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14 July 2024 | 7 replies
I have done mid term rentals for years, and mostly by the room (similar to you renting out different parts of your house).
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12 July 2024 | 17 replies
Don't reduce rent for longer terms.
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13 July 2024 | 0 replies
If so, how was the lot with the house on it impacted in terms of market value?
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15 July 2024 | 12 replies
@Katie Southard For first tenant after we moved who said no way to get to post office during hours, we gave them our keys with signed addendum to the lease that said if they don’t return all of our mailbox keys at lease end, I’m reimbursed for my deposit from their security deposit, and that they are responsible to obtain new keys from post office, themselves, during lease term if lost.
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12 July 2024 | 17 replies
As is price point.. this will give you a better long term outcome.if you buy way under median your getting into renter dominated neighborhoods and schools for sure will be bottom ranked.. instead of going East have you considered Vegas.. lowest prop tax's basically in the country. no big weather issues desert landscape super simple to take care of.. and Stucco homes with tile roofs no big thunder and wind storms to ruin roofs etc etc.. you can buy nice rental house there is a solid B location for about 300k. just worth checking out if you never have..
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11 July 2024 | 0 replies
Holding Period: Short-term vs. long-term holding affects tax treatment.What challenges have you faced with taxes when flipping properties?
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12 July 2024 | 13 replies
Based on conversations, CRE could be a great option long term but I may be locked into a lower income in the short term and the potential for earnings are more dependent on my production in the residential space.
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15 July 2024 | 33 replies
Does anyone know of a list site that will provide targeted lists (that are not a scam) like:- Owners of houses who have owned thier homes for over 20 years (posssible repair problems so they might sell for less, or possible free and clear owners who might sell for terms)- Non-owner occupied (burned out landlords)Then one could do a direct mail campaign.
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15 July 2024 | 50 replies
One thing everyone reading along should consider is how long it would take to repay your investment in a $10k, 20k or even 30K class by earning 5% on your money.
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11 July 2024 | 0 replies
Idea of long term buy and hold investing, building up equity & future cash flow.