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6 February 2025 | 9 replies
@Brian KohtzYes, you can potentially claim the property as a rental in 2024, but it depends on when it was "placed in service" for rental purposes.
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18 January 2025 | 8 replies
Alternatively if they all love the deal, that's also likely a good sign.You can get a dog of a property in a crap neighborhood that will yield a 13.6% gross cap (not saying yours is), but that certainly doesn't tell the whole financial picture of how the asset will perform.
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6 February 2025 | 7 replies
All depends on the market or if you want to be one of the only properties to offer a hot tub in your market, which could potentially tip your property to a top line in revenue and occupancy.
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23 January 2025 | 3 replies
The rate might be .5% higher for the 30 year, but looking at it financially what if you took that $187/mo and invested it into the stock market at 7-9% returns?
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5 February 2025 | 5 replies
Who will show it to potential renters?
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13 February 2025 | 9 replies
The IRS has challenged simultaneous "drop and swaps," so allowing some time between these steps is advisable.You hit this right on the head with your answer with TIC.You could also potentially do a Exchange Post Distribution (Swap and Drop).
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24 January 2025 | 6 replies
I would make sure financially you have a good base and then connect with a local agent
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25 February 2025 | 21 replies
I was trying to see how well on the financial side and what I may need to make it more attractive to go those ways.
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13 February 2025 | 17 replies
Like the world knows who the fund manager is for Bumblenard Financial is...
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16 January 2025 | 6 replies
Was truly one of the best financial decisions of my life.