numerous times on other threads, but bullet points:1 - If you are considering a PM, now would be the time to hire as you can lean on them most likely.2 - Look for designers in the area.
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15 November 2024 | 7 replies
Any amount over your adjusted basis in the property (initial cost minus depreciation) could be subject to capital gains tax unless you reinvest it strategically.2. 1033 Exchange (Involuntary Conversion): A 1033 exchange (involuntary conversion) is specifically designed for situations like fire, natural disasters, or eminent domain.
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14 November 2024 | 1 reply
I do not want to use a will or trust to designate inheritance after my death.
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15 November 2024 | 10 replies
It's user friendly, with a modern design.
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22 November 2024 | 92 replies
Here's my primary reasons:Expenses disproportionately impact lower rent collecting properties For illustration purposes compare two identically designed 1+1 duplexes in the same market.