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I launched an MTR in Asheville, NC in mid-2018. The home is a 1-bedroom and is about 10 minutes away from both downtown and the largest hospital in western NC (i.e., Mission Hospital). MTR was hardly a concept back th...
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I get this response from owners from time to time and wonder how others deal with it? If its been a rental, there is depreciation recapture and cap gains tax. Some people don't want to be landlords anymore but don't w...
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I have seen a couple of houses with termite test kits, and have thought about getting them for my other rentals (single family homes). Is this a beneficial use of my money? What are the pros and cons?
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Hey everyone, Seth Baumgartner here. I work a demanding job with SpaceX that requires long hours and frequent travel. While I'm passionate about real estate investing, balancing it with my day job can be a challenge. ...
My experience:Bought: March 2021, $64,900Sold: April 2024, $48,500 - $5,000 (agent fees/closing fees/etc) = $43,500Rental income (rents - expenses): $5,600Average annual returns: 2.9% (approximate)Net loss at sale: $1...
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Hey Everyone,I have my first property under contract for a 2/1 in Indianapolis that I was able to get before it went on the MLS. I am planning to purchase for cash but I have the option to purchase using a hard money ...
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Duvet covers can tend to take a real beating - people eat and drink in bed and spill things, they get washed often which causes them to fray and degrade, etc. Yet they can be quite expensive to replace frequently. Any...
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New to the investing part of real estate! My one private money lender that I have so far is unavailable and I have 3 great deals right in front of me. What do you all think? Should I attempt get hard money loans? Woul...
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I understand that SFH will have greater appreciation and most likely less turn over but was wondering if I were to manage it myself but it was somewhat far away would a SFH still be a better investment or a condo. Wi...
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I have a Corporation with rentals and a Liability Insurance for it.Then I have an i surance for my car and another for my home and an Umbrella ☂ policy that covers those. The purpose with this one is that if I got sue...