
26 June 2025 | 0 replies
Now, because they have more homes to choose from, buyers are able to ask for things like repairs, credits, and help with closing costs.

10 June 2025 | 15 replies
The generalized slang of "buy under market value" is a short form way of saying "buy at a price that affords correct margin to effect what repairs and problem solving is necessary with an appropriate profit margin and carried costs to make it a net profitable venture".

17 June 2025 | 13 replies
Six weeks without clear communication is definitely longer than average for a typical turn, unless there are major repairs or permit delays involved.

4 June 2025 | 17 replies
I plan to purchase it in cash and repair the foundation.

11 June 2025 | 1 reply
While it’s rural, I ve found that it has decent returns in terms of cash flow compared to the DFW area where I currently own 2 properties that are barely cash flowing (newbie mistake).I’m looking to acquire properties thru owner financing around the price ranges of 30-60K that need modest repairs (cosmetic).

11 June 2025 | 2 replies
How do i make it intriguing and then show I'm capable of doing what i claim. should i try working with them on their mobile home park showing i can do this type of managing, repairs.

15 May 2025 | 8 replies
Quote from @Justin McCarthy: We had a refrigerator that needed repair.

25 June 2025 | 6 replies
The decision between buying a true investment property vs. a second home with STR income depends a lot on how you plan to use it—and how much you want the IRS involved in that definition.Here’s a quick breakdown to help you compare: Option 1: Second Home w/ STR IncomeYou stay in the property personally (including friends/family time).You can still rent it out, but personal use impacts tax deductions.If you use it more than 14 days OR more than 10% of total rental days, it’s considered a personal residence with rental activity under IRS rules.Pros:May qualify for second home mortgage rates (usually lower than investment)You get personal use flexibilityCons:Rental-related expenses must be prorated based on personal useLess tax write-off potential (can’t take passive loss deductions unless it qualifies as a business) Option 2: Pure Investment Property (STR Business)You limit or eliminate personal use.The property is treated as a rental business under the IRS.You can write off:DepreciationManagement feesTravel to inspect/manageSupplies, repairs, and morePros:More robust tax benefitsClearer cash flow analysisEasier to grow into multiple unitsCons:No personal use flexibility without triggering IRS reclassificationOften comes with slightly higher lending rates or down payment requirements Where to Start:Talk to a STR-friendly CPA – This is huge.

9 June 2025 | 1 reply
I'm looking for an experienced handyman that would be able to repair soft subfloor and replace lvp flooring.

6 June 2025 | 15 replies
So, yeah, my question about the $7,000 or $12,000 and paying for the repairs holds.Since you're likely to reply with more incoherent nonsense, I won't be replying any more unless anyone has honest questions like the original poster and many of the other great people on this forum.