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28 June 2024 | 16 replies
A business partner and I purchased a pizza place in Tampa from a small Italian chain that was wanting to move out of the market.
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26 June 2024 | 5 replies
@Thomas DelisleKnowing your goal and why you want to invest is the first thing.
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26 June 2024 | 7 replies
Also at the end of the fiscal year we typically take out an owners distribution based on how much money is still in the account and what our upcoming goals are regarding new expenses.
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27 June 2024 | 8 replies
It is true that does not apply to investment property, but what happened was that first time home buyers that did not qualify for a home loan were trying to circumvent that Dodd Frank rule by saying "oh, this is a rental property" (wink wink) and then move into it...basically creating a no-income verification loan.
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26 June 2024 | 2 replies
Our goal is to stay away from the war zone, class d/f stuff.
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29 June 2024 | 8 replies
If and when I am ready to move on from the house will evaluate if it makes more sense to rent vs sell. at the end of the day you can probably call this a different way to house hack.
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28 June 2024 | 100 replies
This structure, if the data I'm finding is true, is unsurvivable if the market moves against them.
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26 June 2024 | 3 replies
The goal is to have a outdoor lodging; domes, tents, or cabins, and have an equine stable on the property.
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27 June 2024 | 5 replies
The cost to "evict" may actually be 1/20th since 'stuff' doesn't have tenant's rights the way a residential tenant does, but the entire other basked of 'stuff' to deal with seems like it might be closer to 1/2 or 75% of the 'normal' level of time/attention/etc that you as the landlord have to deal with.... but you're only getting 1/20th the income.Unless of course you are going to tie these to the 7 units themselves, and moving forward every time there is a vacancy, include the storage with the unit as a bundled pair, and increase the rent accordingly.
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27 June 2024 | 3 replies
Like you, I evaluated a bunch of properties back in 2019-early 2020 and regret not making a move back then.