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21 January 2025 | 11 replies
Saul, Phoenix and Vegas are popular markets, but I’m not sure they’ll actually cash flow well with today’s prices and interest rates.
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27 January 2025 | 11 replies
It’s a very popular market for out-of-state investors. ok that's great to hear, thanks Julia!
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7 February 2025 | 1 reply
No Fix/Flip.4. 2 Bed/2Bath, patio, parking- preferably designated, Near base, but out of the way, not on congested street frontage.5.
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3 February 2025 | 9 replies
Quality of property (newly remodeled, special charm, design) = less headaches with guests 2.
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4 February 2025 | 11 replies
My wife sells them and does the interior designs etc.
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3 February 2025 | 6 replies
They apparently help you screen for a property, acquire a corporate lease, and design the airbnb rental.
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16 January 2025 | 17 replies
Hi, you seem like a potentially good candidate for DSCR Loans, a loan product that was essentially designed for exactly this - investors that want to build a portfolio relatively quickly and not be slowed down by DTI requirements or other hassles from conventional options.Would be glad to help, also check out this 12-part series published here on BP on everything you would ever want to know on this loan option!
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4 February 2025 | 4 replies
Additionally, the study must be completed by “qualified individuals” and “professional firms” that are competent in construction, design, auditing and estimation procedures for building construction.So while a specific methodology isn’t required by the IRS, taxpayers must ensure that their depreciation deductions and classifications of property are substantiated with supporting evidence.
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4 February 2025 | 1 reply
Creative Freedom: You get to design and transform spaces, which can be personally fulfilling.The Bad: Where Flippers Lose Money⚠️ Underestimating Repair Costs: Surprise structural issues, contractor delays, and material price spikes can kill your budget.⚠️ Market Changes: A hot market today might cool down before you sell, which reduces the profit.⚠️ Financing Challenges: Hard money loans carry high interest rates that nibble into the bottom line.Unrealistic timelines: If you think you're going to be in and out in 60 days, you're sadly mistaken-most flips take longer than expected.Real Talk: Is Fix and Flip Still Worth It?
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31 January 2025 | 12 replies
Popular choices like Fidelity, Schwab, or Vanguard let you invest in a range of stocks, mutual funds, and ETFs.