We recently decided to sell a property without rehabbing it for maximum profit. This seems counter intuitive for a real estate investor. This is the first time we have done this and I originally planned to do a full rehab on this property when our tenant moved out prior to …
For heavy savers the path of least resistance leads to a massive tax bill. Imagine you do everything right. You are married and you and your partner start saving early, you save 15% of your income with a company match and retire at 62 with $2 million in your 401Ks. …
From the beginning of our investing journey my long term goal has been to buy distressed houses, add value, rent them out, pay them off, and keep them forever. Using this strategy owning around 10 houses would provide for a very comfortable retirement. We are now in our 7th year …
Recently I have gotten some negative feedback about turning 2 homes in my neighborhood into short term rentals. Let’s examine what I have done and how that fits into the broader question about short term rentals in America and Southwest Michigan. My Experience: In 2024 I bought a home in …