Why you should add a 10% cushion to your rehab budget
Friday, February 24
As a real estate investor, I understand the importance of budgeting a cushion for unexpected additional costs when planning a rehab project. In my experience, the actual rehab cost is always more than what I initially budgeted for, which is why I always add a 10% cushion to my rehab budget. In th...
THE GOAL IS EXTREME OMNIPRESENCE
Sunday, February 19
Hey there, I'm excited to share that I've become a contributor to the American Apartment Owners Association (AAOA)! As someone who's passionate about real estate investing, it's a huge accomplishment to be a blog contributor by an organization like AAOA. I'm also a regular blog contributor to Big...
The Consumer Price Index (CPI) report for February 14. 2023
Tuesday, February 14
The Consumer Price Index (CPI) report for February 14. 2023 was released earlier today. The Consumer Price Index (CPI) measures the changes in the prices of goods and services that households purchase. It is one of the most important indicators of inflation in the economy. In recent months, the C...
Choosing the right real estate loan: Agency, Community Bank, or Bridge
Saturday, February 11
When it comes to real estate financing, there are several options available, including agency loans, community bank loans, and bridge loans. Each type of loan serves a different purpose, and choosing the right one can be critical to the success of your project. Let's take a closer look at each ty...
Maximize Your Tax Savings with Real Estate Investing
Tuesday, February 07
Hey there! As a CPA and former tax accountant, I wanted to share some tips with you on how to make the most of your real estate investments this tax season. There are a few key benefits you should know about that can help you save big on taxes. Depreciation: This tax deduction allows you to write...
The Feds Raises Interest Rates by .25% and Its Impact on Multifamily
Thursday, February 02
Yesterday, the Federal Reserve made the announcement that it would be increasing interest rates by 0.25%. The Federal Reserve's goal is to lower and stabilize inflation at 2%. This move was taken in an effort to control inflation and keep the economy stable. At the same time, Freddie Mac, a leadi...