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Curious of what everyone is electing their SFR deductibles to be? My thought was the higher the better to maximize cash flow. I have been keeping them between $9,000 to $10,000, does anyone go higher?
The response I get most often when I ask this question is that it's disruptive to local lifestyles to have more frequently rotating tenants and as a result STRs can decrease property values. The first one is qualitat...
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I'm sure most of you are laughing at the label on this thread. Hear me out.I started a thread several days ago about how high can real estate prices go. The majority of the responders have all acknowledged that we are...
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So my first true deal (besides a raw land flip) will be a spec build. Actually it'll turn out to be 3! My good friend is a builder and let me in on a deal that he knew of. I purchased an old house that I will t...
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Hi,We just had a very BAD rainstorm here in Michigan (oakland county). My house and 2 rentals had water in the basement, unfortunately I didn't have flood insurance (like 99% of people here it seems). The water has be...
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Hello BP Community! I am in need of some advice/knowledge on Capital Gains Taxes pertaining to my personal situation.My wife and I currently live in CA and are planning to sell our primary residence in the next month...
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Today, I am grateful for having decided on a professional property management company. And thankful they were dedicated enough to leave church -on a Sunday morning- to call the police and rush to the unit, all to prot...
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I am hearing that others are getting 100% financing on new purchases, sometimes based on appraisal, not purchase price. Locally, I've called every bank in a 50 mile radius, and everyone has the same answer... 60-80% ...