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2 May 2024 | 10 replies
A bit on my self I have 3 singles in Dallas Forth-Worth area & 1 single Tampa area I sold 2 flips in Austin, TXIn DFW, I’m doing section 8 , I am getting properties with hard money loan , remodel them, and then re fi them for 30 years , I put around 45-65K for each property I have 4 properties total that cash flowing $300, $500, $1000 (section 8) , $250 per month after all taxes, expenses , insurances , mortgages ..
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2 May 2024 | 3 replies
Step 1: Increase income, decrease expenses.
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4 May 2024 | 8 replies
Just write them off as a tech expense and move on :) Your Accountant should be able to assist here with any edge cases or ones your worried about.
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30 April 2024 | 7 replies
Sometimes, a more expensive home with lower property taxes can be more affordable than a cheaper home in a high-tax area.
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2 May 2024 | 45 replies
Lots of deals "in the works" but nothing at the moment.Unless find a way to get more deals in front of me, two things will happen:* My money will sit idle while waiting for a deal, reducing my effective yield* I may have to settle for a lower return among my few choicesHow do I go about opening the deal flow floodgates?
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1 May 2024 | 7 replies
As mentioned, your taxes will be higher than the number they gave you as homesteads are taxed at a lower rate and you’re not living there.
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3 May 2024 | 30 replies
If you exceed that limit, can you still play this game, subject only to having to allocate your expenses by ratio of abnb days to total occupancy days?
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2 May 2024 | 2 replies
DO NOT chase business by lowering prices, performing service for which you are not compensated at your desired rate of income, giving away consulting advice to people who will likely shop price, or accept any piece of business outside your field of expertise.4.
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2 May 2024 | 4 replies
Given up an even lower price at 6k.
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2 May 2024 | 7 replies
But I suspect, regardless, the mid-term market is not a place for adding expensive amenities; those folks are typically on a strict budget and staying long term; the budget and often, proximity to the purpose for their visit drives booking decisions.