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2 February 2025 | 9 replies
This is typically done 3x a year.Hire a company to deep clean the washing machine, drier, and dishwasher.Reimburse us for the combined 8 hours we have now spent on cleaning the home.Repaint the walls, at minimum in the basement.Prorate our rent for the days we are unable to be in the home due to the current issues and any repair time.Please let us know how you would like to proceed.Thank you,Sindy and Cary"You need a professional property manager!
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4 February 2025 | 17 replies
The lender typically is not aware that ownership has changed.
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17 January 2025 | 9 replies
You’d also make all future capital gains at least partially taxable instead of tax exempt by converting your primary to a rental.
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5 February 2025 | 9 replies
*Look for properties where you can gain immediate equity by buying at a low price.
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16 January 2025 | 4 replies
You didn’t mention the property or deal specifics, but for many deals in the recent years, there have been amazing and unusual gains due to multiple unnatural circumstances.
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29 January 2025 | 12 replies
Experienced investors typically value properties like yours by analyzing cap rates, cash-on-cash returns, and income growth potential.
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19 February 2025 | 14 replies
Typically, a client that has a STR and materially participates should be able to take advantage of a cost segregation done on the property.
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5 February 2025 | 15 replies
And while these groups help you a lot with the actual strategy, the best part is the network you'll gain which pushes you 10 times further then googling all the free stuff.
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18 February 2025 | 17 replies
Private Money Lenders are going to be hard for a primary residence as it is an investment and typically they want to see a return prior to two years - also, the house would need to be purchased at a discount which would limit your options on a primary residence - now if you are looking for something that needs some work that you are planning on fixing up, it would be a little more feasible.
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26 January 2025 | 5 replies
Then, I typically see them take about a half to a third of that number for the adjustment factor.