
12 August 2024 | 1 reply
When you refinance after a few years this is no longer necessary and the appraisal can be much higher.The regulations for selling before 10 years only mean that you will be taxed if its held privately but with the BRRRR strategy you don't sell, you just refinance.

7 August 2024 | 3 replies
Since that home is in my personal name, can I write off the losses as a “rental” which it’s intended to be but not quite yet?

9 August 2024 | 0 replies
.- These total 10 duplexes should bring in 30K gross rent per month and cash-flow about ~3-4K/month.We don't plan to use any of the cash-flow for personal expenses and after keeping sufficient reserves, we will funnel the cash-flow to pay-off existing properties.

13 August 2024 | 11 replies
In all truth, my laminates - even the cheapest off-the-shelf Lowe's stock ones - have held up just fine and were the best choice for my B units.

11 August 2024 | 18 replies
I know taxes are high there, is it hard to invest there because of that?

12 August 2024 | 12 replies
Anyone can market a house for 375k, but then knock off 75k for a "just for you" price, but is it worth the 300k?

9 August 2024 | 10 replies
- What can I expect with taxes/registering with city/state?

12 August 2024 | 4 replies
I'm contemplating if it would be better off in the future to have all long term units or if there's no cost difference for types of rentals.

12 August 2024 | 5 replies
I would expect it to be more, but our STR is quite simple, nothing fancy.For the record - rents should being going up because so have the taxes...

13 August 2024 | 9 replies
That still does not take the burden off the tenant to read their lease thoroughly and make themselves a reminder.Note, because we sign student leases for UNC-CH for the upcoming school year 9-12 months in advance, students need to renew (or not renew) ~9 mo in advance.