I've already renovated one of the bathrooms, and I’m planning to paint the interior, update the kitchen cabinets, possibly sand the wood floors, build a fence is a corner lot and increase the rent for the room since my tenant is currently renting the entire 3-bedroom, 2-bathroom house for $800 a month.

Think big picture.Consider all the benefits of the investment over an extended period of time and get started!

However, because the Department of the Treasury recognizes that reporting companies may need additional time to comply given the period when the preliminary injunction had been in effect, we have extended the reporting deadline as follows:Reporting companies that were created or registered prior to January 1, 2024 have until January 13, 2025 to file their initial beneficial ownership information reports with FinCEN.

I am not familiar with them but I learned the hard way that a lot of people, success, and things said in the multifamily syndication industry are just lies period.

Property owners get an annual update on their SEV & Taxable Values with their city property tax bill, typically sent in December.So now, the city assessor tracks the SEV, but homeowners are taxed based upon the capped Taxable Value.

They do need some updating because most were built in the 1960's, but I just bought a property in June and listed it for rent and had about 50 people ask if I took Section 8.

Please keep us updated on how it is going. 

Capital generation is always good with a flip, or maybe getting into a value add deal, leveraging hard money to  update the property, then re-fi and hold.

They used that period of unemployment to skip paying student loans and then try to get some kind of program/hardship deferral or something aka "gaming the system".

But, if you do evict AND they request a hearing then the judge MAY interrupt the partial payment as acceptance of rent and therefore you would have to start the process over at the beginning of the next payment period.