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25 December 2024 | 11 replies
If one or more units are vacant, the remaining units often don’t provide enough cash flow to cover expenses, making it harder to meet operating costs.Maintenance costs: A fourplex comes with four times the appliances, plumbing, HVAC systems, and other components to maintain, leading to significantly higher repair and maintenance expenses than single-family homes.If you want to see the detailed calculation, read this BP blog - More Units Doesn’t Mean More Money—Why a Single-Family Home Can Beat a Fourplex.Resale value: Multi-family properties have a limited buyer pool—mainly investors—who base their offers on CAP rates.
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22 December 2024 | 5 replies
Happy to help answer more detailed questions if you have any and best of luck!
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12 January 2025 | 185 replies
Quote from @Tom Gimer: @Jay HinrichsIf a law is passed that has the effect of reforming existing contracts, there is a fairly detailed analysis/framework for determining whether it would be constitutional under the contracts clause.
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19 December 2024 | 37 replies
what kind of investment was/is this a little more detail may protect others if you think this person is a financial predator.
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2 January 2025 | 50 replies
I doubt even Brian Chesky himself knows the exact detail nowadays.
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23 December 2024 | 13 replies
Feel free to message me for more details...
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24 December 2024 | 8 replies
It would be best to schedule a call so that these items could be discussed in more detail and provide answers to any additional questions you might have.
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23 December 2024 | 15 replies
Please reach out if you'd like to discuss this in more detail.
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19 December 2024 | 12 replies
This means you'll want to "write off" expenses related to a property you have in service because if those expenses don't benefit you this year they could in the future once you sell the property.We can get into a lot more details with the "if" "and" or "buts" BUT I think this would be the "simplest" answer without diving into your specific situation here.I hope this helps!
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23 December 2024 | 13 replies
Have your QI give you a detail lesson on 1031s and make sure you understand it.Pros:4.