Ok all you STR pros, get out your red pens, I need some feedback!
A couple months ago I purchased my first STR. The house is in Canyon Lake, which is a beautiful lake known as the Jewel of Hill Country. The market we...
1) Buy Supplies in Advance (to increase expenses and offset income)
How much disposable equipment do you expect to use in 2021? Order it now so the cost is deductible in 2020 if you need to offset income. Buy what yo...
Does the previous owner's contract with a property management company still persist with you as the new owner? Do you take it over?If so, how long do these usually last/do you see contract termination fees?
I have a duplex, with a separate exterior space that I have been renting out to other third parties who wish to park a vehicle or boat there for a monthly fee. The space recently became available, and I have received ...
Hello everyone my name is Joshua Burrell, I'm from and currently reside in Houston Texas. I'm new to real estate and I'm looking to start flipping homes. I'm 35 years old married with 3 children. I look forward to lea...
SOOO... I was browsing the web looking for different deals and yada yada yada i see this advertisement for a 2 day special auction where 150 sandy damaged homes and lots will be auctioned and 24 with water views and 7...
I own a property in a nicer part of LA that I property manage myself.
For my next deal, I'm considering a 12 unit in South Central LA and am currently in contract. The deal makes a lot of sense, financially. ...
In 2017 we built two rental homes on land that my parents own (they have 5 other rentals on this property). It's 12.8 acres outside the city limits of Kyle, TX (if that matters). We lease the land at 5% of the renta...
Hi- my father in law passed away a few months ago and I am helping my mother in law sell her mobile home park, which they have had for 40 years. Any thoughts or advice on how best to value this? The Net Operating In...
Did you know that you can rent out your home for up to 14 days per year without having to report the rental income on your tax return? Section 280A(g) of the Internal Revenue Code is also known as the Augusta Rule. It...