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16 January 2025 | 8 replies
You’re not using a PM, AND you’re assuming you can charge a service animal a deposit and pet rent?
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15 January 2025 | 5 replies
I wouldn't consider it a heavy negative unless the street is super tight and parking is hard to come by or if the street is very steep/busy.The more desirable dense city neighborhoods it's almost kind of expected and off street parking would be considered a luxury rather than a necessity.If you get out into the suburbs I would say it's more of a big deal since more rentals have off street parking or a garage there.
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13 January 2025 | 8 replies
And its not in a great bnb locationNeighbors dont deserve it
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13 January 2025 | 2 replies
Hi All, any input on renovating a house and possible tax exemptions under an LLC?
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14 January 2025 | 1 reply
A property that I own was on the market.
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12 January 2025 | 5 replies
Having a long-term rental while living abroad is do-able.Flipping houses while abroad, in my opinion, more difficult, especially if its your first go around with real estate.I would recommend taking a flight and staying in the area for a week and inspect the neighborhoods and make connections.You can reach out to @Elenis Camargo who has a PM company in Jacksonville.Best of luck though.
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14 January 2025 | 16 replies
You can't really be a true car salesman type In Real Estate.
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16 January 2025 | 23 replies
The only other option I see is a short sale, if you don't need to purchase for a few years and don't mind a temporary credit hit to save the $60k.
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14 January 2025 | 2 replies
My wife and I have overhauled our personal budget to reflect the 'pay yourself first' approach (allocate in order: income comes in -> invest -> donate -> fixed expenses -> variable expenses -> fun $$).We are looking to see what experienced people generally recommend for a holding tank for that 'invest' allocation while we target our first real estate deal.What financial vehicles have you guys used that works well for this?
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12 January 2025 | 28 replies
The IRS is taking a more conservative approach and you want to ensure you have all your ducks in a row + a team behind you to back you up if something comes into question.