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25 September 2024 | 5 replies
Granted, it can become more efficient if you are using your OAs as templates for each new deal, and only changing basic business terms.And as for BRRRs, owning in an LLC does change your financing options.
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24 September 2024 | 9 replies
Our slow season is months with some of the best weather IMO and people come here to escape bad weather further North.Heated pools are great, but have you ever looked at the extra cost of energy and maintenance?
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25 September 2024 | 11 replies
@Matthew Samson It's generally more efficient to use one CPA for your entire portfolio, as they can manage multi-state filings and streamline your tax strategy.
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24 September 2024 | 4 replies
I highly recommend Jennie - she was knowledgeable, efficient, transparent, and accommodating.
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25 September 2024 | 4 replies
As others have pointed out the technology that exists in the space makes communication quite frankly one of the easiest parts of the business at this time and tenants as well as clients have grown accustomed to having quick and efficient communication options at their disposal.
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25 September 2024 | 8 replies
I don't see that you lost any money in the deal so I would just start over and not waste mental energy on the colossal errors of this former agent and team.
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24 September 2024 | 0 replies
High efficiency appliances were utilized including HVAC, light fixtures and water heater.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.
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27 September 2024 | 27 replies
Your takes on property management on BP are some of the finest I've read--wise, clear, efficient, professional, timeless--and thus excellent guidance for investors at every stage.On this issue however, I believe MTR is a long-standing, if unnamed, niche within LTR.
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20 September 2024 | 39 replies
Plan your renovation timeline to list properties during peak buying months - also take into consideration that snow and rain will affect your rehab.Another way that you will want to take climate into account is that given the cold winters, energy-efficient improvements like insulation and modern HVAC systems can be attractive to buyers.
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20 September 2024 | 9 replies
End up with all cash and little to no tax.Your wealth snowball ends up a lot larger 10 years down the road when you make and keep your money in a more tax efficient way.