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7 January 2025 | 16 replies
In Portland for example we are not allowed to increase rent more than once in 12 months, and it must be less than 10% increase in "effective rent".
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3 February 2025 | 31 replies
They don't mention anything about paying payroll taxes, workers comp, complying with laws, etcReal estate agents can have a team around them where they do have employees if they have admin/support or marketing team.Regardless, if you want to interchange small business for commissioned sales people in my post you can.My post was mentioning that service providers in the real estate space are incentivized by their advertisements as it will increase their annual income.
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14 January 2025 | 19 replies
While the vetting of residents is greater with FF over an Airbnb or similar platform, I think Airbnb overcharges for the increased convenience.
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5 January 2025 | 8 replies
Also the school districts have been increasing property taxes in A LOT of investment properties thus eating some of our profits.
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16 January 2025 | 13 replies
I've had to override Christmas 2025 to make it higher because PriceLabs has it too low...but if I increase my base rate, the other dates are off...this may fix itself over time as PriceLabs learns my occupancy and rates, not sure).
14 January 2025 | 7 replies
If you have access to some money you can increase your equity in one jump.
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11 January 2025 | 4 replies
Palm Coast, while not as flashy as Miami, is indeed growing rapidly, with increasing interest from higher-income professionals and retirees.
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12 January 2025 | 8 replies
Depreciation recapture applies at ordinary income rates capped at 25%, increasing your tax liability.
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8 January 2025 | 7 replies
With no comps in the area for new construction and the highest rehab selling for 205k, building enough at the onset, 4-6 new construction homes, may be the only way to start a neighborhood turn.The city is looking to increase density in the area and add anchor points in near the area to cater to future investment.
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10 January 2025 | 1 reply
Then the remaining profits get distributed at whatever split you both agree to...I often see it start at 25/75 (75 to the person in your position) and then maybe increase it to 40/60 or 50/50.It would really help if you could provide some numbers on your deal.