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29 May 2024 | 4 replies
I'm done rental comps through Zillow, FB Marketplace and here on BP and it seems we could get between $1900-2500 for our SFH so we thought we would start on the high end and see what happens.I can't find the KPI test online but I've done the MBTI (on the Shorewest site) and the DISC personality quizzes and I feel encouraged that my skills and personality will be a good fit but of course also very curious to give it a try and see how I do in the long run, maybe I will be exposed to other roles that would fit as well.
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29 May 2024 | 4 replies
All rental income is subject to ordinary income tax rates as well, though it is not subject to self employment taxes.
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29 May 2024 | 15 replies
I could understand if I was looking for hard money or private lenders but I figure if one bank would approve a conventional mortgage on a property most other banks would as well at the same or similar terms right?
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29 May 2024 | 6 replies
Early interest in STR but hoping will grow into other things as well.
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29 May 2024 | 15 replies
You cannot do both simultaneously.MikeThat's what I thought as well!
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30 May 2024 | 5 replies
I look forward to continuing to learn from the BiggerPockets community as I navigate my real estate investing journey.I’ve had some success on the eastern shore of Maryland, though even that market has started to frankly become expensive, there are still pockets of potential growth both rent & appreciation, thoigh it’s becoming harder to find, also there is a massive rental shortage out there, a county I just put a property contract on, literally has 3 properties for rent right now, but it does make rental comps quite difficult, outside of that I’ve started looking a little more into western Md and some southern pa markets but still trying to get a feel for them, overall I think in this market places that are affordableish and have some draw will do well with the continued wfh + affordability crisis but keep in mind while I think the eastern shore is actually fairly safe market for the most part a lot of rural areas definitely have boom bust potential and in theory more risk than dc metro, though the low price points do by definition tend to mitigate some of those risks.
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29 May 2024 | 15 replies
I have some properties out of state as well as in-state.
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29 May 2024 | 0 replies
Well, we all know real estate investing, especially flipping houses, isn't quite that glamorous.I thought it’d be fun to share some real-life stories and lessons from our flipping adventures.
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29 May 2024 | 64 replies
Easiest thing in the world to stick them with, and it holds well.