Jazmin Winsor
Purchased first home, house hacked and needing tax advice
31 October 2024 | 4 replies
I on the other hand am begging for him to try a cpa since there’s alot of new concepts with maintence vs improvements etc for tax purposes.
David Matthew
Thoughts on my 1031 re-invest strategy?
2 November 2024 | 19 replies
I’ve had investors that initially bought SFRs in CA and accumulated about $400k - then sold the properties and now are actively buying fixers, small homes and value add properties where they use the $300k to purchase and improve and make between $200k to $300k per year in gross profits when selling a renovated or improved property.
Dina Schmid
Negotiations When Purchasing Existing STR
1 November 2024 | 19 replies
Major issues like foundation work, bathroom renovations, and deck repairs are considered capital improvements, which can be depreciated over time, allowing you to offset a significant portion of your rental income with those deductions.
Kevin L.
How to raise under market rent for a 4 plex in Bridgeport?
1 November 2024 | 17 replies
Since you need to make some improvements to get the rents to market levels, it could make sense for you to inform all of the tenants you will not be renewing their leases so you can fix all of the units at once and then get them rented.
Naseem Abdel
Property Management Software
31 October 2024 | 2 replies
Always interested in something that can improve operations.
Marco Chaidez
ADU-Ready Flip in San Juan Capistrano: A Profitable Transformation
31 October 2024 | 0 replies
Timing can sometimes be as valuable as improvements in this business.
Jamie O'Connell
Section 8 - My Experience Two Years In
7 November 2024 | 45 replies
We have always had the philosophy that if we rehab our properties to a quality level, we will get higher rents, better tenants who take care of them, and we will improve the neighborhoods we invest in.
Matthew Schulz
New Member looking for insight on Rockford IL, maybe section 8?
31 October 2024 | 1 reply
Rockford seems to be improving, but what areas are a "no go" for buy and holds?
Glen Michael
Survey's to your owners and tenants....
31 October 2024 | 2 replies
I know Property Meld has something built into their Maintenance dashboard where it asks for reviews after maintenance issues are handled and I think if they rate 4 or 5 starts they then ask for a google review and if it's 3 or below it stays internal and gets circulated around so the team can figure out what went wrong and improve on it.
Scott Meech
Determining Quality MTR
5 November 2024 | 34 replies
We've helped a lot of our members trouble shoot and make minor tweaks to their properties to improve the performance.