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4 January 2025 | 6 replies
Additionally, ensure that all necessary notices for filing an eviction have been posted and properly documented in your records.
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8 January 2025 | 6 replies
In addition to other tax strategies like a cost segregation study on the fully rented out house.
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20 January 2025 | 22 replies
Since seller-paid fees usually cover their services, you get local expertise without additional expenses.Final ThoughtsLive where you like, but invest where you can achieve financial freedom.Out-of-state investing has proved to present excellent opportunities.
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1 January 2025 | 3 replies
The cons as i see it include loosing the 2 of 5 year cap gain exception, typically not an ideal rental because the emphasis at purchase was buying a good home for your family and not a rental with optimal return (my ex-home consistently has the lowest cash flow for equity in my RE portfolio), not disconnected enough from the property causes addition angst on damage and may result in over improvement.
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6 January 2025 | 4 replies
The way I can imagine is perhaps putting up additional cinder blocks but that sounds expensive.
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31 January 2025 | 170 replies
I will update the table below with three additional exits by or before July 2022.I understand Eric you are in same situation Neal was at Financial Attunement.
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18 January 2025 | 16 replies
You want to make this clear that additional items need to be purchased by the guests so they are aware.
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23 January 2025 | 165 replies
There waiving regulations that would have impeded it, and are trying to get additional funding to cover anyone who had any lack of coverage.
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4 January 2025 | 3 replies
Hello @Yvonne Wang,The scope of work should include the following:- Basic info: Property address, client name, contractor's contact info, address, license#'s, signed general/operating agreement b/w contractor and client- Specification of repairs: Repair item, Quantity of items needed, total & per unit cost of items, taxes (if applicable), Completion hours, title of the person responsible for the repair item, written summary describing the work- Add'l info: Schedule of repairs, additional payment schedule details i.e. disbursement schedule, method of disbursement, deposits, holdback amounts, etc.The screenshot below highlights a couple of repair items.
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3 February 2025 | 32 replies
Additionally, the price point is still cheap enough to find the 1% rule and positive cash flow and it's super landlord friendly.