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13 October 2021 | 13 replies
As far as improvements, I'd focus on what you can do to the property to get the best ROI, every property is different in this regard.
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3 October 2021 | 0 replies
Improved every room, upgraded all, added downstairs bathroom and upstairs laundry.
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8 October 2021 | 6 replies
Eligible property includes 1) Computer software that is depreciable 2) Qualified leasehold improvements property 3) Water utility property and 4) MACRs property that depreciates over 20 years or less.
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7 October 2021 | 6 replies
If you're making money on the STR and the massive profits that so many tout, you're probably not going to get much in write offs....maybe this year with your accelerated depreciation if you make improvements and do a cost segregation study....but you'll probably be paying more taxes next year on your massive profits.3.
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5 October 2021 | 5 replies
I believe that the will be listing for around 75k-80k, which I think is too high with what all needs done, but quite possible for someone who wants to slowly make improvements on their own gradually.
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5 October 2021 | 2 replies
Well done sirI would acquaint yourself with the math to reflect how current or improved rent and all cost deliver cash flow for the tenant or value over time in a buy and pure hold strategy Most investors do this on their own however they love a professional who understandS how to make these investments really perform keep it up sir
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4 October 2021 | 0 replies
I've picked up a few young bucks along the way who have worked along side me to learn how to find, fund, and improve properties as well as much about property management.
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5 October 2021 | 4 replies
I also love to read - mainly self improvement/mindset type books so if you have any recommendations let me know!
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10 October 2021 | 7 replies
@Matt Medina Typically, unless you've done extensive structural improvements to the property, you're not going to be able to remove the Mortgage Insurance without a refinance within the first two years.
5 October 2021 | 3 replies
You need to either save money from your cash-flow for your next property, improve the property through a rehab, or PRAY for more market appreciation or at least that it doesn't go down so you can refinance out some money later on.