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9 January 2025 | 9 replies
I also use their virtual credit cards which enables me to assign a card to a specific person, like the cleaner for my STR for example, so when she runs a charge, it automatically drops into the right account in terms of categorizing my expenses.
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15 January 2025 | 24 replies
We charge a flat membership fee, rather than taking a cut of any of the money invested.
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8 January 2025 | 31 replies
Now they are charging $395 per 1031 exchange!
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7 January 2025 | 3 replies
This $100,000 would be taxed at the applicable capital gains tax rate (0%–20% federally, depending on income) and subject to depreciation recapture at a maximum rate of 25%.
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16 January 2025 | 10 replies
In a Hard money / lender situation, you are gonna be putting $50k into that deal, they lend you $200k and charge you 12% and 2 points.
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9 January 2025 | 6 replies
Most of these brokerages charge minimum fees to keep your license active while still maintaining your license.
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9 January 2025 | 8 replies
I'm constantly juggling the rates for my Airbnb listings based on what my competitors are charging.
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6 January 2025 | 0 replies
The rental market is already showing signs of recovery:Spring Is Coming: Historically, the rental market picks up momentum in the spring as tenants prepare to move during warmer months or ahead of the school year.Early 2025 Trends Are Positive: In just the first week of January, we’ve seen a dramatic increase in rental applications, suggesting pent-up demand from renters who delayed their searches in November and December.What Landlords Can Do NowTo make the most of this recovery, consider:Refreshing Your Listings: Update your photos, descriptions, and pricing to ensure your properties stand out.Offering Incentives: Temporary discounts or move-in bonuses can help fill vacancies quickly.Being Patient: The market is already bouncing back, so don’t panic if your property takes a bit longer to lease than usual.What’s been your experience?
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10 January 2025 | 17 replies
BRRRR is not a great strategy in the current market due to the mortgage rates so it's not as applicable as many think from reading older posts or books about how easy it is.
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9 January 2025 | 16 replies
If the broker is using a private lender, the lender usually charges points/or higher rate.