
9 October 2024 | 1 reply
If you sell your property, you will likely have to pay back some of the taxes deferred from depreciation.Think of cost seg as an interest free loan from Uncle Sam - it comes due when you sell the property.My motto:Don't let industry jargon stop you from making smart financial moves!

10 October 2024 | 0 replies
Investors can move quickly on development and take advantage of the city's ongoing growth.Long-Term GrowthFlorence’s expanding economy and housing demand ensure long-term appreciation, making it a stable choice for both immediate gains and future value.If you're looking to invest in land or new construction, Florence, Alabama, presents a unique opportunity with affordable entry points and strong growth prospects.

12 October 2024 | 9 replies
The borrower was overqualified and based on compensating factors we presented a local credit union financed it with 25% down in 30 days.

10 October 2024 | 13 replies
It's just the AC and some deferred maintenance that it really needs.

11 October 2024 | 17 replies
For a bathroom or kitchen type remodel scope I will side with you, 1/3 wouldn't present any red flags but not for a more substantial renovation scope and certainly not as a general rule of thumb for all construction projects.

9 October 2024 | 12 replies
I have a feeling he never even presented my offer.

10 October 2024 | 23 replies
@Jonathan BockWhile paying taxes is not fun and trying to defer them is part of the game - my wife always jokes that the more you pay the more you make and if someone is paying six figures in taxes - well they are making a very decent living.
10 October 2024 | 0 replies
This doesn’t negate the need to check the lines, however.Pay Attention to Pride of OwnershipAmateur repairs—or a lack of repairs—and deferred maintenance are typically the result of a “low pride of ownership.”

11 October 2024 | 17 replies
When you're presenting past deals to your lenders, how do you decide which deals to highlight, especially in terms of property type or strategy?

11 October 2024 | 26 replies
Cutting back vegetation etc.The home probably got more deferred maintenance, water damage evident even in this video.