Justin Cummings
BRRRR exit strategy or next steps?
20 November 2024 | 14 replies
This will lower interest costs and free up future cash flow for reinvestment or reserves.Tax Planning: Work with a CPA to mitigate tax impacts from principal-heavy payments and potential gains.
Mo Karim
Midterm Rentals in Dallas-Fort Worth
14 November 2024 | 19 replies
City of Dallas Short-Term Rentals code How is that impacting MTR in Dallas?
Shane Pearlman
[Timely] Tax appraisal changed property from 4plex to duplex / 2 townhouses?!?
15 November 2024 | 7 replies
And the reality is the lot is NOT split, and the real cost in doing so, the impact on cashflow and the risk to my loan make it an untenable effort unless I planned to sell right away.
Thomas A. Rufo
Short Term vs Long Term
18 November 2024 | 13 replies
.- The numbers may have an impact on your decision.You may also want to read your condo's Home Owners Association Master Deed & Bylaws to make sure there are no restrictions on any type of rentals. - Many HOAs have LTR restrictions and some now have implemented STR restrictions.Also, hopefully you've updated the home insurance policy of your current STR rental from a homeowner's policy to a landlord policy.
Sara F.
AirBnB Setup from a Distance - Need Advice
14 November 2024 | 6 replies
Not only will you save thousands of $$, you will have control over what is going on and avoid getting taken advantage of.This can also impact tax benefits.
Brian Kempler
DSCR refinance loan against a property leased on a lease option
17 November 2024 | 8 replies
The shorter the prepayment term has an impact on increasing the rate.4.
Philip Jones
Refi LENDERS in BRRRR
18 November 2024 | 16 replies
The shorter the prepayment term has an impact on increasing the rate.4.
Julie Muse
Rolling Prairie Renovation Success: Profitable Flip with Ron Rowan!
13 November 2024 | 0 replies
We focused on high-impact areas such as kitchen and bathroom updates, as well as improving curb appeal.
Amanda Skipper
First time out of state investor
23 November 2024 | 38 replies
Here's some other copy & paste advice you might find useful:---------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?
Jonathan Greene
The Top 5 Ways I See New Investors Lose Money On Their First Flip or BRRRR
19 November 2024 | 24 replies
Understand its impact or know ways to by pass the seasoning.