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30 July 2024 | 6 replies
I asked my accountant if I can deduct anything in the property like depreciation and he said since nothing is in my name tax wise I can't.
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29 July 2024 | 25 replies
The rent to price ratio here almost matches the RTP ratio of the C class areas but the main trade off you experience with access to better tenants is that the taxes are higher.
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1 August 2024 | 3 replies
Everything I read online says DO NOT use exterior stain on the interior due to the fact it gives off harmful chemicals.
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30 July 2024 | 4 replies
Any other advice or strategies for finding your first off-market deal?
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1 August 2024 | 35 replies
That is correct @J Scott as my entire business model is based off your books.
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31 July 2024 | 19 replies
The main reason is because local governments are getting quite aggressive trying to shut down STRs and creating new taxes etc for them.
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29 July 2024 | 9 replies
It's a write off and well worth it (especially considering you're bringing in $60K per year from one rental).
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30 July 2024 | 9 replies
Myself and my mom were former clients of this business and can attest to the fact that Terrance Burner and Taya Lee scammed us.Terrance basically marketed Invictus as a "hands off out of state real estate investing company".
1 August 2024 | 125 replies
She called and told me straight off that her husband has 2 prior felonies.
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2 August 2024 | 10 replies
They have been a mess, I have 3 deals that should had been paid off in 2022 and all went to foreclosure.