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20 January 2025 | 11 replies
Perhaps if your partner was a general contractor or handyman type there may be some merit there to reduce costs / increase profitability.If your partner enjoys deal sourcing, a better move might be for him to become an agent - so he could legally collect commissions from finding deals and managing properties for multiple people.
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17 January 2025 | 22 replies
Recognize there are challenges doing BRRRRs since the rate increases that have occurred in the last couple years
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14 January 2025 | 17 replies
The state laws (do not quote me) appear to not let these companies increase rates (or its not easy) to pick up the losses.
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14 January 2025 | 10 replies
Typically if demand increases and supply is maintained prices go up.
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23 January 2025 | 5 replies
Repairs ($5k): Increase to $10k for unexpected issues in a 4,000+ sq. ft. property.Total reno costs will likely fall between $180k-$210k, not $145k.
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10 January 2025 | 2 replies
Now that you know this little secret (that most don’t), you can make informed decisions when it comes to increasing rents for new leases and renewals.
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10 January 2025 | 6 replies
If you no longer wish to renew your subscription, you can turn off auto-renew at any time.It's an annoying increase, but I get it.
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21 January 2025 | 7 replies
Two main reasons being: (1) debt does not increase your basis in an S Corp, which means your losses get limited.
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21 January 2025 | 11 replies
In addition we do not accept any applications for longer move in than the remainder of the current month and the next month (so if tenant is unable to move in by march 1, they cannot apply until feb 1 as we are unwilling to go longer than that without rent and will hold another open house).S8 needs to streamline their process if they want to increase their housing options.Best wishes
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5 February 2025 | 205 replies
This is a very valuable skillset to have in your arsenal as an investor that can dramatically increase your net worth in a short period of time if the strategy is applied correctly.