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27 December 2024 | 16 replies
While this might not fetch the top dollar, it could result in a quicker sale at a reasonable price.Consider Renovation Loan Options: If you believe the house has significant potential value once fixed up, exploring renovation loan options like an FHA 203(k) could be an option.
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19 January 2025 | 46 replies
For example, a property purchased for €200,000, with €40,000 in renovations, could sell for €300,000, resulting in a net profit of around €60,000.Additionally, rental opportunities are strong in both markets.
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22 December 2024 | 24 replies
Folks forget rates did not drop below 6% until 2009, which was due the nearly collapse of the world economy and of course the rock bottom 4 and under was a result of the world shutting down due to covid.
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31 December 2024 | 76 replies
I would recommend finding someone who is actually doing STR for a while, have the results you want, or even a property manager in the area you are looking.
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20 December 2024 | 1 reply
I have been doing the anakysis on several rental properties and saving the results.
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4 January 2025 | 26 replies
I think you have to own them if the people were nice and respectful.One thing I've found is that you have to specifically remind them in the beginning, middle, and the end, that you want to provide a 5-star stay to result in a 5-star review.
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20 December 2024 | 6 replies
A quick check of new listings results in many listing that seem well below market rates.
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23 December 2024 | 6 replies
Prohibited transactions can result in penalties and disqualification of the Solo 401(k).2.
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23 December 2024 | 9 replies
Look at other rentals in the area and see not only how they are advertising or promoting online but also the inside and outside of the rental so you can create a similar environment to try to replicate the same results.
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21 December 2024 | 7 replies
One idea is to proceed with the 1031x, save on the capital gains, parlay your proceeds into income-producing properties, and capitalize on the low-interest rate offered by these operators.