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8 February 2025 | 7 replies
I use this type of system in a ten unit that I own because the cost to submeter each one was cost prohibitive I usually don’t include other items like wifi/internet unless it’s a furnished/short term rental.
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27 January 2025 | 12 replies
My main goals with these initial projects are:1.Gaining valuable insights into the local market.2.Getting hands-on experience with out-of-state investing, particularly when it comes to remodels and managing from afar.3.Testing the entire BRRRR process to see if it’s the right strategy for me long-term.If all goes well, I’d love to scale up and explore multi-family projects.
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9 February 2025 | 4 replies
REI is a long-term venture; if you cannot hold this will be a very difficult process.
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21 January 2025 | 4 replies
What are you looking to achieve in the short, mid, long term?
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23 January 2025 | 0 replies
I would like to add 2 - 6 container living houses for short, mid or long term rental.
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18 January 2025 | 10 replies
Price point I'm not sure on yet, I've been slowly learning about all of these terms over the past month.
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30 January 2025 | 47 replies
But it doesn't seem to be riskier and more doomed to fail than BRRRR and other types of long term holding/land lording.
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1 February 2025 | 3 replies
The Long term, after some reserves, I'd like to bring down the assessment costs since I worry that this will negatively impact the property value.
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20 January 2025 | 3 replies
@Muhammad Kashif Flipping a property in 6–9 months results in short-term capital gains, taxed as ordinary income (up to 37% federally, plus NJ state taxes up to 10.75%).
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6 February 2025 | 28 replies
Working with the city to find a solution.There is a similar situation near me where an investor bought a short term rental house, rehabbed it, ran it for a while, and then got in trouble with the town after a neighbor complained and the town said short term rentals weren't allowed in the community.