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3 February 2025 | 0 replies
Bought under value and currently adding a couple more homes and have brought two new tenants in as well What was the outcome?
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24 February 2025 | 72 replies
I have been on VRBO since I started STR and currently hosting my first guest from them.
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5 February 2025 | 17 replies
I currently own a commercial general contacting company.
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2 February 2025 | 7 replies
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11 January 2025 | 4 replies
Depends on your goals and the current market.
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9 February 2025 | 3 replies
I am a 19 year old full-time student, currently a freshman at the University at Buffalo.
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6 February 2025 | 10 replies
If you spend the entire $300k restoring the property, then here is the end result:- deductible casualty loss of $50k- no current tax- the restored property has $0 basis and cannot be depreciated- when it is later sold, the entire sale price is taxableMechanics and reporting are tricky, and I would not recommend to DIY it, especially since my scenario is over-simplified, and your real scenario is likely to involve more gotchas.Thanks so much.
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6 February 2025 | 6 replies
Quote from @Jaycee Greene: Hey Jaycee, we currently lend on several loan types: Fix & Flip up to 90% LTP, BRRRR, New Construction, Bridge Loans, & Multi-Family.For myself personally, I'm looking in the Orlando, Philadelphia, and Southern NJ markets, 1-4 units.
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8 February 2025 | 5 replies
It's eating away every bit of cash flow from the property and then some.Both units currently have baseboard heating - which I've heard can be on the more expensive side of heating options - but I'm not sure if this amount is realistic for the area, or if there is a better heating option that I should look into for a reasonable cost.
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31 January 2025 | 3 replies
Due to current interest rates, many CAP rates are much lower than they should be and usually there is only so much price discount a non-delinquent seller will be able or willing to offer.