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19 March 2024 | 3 replies
I would appreciate any insights.1- In a partnership or LLC, can both partners benefit from this strategy if they invest in the same property?
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19 March 2024 | 18 replies
Question on reply to another user about: What actually makes a market better or worse to try and implement the BRRRR strategy.
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19 March 2024 | 9 replies
Hello Sandra,I am also very interested in building a wholesale business that I can leverage in the future and use the BRRRR method investment strategy.
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19 March 2024 | 7 replies
But if you're looking to beat rent, get *closer* to breakeven or even cashflow (depending on rent strategy) then definitely check these out and reach out anytime with questions.
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22 March 2024 | 81 replies
That's also my strategy exactly for locating the target properties ... with the added help of modern technology of course: I have a data base of the properties we're interested.
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19 March 2024 | 1 reply
Implement a Mgmt strategy?
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19 March 2024 | 12 replies
You wouldn’t be able to accelerate the entire $80k it would be more like 15-20% of the $80k depending on your exact property and as determined through a cost segregation study.If you’re not going to keep the property for at least 5 years or have a specific exit strategy in mind it may not be worth it to you.
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18 March 2024 | 5 replies
We for example, are OK with "Cabin Style" under this brand-new definition - since this issues comes up frequently:Properties with “Cabin Design (Style)” per appraisalreport are eligible if Foundation Walls = Concrete Block Roof Surface = Metal or Shingles Heating = FWA Interior Walls = Drywall or Plaster
19 March 2024 | 12 replies
While you can’t completely control who applies to live in your properties, you most definitely can find areas that are popular with students, young professionals, families, etc. 4) just as important as finding the property, you need to have an exit strategy in mind for the property.
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19 March 2024 | 11 replies
Much appreciated,J I know @Jonathan Klemm has operated a STR in Chicago and I believe you are correct about the occupancy rules.Like @Michael Baum said considering the mid-term rental strategy (30-90 days) may be a good strategy to get around STR rules.