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2 October 2024 | 48 replies
Property manager.
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3 October 2024 | 5 replies
Listing the property on Zillow, Airbnb, and insurance relocation sites like ALE Solutions should help you get it rented @Vincenzo Peter Manzella
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2 October 2024 | 7 replies
I'm thrilled to begin my journey into buying short-term rental properties.
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2 October 2024 | 9 replies
Will they be depreciated over 27.5 years or as personal property on a shorter schedule?
3 October 2024 | 1 reply
OR should I be saving to just buy an investment property?
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24 September 2024 | 1 reply
The fact that you were able to rent the property after a full gut renovation indicates a good return on your investment, and refinancing after the rehab was a smart move to recoup your cash and prepare for future deals.One key observation is the challenge of rehab budget overruns.
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2 October 2024 | 16 replies
I highly recommend reading the BP books for self-education and house hacking a 2-4 unit property for your first deal.
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2 October 2024 | 9 replies
Holding the property could require subsidizing rent, making it risky.
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2 October 2024 | 13 replies
As a first-time property owner, you should focus on strategies like BRRRR and house hacking.
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3 October 2024 | 1 reply
Most homeowners shift to winter rentals during those months to keep some cash flow.If you’re planning to use the property yourself for two weeks in the summer, it’s important to keep in mind that it will take away a significant chunk of prime revenue, which will make it harder to break even or generate solid income.If year-round traffic is a key factor for you, you might want to look into areas down south or near a National Park, but with the right property and strategy, Cape Cod can still be a good investment—especially if you’re looking to have something to enjoy and eventually leave to your kids.