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26 April 2024 | 4 replies
This will have one more bed and bath which will bring a higher nightly rate but I'd be happy if it performed as well as our current STR.
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26 April 2024 | 8 replies
In addition, I often request to visit there current residence to see how they take care of the property.5.
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29 April 2024 | 32 replies
SUCKS CUZ I WAS JUST TRYING TO SECURE A LITTLE STABILITY FOR MYSELF AND MY HUSBAND WHO HAS CYSTIC FIBROSIS, GRAND MAL SEIZURES ( THAT OFTEN RESET HIS WHOLE BRAIN), AND IS CURRENTLY OUR MAIN PROVIDER.
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29 April 2024 | 64 replies
Any feedback from current mentees would be appreciated.
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26 April 2024 | 21 replies
For example I used my current house hack to pull a HELOC and bought out of state.
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26 April 2024 | 5 replies
You get to deduct the full 481(a) catch up amount in the current year.1.
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22 April 2024 | 3 replies
Are there still opportunities for rental property investing in this current market with the interest rate and houses prices so high?
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26 April 2024 | 4 replies
Doing all 3 scenarios here would cost about 1M$ to 1.2M.The numbers are:- Purchase price: 1.5M$- Current mortgage: 65% LTV, 2.55% 30y fixed- Property taxes: estimate 25k$/y- Current rental income from two 1bed/1bath units: 2200$/m each- Previous rental income from the 2bed/1bath house: 3600$/m- Property mgmt: 12%- Quote for garage ADU conversion: 500k- Quote for remodel: 400k- Quote for JADU: 300k- Estimated rental income from ADU conversion: 3500-4000$/m.- Estimated rental income from remodeled house: 5000-5500$/m.- Estimated rental income from JADU: 2500$/m.Concerns we have:- There's no comp in the area that sells for more than 2.5M for a setup like this.
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26 April 2024 | 11 replies
Morning, My current accountant charges me $725 to do my taxes for my three properties.
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26 April 2024 | 10 replies
I will be sticking to my current method of one account for deposits and then transferring the money around.