Roschelle McCoy
Turned Run Down Four-Plexes into Inviting Home for Residents
22 September 2021 | 4 replies
Improved curb appeal by adding new landscaping, siding and general clean-up of exterior.
Patrick Martin
Mortgage Rate drop for Investment Properties and 2nd Homes
15 September 2021 | 2 replies
Effectively immediately you should see a significant improvement in mortgage rates on Investment Properties and Second HomesFHFA announces they are suspending certain provisions from the preferred stock purchase agreement, which caused big hits to the pricing adjustment on Investment properties and Second homes, among many other affects a.k.a higher interest rates.combined with the removal of the adverse market fee earlier this summer there is a real opportunity to refinance any investment property or second home purchased/refinanced since the summer of 2020
Charles Clark
First Completed deal from investment to sale. 204% ROI
15 September 2021 | 0 replies
Within 90 days of purchasing the property I was able to increase rents to $625 ($50 increase) each due to improvements made to the common area, landscaping, and any upgrades we could make while having 100% occupancy.
Sabrina Sanchez
Contractors in Leominster Ma!
20 September 2021 | 1 reply
Check out MJT Home Improvement.
Charles Clark
First Completed deal from investment to sale. 204% ROI
15 September 2021 | 0 replies
Found the deal, manage the property, and used investor funds to improve apartments and building.
Steven Hershey
YOU Renting to yourself under an LLC
16 September 2021 | 4 replies
But your primary is a bad idea….1) you’d create taxable income with the rent from your primary2) improvements are capitalized /depreciated3) you’d lose your homestead exemption/protection4) you likely lose your section 121 exclusion
Trevor Bond
How to handle rehabs with existing tenants
16 September 2021 | 4 replies
If you were truly to get perfect tenants and they were fine with paying market rents with improvements done, a lot would depend on what kinds of improvements you are making.
Ian Rivera
Is it better to invest in state or out of state?
16 September 2021 | 5 replies
If you can find a slightly distressed condo to buy at a discount and improve, I think you'll be fine on a three-year timeframe.
Heidi Rechek
Out of state Primary turned rental
15 September 2021 | 1 reply
improvements/fixes from states away was a challenge
Brian Sherman
Book keeping software for house hacking
3 October 2021 | 12 replies
Rehab expenses are improvements and they are added to basis.