Ryan Johnston
Long Term Rental Property Better to Re-Rent or Sell?
16 May 2024 | 0 replies
Overview:Address: 3960 Pleasant Shade Dr, Atlanta GA 30340 (Have owned for since Nov 2016 and depreciating)Details: 3 bed 2.5 bath 1,847 square feet (None of the photos online are current)Principal Owed: $232,000Mortgage Rate: 3.375%Monthly Payment: $2,010 + $250 for landscaping and pest controlCurrent Rent $2,450 a monthProjected New Rent: $2,750-$3,000 a monthPotential sales price $450-500k.
Gian Jr, III
Check my math? Deducting STR losses against high wave W2 job.
19 May 2024 | 25 replies
I will most definitely purchase a cost segregation study to nail down what I can depreciate at an accelerated rate.
Rao B.
All in for passive income !!
18 May 2024 | 1 reply
When interest rates are peak high I started my first investment and was able to cash flow !!
Ike Hobbs
My First BRRR
18 May 2024 | 1 reply
I had hard money for the purchase and got a personal loan for the rehab (half the interest rate).
Christian Busch
Should you buy preconstruction condos? The pros and cons in summary
16 May 2024 | 2 replies
**Financing Risks:** High-interest rates on pre-construction loans can impact your overall return, especially with rising cost of capital.
Tim Silvers
How to protect against potential mechanic's lien after closing?
17 May 2024 | 4 replies
The contractor does not necessarily get the money, but has to pursue it, and it still allows me to sell the property.Any further advice/thoughts greatly appreciated.Put the maximum amount of possible recovery , plus possible attorney fees, in escrow.
Boffill Yosleys
Property manager for medium term rentals
18 May 2024 | 7 replies
As Nathan said, for an MTR - expect their rate to be 12-20%. just be mindful of such!
Annwar Matani
Decided to focus on investing in Philadelphia
17 May 2024 | 34 replies
But now it seems taxes have increased, additional government fees, ie lead testing for any property built prior to 2017, and also increases in sewer / water rates.
Juan Lizarazo
Book keeping software advice!
18 May 2024 | 11 replies
I think I paid $30 bucks for it and never updated quicken to a paid subscription as I don't need any of those annual fee features.
James Robert
Contractor Keeps Picking Up Other Jobs During My Flips
18 May 2024 | 15 replies
I almost want to just hire workers full time at an hourly rate and have in the contract they cannot take other jobs until mine is done.