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24 September 2021 | 8 replies
For instance, I still work a full-time job (remote fortunately), so my vacation days are something I have to consider.
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23 September 2021 | 1 reply
I'm curious to hear people's stories of someone who wanted to invest in rental real estate but got in over their heads through taking on too much debt, stumbling during rising interest rates with an adjustable rate mortgage, etc.
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24 September 2021 | 2 replies
I try to dig into and seek governmental policies, for instance, laws that may regulate/cap rent, property tax increases, different zoning laws that may hurt or help my strategy in the long run.
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4 October 2021 | 10 replies
For instance on my Canadian property, if I were to sell, I would only pay capital gains on the appreciation after the point I classified the property as an investment as opposed to being a primary.
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24 September 2021 | 3 replies
This could be over my head but I would like to know...
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29 September 2021 | 12 replies
The strategy I plan on utilizing once I get through the Winter season is to send a rental increase package explaining why a rent increase is needed, showing comps of current market rents (for instance, using rentometer), and offering a few different options such as a year lease at a reasonable price, a 6 month lease at a higher price, and a month to month at a slightly higher cost.
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11 October 2021 | 11 replies
@Frank Basile, I love where your head is at!
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10 October 2021 | 18 replies
Christ bro, why are you in your head so much?
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6 October 2021 | 8 replies
I will be attending the BiggerPockets Conference (BPCon) in New Orleans from October 3rd to 5th, 2021.If you are local to Houston, Texas and will also be attending Let's Connect and meet at the event.This is my first BPCon attendance and I am stoked to be able to experience it with likeminded individuals of all ages.I would love to get connected with other attendees before the actual event so if you’re heading down to New Orleans in October, feel free to reach out so we can further connect when we get down there.Looking forward to seeing new faces and learn about some of your experiences.Logistics to KnowWhen: October 4-5, 2021Where: The fun is happening at The Sheraton Hotel New OrleansBuy your tickets today at www.bpcon2021.comI will see you there!!!
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24 September 2021 | 6 replies
So, where my head is at, let's say I do 4 BRRRR projects in a year where each project is a $50,000 renovation, or $200,000 in renovations for the full year.