Craig Daniels
Use rental cash flow to pay down 6.375% mortgage?
19 November 2024 | 2 replies
It now cash flows beautifully, which I continue to utilize for other my other properties.
Robert Frazier
Value add opportunities under new Boise Zoning code create cashflow opportunities.
19 November 2024 | 13 replies
They need to do all their due diligence including understanding the value that will be added by the ADU, the finance options available, the consequences of adding the ADU (rent control, property taxes, rental limitations, etc), etc.Good luck As with all things, it depends on the investor and the equity.If they are able to leverage existing equity to buy it under a HEL or HELOC, then they are adding equity with no out of pocket expenses, and adding immediate and longterm cashflow to existing stock.We like ADU's because there isn't more land being created in our city that is landlocked...but there is more density available to those with large lot under-utilized sfh.In my market, it typically costs $2 to add less than $1 of value on single build ADUs.
Tyler Gilpin
Section 8 Market Rent etc
21 November 2024 | 19 replies
If the property is sub-metered/ if you intend to have the tenants pay utilities make sure to mention that to them.
Julio Gonzalez
11 ways to lower taxes when selling your property
17 November 2024 | 1 reply
Utilize a 1031 Exchange: Under IRS Code Section 1031, you can defer capital gains taxes by reinvesting the proceeds from the sale into a similar “like-kind” property.
Robert Frazier
Looking to learn. How have you scaled flipping with financing and systems?
19 November 2024 | 4 replies
Most investor utilize short term hard money debt to scale their flipping operations where the lender will fund 80+% of the purchase price and the rehab budget which can allow investors to work on multiple projects at once.
Marc Shin
Best way to save receipts for REI?
20 November 2024 | 9 replies
The other half of the accounting records is coming from online purchases, utility payments, etc etc where they are sending you an email.
Will Gaston
Nearing 1,000 College Student Tenants: Here's what I've Learned
21 November 2024 | 305 replies
I pay no utilities and these are all one year leases.2) THEIR CREDIT RATINGCollege students almost always pay their rent.
Russ Desatoff
Tips for Finding a Renter?
15 November 2024 | 12 replies
I am putting it up on Facebook, Craigslist, etc. but is there anything else a newbie can utilize that you have found success with?
Derek States
Land owner in Waynesville, MO
15 November 2024 | 1 reply
I spent 2.5 years getting all the utilities to the property.
Kay S.
What would you recommend? Divorcing, unemployed, house not selling
20 November 2024 | 11 replies
Trying to manage a $1M Airbnb rental while it sounds good you got $6500 in bookings you still have significant costs to operate it with maintenance repairs, utilities etc.