
1 May 2024 | 7 replies
Well then, it is going up again for next year when the homestead comes off.

2 May 2024 | 20 replies
Never been believe it or not lolI guess I'll have to keep 1 unit empty just for us hahahahaZoning is commercial (Duplex qualifies for this).Initially wanted to change back to residential because we could get higher exit dollar due to area if can change to residential (Got comps in the $130,000 all day, take $10,000 - $15,000 off for main road and it's a $115,000 property)We could have done this as this property was residential long time ago but when it comes to the city on anything, I prefer staying away.Incompetent delay after delay so best is to just keep things the way they are.Plus, single parents would love a nice 1 bed, 1 bath duplex in the Washington Local district so it will work well.Thanks mate

1 May 2024 | 16 replies
G'Day folks,I've reached out to my legal and accounting team for referrals but they had none.The IRS is absolutely useless and we have tried dealing with them for over a year now on this matter.At the point of just hiring and handing over to legals to deal with itPaid off $70,000 in prior year taxes and have receipts and deposits as proof, etc...

1 May 2024 | 5 replies
Not a fan of just basing it off rent, while that is a good gauge, it can be way off - just like cap rate can be on a MF building - good indicator but a lot more research and analysis is required.

30 April 2024 | 21 replies
Hey Lucas,If you purchase the books off BiggerPockets, it comes with a whole bunch of digital files that mirror what's in the books (including the table you're looking for).I'm guessing you purchased the book off Amazon, so you wouldn't have gotten those digital files.
1 May 2024 | 7 replies
If you're penciling it on, on your buy that's a bit optimistic and you'll have to likely understand your house value would then appreciate re-creating a re-finance loan with a new & higher tax basis and insurance which would likely not make it as affordable as you are penciling in.My best advice is to look to buy a value-add, something on the MLS for longer days or off-market.

1 May 2024 | 11 replies
Regardless of what market you select, you would be wise to put some resources into building your off-market deal funnel.

30 April 2024 | 12 replies
First off a little about myself, I am 37 years old with a wife and daughter.

30 April 2024 | 6 replies
I own a rental property appraised slightly over 100k and is completely paid off.

1 May 2024 | 7 replies
Are you Military and have to live off Base?