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28 February 2024 | 24 replies
(ha) :) Taxes for STRs in the Gatlinburg area have doubled and tripled over the last 2 years.
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28 February 2024 | 7 replies
Some people are getting list price even though asking 40-60% over last year.
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27 February 2024 | 7 replies
Our 1 bedroom units still do well renting for around $3500 last year, it's just the type of tenant that has changed over the last few years.
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27 February 2024 | 2 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
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29 February 2024 | 24 replies
@Eran Withana I was in the same situation as you last year.
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28 February 2024 | 13 replies
He kept avoiding our requests and said we should claim it in our 2023 taxes instead… The last straw for us was when he tried to charge us another $7.5k to file our taxes which obviously ended our relationship instantly.
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25 February 2024 | 2 replies
I haven't seen anything that is impressive enough to write about.
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28 February 2024 | 21 replies
Codey, I own both properties in Columbus and Dayton (University of Dayton Campus) where I own a SFH that I BRRRR'ed last summer.
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27 February 2024 | 32 replies
@Adam HutchisonI have started investing in the Davenport, IA, area in the last year.
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27 February 2024 | 2 replies
Real Estate is my passion, and I am excited about transitioning into a fulfilling career after the last three years of working solely for a paycheck.Appreciate your input.