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3 March 2024 | 7 replies
You have to include all the costs appropriately.
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3 March 2024 | 12 replies
If your business includes both business assets and real estate you can do a 1031 exchange for the real estate portion of the business only.
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4 March 2024 | 59 replies
They will continue so, no matter how many more groups or books or podcasts will be provided.And many questions, including the three I half-jokingly mentioned above and the one which is the subject of this thread, simply do not have right or wrong answers.
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3 March 2024 | 22 replies
Put in about $25k of improvements, to include 2 unit rehabs, new roof (mostly covered by insurance) new paint, and eliminated one unit.
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3 March 2024 | 16 replies
Don't throw away your snail mail and pay attention to the "promotions" tab in your Gmail, including the ads.Sometimes the best credit card signup bonuses are targeted (both paper mail and email) and will result in more bonus points than the offers you can find online.Also, if you have a Chase bank account but you don't have one or more of the foundational Chase cards (Freedom, Sapphire Reserve, etc.), walk into a branch and let them know you're looking to open a new card.Branches and bankers are obviously evaluated based on their ability to open new accounts, and they may be motivated to give you a special offer.For example when my wife got a Chase card she got double the sign-up bonus in-branch than what was being advertised online at the time.If they present you with just the commonly-available offers, let them know that you'll just open it online because it's easier and will result in the same bonus anyway.If it looks like you're going to walk away, the banker may be able to give you a better bonus in order to not lose credit for your account opening.Of course they may not have the authority to do so but it's worth a shot.
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3 March 2024 | 7 replies
Including foundation and plumbing issues.
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2 March 2024 | 2 replies
Does your projected cash flow include debt service and other expenses after the refinance?
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2 March 2024 | 3 replies
This law applies to all properties, including rooms and guest houses, that are rented for fewer than 30 consecutive days[1][3].
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2 March 2024 | 2 replies
I am new to this.The costs you see for the duplex include the heloc and mortgage costs.
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4 March 2024 | 18 replies
This is a snippet from an article written by Onera Group.Short-Term Rental Analysis in Okaloosa Island, FloridaThe base of our short-term rental analysis is outlined below:First, we will identify areas in Okaloosa Island that consistently experience high demand for short-term rentals year-round.Next, we will narrow our analysis down to a specific subarea, considering factors like occupancy rates, average stay, daily rates, and annual bookings, among others.Then, we will identify the precise characteristics of top-performing listings in this subarea, including property type, number of bedrooms, bathrooms, key amenities that drive demand, among others.Next, we will reveal how top-performing hosts in this area adjust their daily rates throughout the year, capitalizing on the seasonal trends in the short-term rental market.Finally, we will conduct a financial case study to determine the expected net annual return of a listing available in the for-sale market within that specific area in Okaloosa Island.Analyzing High-Demand Locations for Short-Term Rentals in Okaloosa Island, FloridaThe first stage of our analysis involves finding areas with high demand for vacation rentals on Okaloosa island.