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24 September 2024 | 1 reply
The fact that you were able to rent the property after a full gut renovation indicates a good return on your investment, and refinancing after the rehab was a smart move to recoup your cash and prepare for future deals.One key observation is the challenge of rehab budget overruns.
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27 September 2024 | 6 replies
I personally plan on purchasing a home within a year and start to house hack (depending on the FFG(X) contract that Joshua spoke about above).
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27 September 2024 | 7 replies
I am considering whether asking the bank for a loan over the property to use this capital to buy another fix -flip property Or to sell the property, ( maybe wholesaling because closings costs would be expensive leaving no profit left) I am here to read your ideas on this.
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2 October 2024 | 3 replies
I have never owned a home before but I’m considering buying a place here, living in it while I’m here, then short term renting it and using it as a vacation property when I move back to Canada.
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2 October 2024 | 5 replies
I did STR in a duplex starting back in 2017 and managed for others in North Conway, Ive since converted to all long term tenants and happy i did so... unless your property has something unique or a "rare" amenity.... like, sleeps 30, I honestly would not waste any energy on it in the north Conway area. so saturated, and so much big money being invested in the hotels, its tough to match amenities vs cost, and I see travelers trending back towards the hotel style accommodations. granted, for the right price, I'd buy anything and figure out what the best use for it is. use airdna.co for decent data on # of Short term rentals in any particular market. can also identify opportunities. the point of my response.... be careful in STR in any area and always have a plan B. you can change a lot of things about a property, but your cant change your basis!
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25 September 2024 | 8 replies
If I invest a multifamily through a Roth IRA, will I still receive the same tax benefits as I would with personal cash when I file my tax return?
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2 October 2024 | 1 reply
$400 for the premium properties $350 for closer to average finishes.
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1 October 2024 | 12 replies
She eventually got a new boyfriend supposedly but I never saw him there and as far as I know he didn't stay overnight and I never saw his stuff there to worry about adding that person to the lease.
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24 September 2024 | 9 replies
Hello, I’m searching for a property manager for my three family, gut-renovated, vacant property in Bedford Stuyvesant Brooklyn .
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26 September 2024 | 8 replies
I'm an educator, a personal caocher and business advisor and since my kids has grown up 10 years ago I started doing real estae in Israel, where I live.A few years ago we went into some 3rd party investments in the USA, as part of an LLC group of investors- one in Manhattan and one in Atlanta.Based on the experince I have with those market (as well as Newtom MA, where I lived for 3 years) I lately decided to choose Milwaukee as my next market, focusing at the moment on single family houses.I'm looking into 3/2 single familiy houses to buy and will be happy to work with local agents and build a team.