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9 January 2025 | 9 replies
HELOCs are definitely a good option for financing BRRRRs.
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1 February 2025 | 7 replies
I wonder why they don't make roofline sprinklers or some other product like that.
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28 January 2025 | 1 reply
I wonder if the fed will look at equalizing market rate and sec 8 rents to mirror each other.
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6 February 2025 | 30 replies
Quote from @Jeff Roth: Hi Lina from Texas-Congratulations on your interest in investing in mid-term rentals and you are wondering how and where to get started.I get this question frequently from investors.Sometimes and investor is looking to keep their property cashflow positive as insurance and taxes have squeezed cashflow by turning units into mid-term or short-term rentals.First off, ideally, the property will cashflow as a long-term rental should something disrupt the mid-term rental model.You will also want to have the property be near where there would be a demand for mid-term rentals (hospitals, universities, research centers).Monthly rents for mid-term rentals are about 20% (+/-) higher than unfurnished similar long-term rentals.There are property managers that will manage mid-term rentals for you and I always advise my clients to use property managers to keep their investment as passive as possible and for compliance issues related to Fair Housing Laws and local regulations.To Your Success!
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6 February 2025 | 12 replies
Hi Jon from Boyertown, PA-You and your fiancé are interested in buying your first short-term rental and wonder profitable areas to purchase with a budget up to $500,000.I would look at places along the west coast of Michigan, Grand Rapids, Kalamazoo, and near Ann Arbor, MI.It is important to understand the local STR regulations in each community and partner with a property management company that can help your navigate that and manage it well for an excellent guest experience.Don't forget to look into bonus depreciation and doing a cost segregation study to increase the tax benefits of ownership and if you "materially participate" in the management of the property per IRS guidelines it can offset active W-2 income which most real estate cannot.To Your Success!
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6 February 2025 | 12 replies
Quote from @Melissa Sejour: I am new to the real estate investing space and was wondering how do you go about researching the best areas to purchase properties?
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3 February 2025 | 8 replies
Yes, use of single office space did die off with COVID, but because there was not an option.
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29 January 2025 | 10 replies
Adding mass to the walls works wonders—attach Mass Loaded Vinyl (MLV) to the shared wall, then cover it with a layer of 5/8” drywall using Green Glue soundproofing compound for extra noise-blocking power.
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20 January 2025 | 6 replies
Hey, I was wondering if anyone has had success in the downtown/midtown Sacramento for STR.
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23 January 2025 | 16 replies
I found myself overwhelmed with all the options.