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Hi,I have been REPS the past 3 years. This year (tax year 2021) we did well because we purchased a property and did a cost segregation. The other two years I didn't see a financial benefit from doing reps. Maybe I 'di...
I don't make much on Airbnb($3k-4k) a month but my Airbnb is rented out at 92% occupancy rate which is great and get about $6k/yr more than what AirDNA states I am getting. I think I am pricing my unit pretty well wit...
As investors we are usually looking for one of two things, sometimes both. 1. Cash flow or 2. Appreciation and if you can get both, that's a bonus. Keep in mind that Flips require appreciation to be profitable and are...
I currently closed my first rental property this month at 5.875% 30 yr fixed conventional rate with a payment of $1100 per month. Rental is $1450 per month so the net positive cashflow around $225 per month after all ...
Artificial Intelligence (AI) has been changing the world as we know it and the real estate industry is no exception. As a real estate investor, I’m sure you are wondering how you can utilize AI in your portfolio and o...
If I purchased a new or majorly remodeled property where all the major systems were new, how might that effect my CapEx expense category? I realize that it still needs to be saved for, but if my roof shouldn't need to...
Hi all - we have an ADU in our single family home and have been including the cost of utilities in the ADU rent. We recently started charging our tenants a $100 flat rate to help cover some of our soaring utility cost...
We have a 1968ish trailer that will be rented out soon. It had a very old oil furnace that we threw out. What type of heat would you guys recommend for a trailer? The house has 4" of insulation in the attic that...
The obvious answer is zero - it's a suicidal strategy! But, here's the full story:I live in SoCal and currently rent but have a down payment saved and ready to buy. Unfortunately, property prices are currently detache...