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26 December 2024 | 7 replies
That is something that is growing due to the limitations of STR.MTR is something that will help you but you will have to be a bit flexible in the times that you are planning to come in.Management is cheaper than STR, but you have to consider other factors such as close to places where those MTR are in need.
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23 December 2024 | 4 replies
I know there’s a limit of 4 unless you get a kennel license, so I’m also searching to find a place in which I can apply to obtain one.
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23 December 2024 | 7 replies
.- Your maintenance and repairs will be mostly limited to the interior of the property as the condo management will maintain the building- You won't have to worry about tenants maintaining the grounds around the buildingCons:- Condo fees may change drastically over time and it's largely not in your control- Condo bylaws can be tough to work around.
16 December 2024 | 8 replies
A cost segregation study will help maximize these properties depreciation expenses in the early years.
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27 December 2024 | 12 replies
You’ll also find out when you talk to previous landlords.My policy is to never rent to a tenant with an eviction on their record, though some landlords put a time limit on it such as “no evictions in the past five years.”
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16 January 2025 | 40 replies
I personally think #2 limits your audience.
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17 December 2024 | 5 replies
Lot less multifamily which is why I haven't bought but it is where I grew up.Make sure you study the eviction laws, I believe tioga County (but could be a different close county im not sure) my lawyer told me that you now HAVE to pay to pack up an evicted tenant professionally and store it for months at your own cost if they leave their stuff behind.
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13 December 2024 | 7 replies
Here's an article with additional FAQs on cost segregation studies that you may find helpful and should answer some of your questions above.
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9 January 2025 | 20 replies
Still, considering how difficult it is to find a good real estate focused accountant, limiting your search to local providers usually gives you too few options.Expand your search to include remote CPAs.
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24 December 2024 | 3 replies
You limit out at 10 of those loans so you can do that every year for a while but eventually you can't any longer.