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1 February 2025 | 9 replies
They sell a 4 unit for close to 1 million dollars close to Jacksonville. they want 250k or 300k down. there's no upside. you can google the properties on biggerpockets and there isn't a lot of satisfaction. it's a slow return and get rich slow strategy. our focus is always as a builder to add maximum value, lower cost as low as possible, build and rent and build and sell the same product and raise prices to help investors out. we have a large market share and large purchasing power in our market in columbus ohio. the one strategy I never liked about turnkey new build brokerage companies like them and build2rent or others is they don't really build close to urban centers and most are single family homes. the numbers don't work on single family homes. if single family was the way to go more companies would be doing it. but by far the most common type of new construction built is three story walk up apartments.
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21 February 2025 | 23 replies
All complimented with Amazon fulfillment centers, google, and more tech manufacturing jobs.The bad reputation of “Detroit” comes from OOS investors wanting sub $40,000, D class properties in poor condition, because they pencil out to 2-3% deals on paper.
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2 February 2025 | 10 replies
Originally the program was developed for Facebook and Google, to power their data centers there, but TVA has opened it up to the 7-state service area.
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26 January 2025 | 17 replies
Then based on @Michael Baum's suggestion, I think I will have my cleaner and/or maintenance person do monthly/quarterly maintenance like using using enzyme based cleaners, grease fighting drain treatments and hot water flushing.
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27 January 2025 | 4 replies
Most will have large scale marketing engines where they spend thousands or tens of thousands a month, and operate or license time in call centers.
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15 January 2025 | 5 replies
To determine the correct treatment, consider the RV's permanence, utility connections, and business use.This post does not create a CPA-Client relationship.
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15 January 2025 | 3 replies
Focus on building cash flow and equity while targeting value-add opportunities to transition into shopping centers and strip malls over time.Good luck!
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29 January 2025 | 10 replies
There are lots of lemons in the various center city areas.
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20 February 2025 | 114 replies
Syndicators have too much control of your money and you get to watch them do very bad things as your investment money whittles away to nothing.I was a passive partner in two separate deals for two K-Mart shopping centers.
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7 January 2025 | 6 replies
However, components of a central HVAC system in a residential building, including furnaces and condensers, are NOT eligible for this treatment and must be slowly depreciated over 27.5 years (39 years for STRs).