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21 November 2024 | 14 replies
basically what wheatie said, but slightly different.
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12 November 2024 | 2 replies
They presented a juicy case study to illustrate the benefit of depreciation recapture shifting from cost-segregated personal property to real property.
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21 November 2024 | 4 replies
But in reality, reinvestment risk is real.In rentals, in today's market, there is basically no cashflow available after a BRRR and you introduce tenant risk into the equation and any longterm hold will have pretty continual maintenance.
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25 November 2024 | 19 replies
I don’t know why we didn’t get that vital piece of info in our initial meeting.So my wife and I are extremely relieved .She says she will stay on as a courtesy and if things come up it will just be an “ hourly “ rate for emergency type situations or basic boots on the ground necessities.We really like her enthusiasm and positivity and she is great at communicating and seems sincerely empathetic to our situation.
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21 November 2024 | 7 replies
Most agents don't understand or have any interest in wholesaling, and honestly some agents don't seem to know much about the basics of their industry at all.While you do need to understand real estate and the real estate market, I think what's truly necessary is having the right tools and systems to help you as you begin.
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19 November 2024 | 6 replies
Quote from @Michelle Sharko: I’m looking to get a HELOC on my second home which I’ve only used for a few rentals, it’s basically our vacation home.
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21 November 2024 | 5 replies
Basically the building size is limited by the lot size.
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20 November 2024 | 6 replies
Otherwise, as others have said you’re basically advertising you don’t plan to close.
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20 November 2024 | 8 replies
Once you have them served and file the papers with the court, the court will assign a First Tier Hearing - basically a mediation session where hopefully you are able to work out a move out date certain (with the tenant paying use and occupancy).
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25 November 2024 | 23 replies
I had to put on a new roof and everything will have to be done new as things are basically dirty and rotten.