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28 February 2024 | 130 replies
The key difference is that you can massivly increase the asset value, but increasing NOI.
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29 February 2024 | 0 replies
The homes in Southlake, tend increase in value making is a great location for investments.
29 February 2024 | 11 replies
It's currently making roughly $77,300 in gross income for 2023 number with an uncompleted dirt backyard, if I add a nicer backyard with jacuzzi and more backyard activities It could potentially increase the rental income.One way to structure this deal better for use as a vacation home is to negotiate a longer balloon payment period with the owner.
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28 February 2024 | 2 replies
Thanks to the Cost Segregation Study, the property investors accelerated the depreciation that the first year depreciation was approximately $182,900.The use of the accelerated depreciation strategy helps real estate investors to reduce the tax liability immediately which therefore increases their bottom line due to the offsetting of income.
29 February 2024 | 5 replies
With owner financing, you can usually put a smaller down payment down (15% or so) to get in, then drive the value through improvements or rent increases to market.I always look for light to improvements and mostly rent increases with month to month leases or vacancies to get the best deals that I can move the rents faster.
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28 February 2024 | 14 replies
Demand for short-term rentals is based on emotions, the allure of this view or that amenity or this undefined "feel" or "design" of a place.I'd love a pamphlet that says simply, "Hot tubs increase gross annual revenue by $22,000."
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1 March 2024 | 39 replies
If rent increase is 5% or more, tenant can demand relocation assistance.
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28 February 2024 | 6 replies
Simple, go to the local RE forums on FB, there everywhere.
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1 March 2024 | 6 replies
(If the house comes back a mess after inspections I'm pulling out as I have 0 contracting experience and don't want to pay for anything crazy)Here are the numbers I ran (calculated at a 3% value appreciation per year, and 3% rent increase a year)I found a great PM who I trust, she's 10% a month (Is that standard?)
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29 February 2024 | 4 replies
While it's unlikely we will see such drastic increases YOY if it rents well, brings in a little money, and fits your goals, why sell?