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8 June 2024 | 1 reply
I planning to have backyard installed in new construction SFH.I read this cannot be added to the cost basis of the rental property and be depreciated by 27.5 years since it is not an improvement to the property.But what about paving the patio and side of the garage, where it is touching the house.
7 June 2024 | 6 replies
I do a lot of business in and around the Space Coast and Condo's seem to be around low end $2700 a month to $4000 high end LTR.
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5 June 2024 | 3 replies
Purchase price: $65,000 Cash invested: $235,000 We are thrilled to announce that we have secured a construction loan from BackFlip to complete our project: the construction of a single-family residence (SFR) on the beautiful West Coast of Florida!
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10 June 2024 | 1 reply
Six Areas of Focus:Florence OR - Proposed regulation but nothing formal yet..within city limits properties are eligible for STR usages with a business license to remit local occupancy taxes.
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7 June 2024 | 4 replies
Preserved for future generations as a way for the average income earner to build wealth over time and provide a clean, safe place to live for other people.We need more units constructed.
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11 June 2024 | 30 replies
I live in Milwaukee, have househacked in two different properties, am a realtor, and almost all my business is working with investors (house-hackers, out of state buyers, flippers, etc).
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8 June 2024 | 0 replies
North Broward Area (Undergoing Gentrification)Type: Triplex Units: Two /1-bedroom units Current Rent: $1,500 per unit, month-to-month leases Tenant Quality: Great tenants, familiar with the neighborhood, payments made regularly with sufficient funds Potential Rent Increase: Neighborhood improvements and upcoming developments suggest potential rental rates could rise to $1,800 - $2,200 within the next two years Upcoming Development: A new $2.2 million road is being constructed in the cityCurrent Market Value: $680,000Current Cash Flow: $1,500 per unit, 3 units totaling $4,500 per month Condition: Needs some work Price: $435 ,000This property is a prime investment opportunity in an area poised for significant growth and appreciation.What do you think?
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8 June 2024 | 1 reply
Then, in Phase 2, I aim to subdivide the lot and construct new buildings at the back of the lot.
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6 June 2024 | 11 replies
Any recs on companies that help form LLC formation, business structure and estate planning services?
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7 June 2024 | 14 replies
I started hosting on Airbnb when I would go away on business or on vacation, and began to really enjoy the hosting experience and that high of making money from a passive investment.