Angelo Llamas
Tax breaks for a rental breaking even
19 December 2024 | 12 replies
This means you'll want to "write off" expenses related to a property you have in service because if those expenses don't benefit you this year they could in the future once you sell the property.We can get into a lot more details with the "if" "and" or "buts" BUT I think this would be the "simplest" answer without diving into your specific situation here.I hope this helps!
Ryan Crowley
Pay off mortgage and snowball?
19 January 2025 | 61 replies
Details here- https://www.biggerpockets.com/renewsblog/2014/01/04/leveraging-really-risky/.
Hemal Adani
Anyone has invested with Open door capital? How was your experience?
22 December 2024 | 105 replies
And I think he did make a post that he is moving back to the mainland and it sounded like maybe taking a different role in ODC Again hard to glean things from facebook no one really gives any details on that site so all just wag's on my part.
Venecia Baez
Want to buy first property and I watch a lot of videos, but lack action: How to start
1 January 2025 | 24 replies
Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.PM us if you’d like to discuss this logical approach in greater detail!
Gash Nookala
Newly built property in Huntsville in Market for rent for more than 2 months
23 December 2024 | 9 replies
@Gash Nookala,Renting can indeed be slower in winter, but here are some tips to boost interest:Enhance Listing: Ensure your listing has detailed descriptions and high-quality photos—consider professional photography if needed.Competitive Pricing: Double-check local comps; even a slight price adjustment or incentives (like a reduced deposit) could attract more interest.Broaden Marketing: Beyond Zillow, Hemlane, and MLS, use social media, community boards, and local business connections to reach a wider audience.Flexible Lease Terms: Offering shorter or month-to-month leases might appeal to tenants during this slower season.Local Property Manager: A local pro can tap into their network and help fill the vacancy faster.These steps should help you find a tenant despite the seasonal slowdown.
Chris Lu
New BP member looking for STR budget feedback!
22 December 2024 | 5 replies
Happy to help answer more detailed questions if you have any and best of luck!
Kendric Buford
Multifamily Newbie - Tips & Feedback (Out of state/Ohio)
1 January 2025 | 12 replies
Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.DM us if you’d like to discuss this logical approach in greater detail!
Ashley Mierez
Investor Insights Wanted: How to Present ROI and gain investor confidence?
24 December 2024 | 5 replies
Also provide tons of good / detailed photos along with property details critical for the investor to make a decision.
Marc Shin
Necessary to include photos of the exterior of the property?
20 December 2024 | 12 replies
To their surprise, bookings actually ticked up a bit.You dont have to highlight every detail of your exterior if it’s not your property’s strongest suit.
Josh Holley
Seller won’t return EM
31 December 2024 | 97 replies
More to the point of your post, the agreement of sale should have language detailing precisely how the escrow funds are released to buyer or seller.