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12 November 2024 | 7 replies
The year it is placed in service, is the year you can utilize the cost seg.
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11 November 2024 | 5 replies
Here is an example of what I utilize for onboarding value add multifamily.
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13 November 2024 | 9 replies
As an investor-focused agent in the Cleveland market I always have my clients write the following contingencies in when buying a house that's tenant occupied:1) Offer contingent on home inspection- usually a 7-10 day contingency period, this contingency allows you to either A) move forward with the deal B) renegotiate the price if issues are found, or C) walk away from the deal2) Offer contingent on appraisal if you're going financing3) Seller to provide copy of current lease agreement4) Seller to provide a rent roll/tenant ledger with proof of payments received5) Seller to provide copies of 3 previous months of any utilities paid by the landlord6) Seller and tenants to fill out Estoppel Certificate.
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11 November 2024 | 5 replies
Utility bills and maintenance records will give insight into operational costs.
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9 November 2024 | 2 replies
Hey everyone currently active duty military I would love utilize my va loan for investment purposes don’t know where to start in GA btw
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13 November 2024 | 18 replies
From there, you can utilize that team to gain experience and understanding into the market.
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12 November 2024 | 17 replies
STR projections are only projections and can go underwater fast if 2-3 luxury properties with serious amenities pop up in the neighborhood.
10 November 2024 | 1 reply
Keeping this as a rental would not cover the mortgage (we'd have to pay ~1500 a month including utilities) and we can afford the extra payment, but is it worth it when looking at appreciation?
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9 November 2024 | 10 replies
Ryan,Thanks so much for the response, can i utilize this if i am not currently renting the property out?
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5 November 2024 | 11 replies
You'll need to provide the essentials without going overboard on luxury items.