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5 January 2025 | 8 replies
You’ll want to get really familiar with local zoning laws, short-term rental rules, and landlord-tenant laws as they vary by town if you plan on going the STR route.Focus on Cash Flow Early On: You might be tempted to go for something that appreciates quickly, but in the early stages, it’s important to find properties that bring in cash flow.
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25 February 2025 | 11 replies
I went on to acquire several other credentials both before and after becoming a CPA, driven by my desire to master every facet of the profession.
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26 February 2025 | 4 replies
@Zach Howard I am working on a how-to book on Creative Financing now (I am the author of BP's book on Mid Term Rentals) because when I was teaching myself I was frustrated at the lack of clear instruction.
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20 February 2025 | 8 replies
You are missing a massive audience by not going on the Mls.
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26 February 2025 | 3 replies
It will take some work and flexibility on design, but it isn't that hard.Here is a pretty good article on the subject of furniture depreciation - https://www.business-accounting.net/how-to-depreciate-furnit...Get with your CPA to make sure you meet all the requirements.
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26 February 2025 | 11 replies
Pre-pandemic we were averaging closer to 2%+ on most rentals, meaning if you were all in for $100K, the rents were closer to $2K.
24 February 2025 | 12 replies
I have been trying to make sure I catch up on all the old threads and look like I missed this one.
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23 February 2025 | 10 replies
This again is "positioning" the person on the phone as the "prey" and them as the "predator".
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26 February 2025 | 24 replies
The city however did not pick up on this.
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19 February 2025 | 32 replies
Don't get too focused on letting the MLS be your deciding factor on a good investment.That would be where I would start and then from there move to connect with a team on the ground.