
4 January 2025 | 5 replies
. ==== Projected Income ====**Off Season**-$4,000/Month Rent Period: September - May (7 Months) Projected Income: $28,000**Summer 1**-$8,000/Week Rent Period: June (4 Weeks)Projected Income: $32,000**Summer 2**-$8,500/WeekRent Period: July-September (12 Weeks) Projected Income: $102,000**Optional** (Basement Apartment)-$2,000/Month -Rent Period: Year Round Projected Income: $24,000TOTAL PROJECTED INCOME: $186,000 ==== Operating Cost ====-Mortgage: $84,000 ($7,000/Month) -Utilities: $36,200Gas $6,000 ($500/Month) Electricity $6,000 ($500/Month) Internet $2,400 ($200/Month) Garbage $5,000 (Estimate) Pool $4,000 ($250/Week)Landscaping: $4,000 -Mowing: $2,400 ($150/Week) -Clean Ups: $1,600 (Spring & Fall)-Weekly Turnovers: $8,800 ($550/Week)==== Legal Cost ====Summer Rental Fee: $20,100 (15% of $134K)Sandwich Rental Tax: $6,855 (15% of $45,700) NET PROFFIT: $38,845.00

30 December 2024 | 2 replies
Hey guys,I have read a number of articles and books about the BRRRR method.

4 January 2025 | 11 replies
Yes, you can deduct related expenses including gas, loan interest, insurance, etc. using the actual vehicle expenses method to deduct auto expenses for your rental or other businesses.

31 December 2024 | 6 replies
Seeing a lot of borrowers have success across the country, especially with the BRRRR method and the AirbnBRRRR methods!

15 January 2025 | 34 replies
The IRS should have cleaned up on the billions of tax fraud being committed.

7 January 2025 | 12 replies
Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.

6 January 2025 | 9 replies
Being a military member house hacking is the easiest way but I’m also open to learning new methods and if at all possible learning from others’ mistakes.

2 January 2025 | 13 replies
Just be the absolute best host you can be for the first year -- communicate clearly and quickly, make sure cleaning is top-notch, make sure all amenities work (hot tub is hot, TV remotes have batteries, etc. etc.)

29 December 2024 | 15 replies
LTR tenants are required to have the home professionally cleaned.

9 February 2025 | 173 replies
If I suffered considerable loss of the principal amount, then I would be more motivated to make the effort.Some people are ok with arbitration as the method of resolving disputes, but some find waiving their right to go to court when things go wrong offputting.For MLS transactions, can licensed realtors and brokers be absolved of legal responsibilities, professional duties, and liability for misrepresentations made in conjunction with the sale of residential real estate by language contained in contracts?