
8 December 2024 | 26 replies
There is much confusion about the 4% and 6% in property taxes.Non owner occupied property is taxed at 6% of the value to get the taxable value.This does NOT mean your actual property tax is 6% of the purchase price for rental property,In reality property taxes are about 2% of the purchase price for rental properties and about 1% of the purchase price for owner occupied properties.Google Greenville County Property Tax estimator and play with it and get a sense of how it works.3.

19 December 2024 | 50 replies
And the one time we did get sued by a tenant the LLC never came into play (slip and fall on ice that the tenant won a nice settlement on from our insurance company, insurance company handled it all).

5 December 2024 | 6 replies
There’s nothing wrong with playing it safe, starting small, mastering your strategy, and then scaling up—especially when using other people’s money.That said, as others have mentioned, house hacking is a fantastic strategy.
5 December 2024 | 11 replies
I will play devil's advocate and mention what kind of properties you may get creatively.

4 December 2024 | 37 replies
I would double check and make sure they are a legitimate license lender.

5 December 2024 | 13 replies
Mid term rentals however are another viable strategy for the area should further restrictions come into play.

4 December 2024 | 5 replies
Strong property management and careful tenant placement also play a critical role in success here, so I recommend partnering with a turnkey company or an agent who specializes in these areas to make the process smoother.As for rental demand, homes that sit for extended periods are often the result of issues like pricing, condition, or tenant quality—not necessarily a reflection of the market as a whole.

5 December 2024 | 17 replies
Playing for cash flow still, but also a little for appreciation and the single families typically dont require as much hands on work on a weekly basis (mowing grass, shoveling snow, etc.)Everybodys niche will be a little different.

12 December 2024 | 49 replies
I knew it was a long term play as well, and wasn't looking for something immediate with them.

5 December 2024 | 6 replies
Unfortunately, ther'es no guarantee, because there are a lot of variables at play here.