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7 June 2024 | 9 replies
I'm trying to understand how the financing works; Let's say I get a mortgage on the property, but only own for 6 months, as I've purchased, renovated, and made the sale to the next owner.
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7 June 2024 | 0 replies
Purchase price: $325,000 Cash invested: $5,000 Sale price: $389,900 This was a quick wholetail deal!
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7 June 2024 | 5 replies
What side of town did you buy on and how many units was the property you purchased and what was the price?
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7 June 2024 | 8 replies
Since the home is so new, the title is likely fine but you'll want to make sure you're aware of any liens on it (likely the case if its purchase was financed).An ADU is not a bad idea or even bring in another trailer if the county will let you.
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7 June 2024 | 3 replies
A potential issue I will point out is that I’m pretty sure you need to put into service the property in the year you purchased it, at least for bonus depreciation.
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7 June 2024 | 5 replies
Financial freedom requires a passive income that meets three requirements:Your income outpaces inflation: Inflation continually erodes the purchasing power of a fixed amount of money.
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6 June 2024 | 16 replies
Hello,I am interested in purchasing a short term rental in the Ludlow, VT market but am struggling to cash flow in my analysis.
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6 June 2024 | 13 replies
Looking to purchase a 3rd home (2nd vacation home but planing to also use it as our 1st STR also).
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7 June 2024 | 2 replies
I have seen the signs in homes that we have been looking to purchase.
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7 June 2024 | 4 replies
Make sure to factor in all expenses, including property taxes, insurance, maintenance, and property management costs.Once you've found a suitable property that meets your criteria, make an offer and move forward with the purchase process.