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25 September 2024 | 11 replies
That said, above all else, I would prioritize experience far more when making your selection than the physical location of your tax professional.
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26 September 2024 | 7 replies
You have to confirm there are no pending assessments and lawsuits against the HOA before buying and an assessment usually comes for roads, roofs, windows, decks, and stairs that were not done properly or have a safety issue.
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27 September 2024 | 10 replies
This should include which areas you can access, what hours you can work, and any safety measures you’ll take.
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25 September 2024 | 4 replies
Through observing what many of these out of state or passive real estate investors (your most likely client base) prioritize in these forums two items that jump out are avoidance of major capex repairs and asset protection.
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26 September 2024 | 0 replies
This included installing new tile flooring at the front of the house to enhance curb appeal, upgrading the electrical panels for safety and efficiency, and putting on a new roof to ensure long-term durability.
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25 September 2024 | 11 replies
The rate market may now create a better safety-net scenario than before as well...
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23 September 2024 | 13 replies
Older properties typically offer better cash flow due to lower mortgages and rents that exceed expenses, but may require more maintenance and updates.If you prioritize immediate cash flow, older properties might be better.
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24 September 2024 | 9 replies
I’d appreciate some feedback on my current approach and advice if any.Here’s what I’ve done so far:Pre-Approval: I’ve secured a pre-approval amount and interest rate from an online mortgage lender.Property Analysis: I’m using the mortgage and STR calculators from BiggerPockets to assess the financials for potential properties.Neighborhood Research: I’ve been exploring different neighborhoods using Niche to get insights into schools, safety, and livability.AirDNA: I’m considering subscribing to AirDNA for data on occupancy rates and rental income estimates.Questions:Is AirDNA worth the investment for STR data?
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23 September 2024 | 3 replies
Institute additional phishing attempt trainings with your IT group.Increase Cybersecurity: Ensure your software and safety protocols are up-to-date.