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24 January 2025 | 4 replies
Depending on how it is done and what guarantees the government offers and requires of the released entities, interest rates could move slightly higher.
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22 January 2025 | 1 reply
., the 2006 or 2009 IECC — International Energy Conservation Code).Cost Considerations for a 90-unit or 112-unit Project:The actual cost of qualifying for the 45L tax credit depends on various factors, including:Energy Efficiency Compliance: The primary cost will come from ensuring that each unit meets the required energy efficiency standards, which typically involve energy modeling, certification from third-party energy raters, and potentially upgrading insulation, HVAC systems, windows, and other components of the building to meet the necessary performance levels.Energy Modeling: Typically, you'll need to pay for an energy consultant or engineer to model the building's energy performance and ensure it qualifies for the credit.
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17 January 2025 | 6 replies
@Mario Morales, to echo Bradley, I would say this depends on what you are lacking in your own knowledge base.To some (probably many investors) the agent is simply an initial filter for them.
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17 January 2025 | 6 replies
This was a cost-effective way to meet our requirement of providing just a stove and refrigerator (we don’t include washers or dryers), without breaking the bank further.But here’s the twist: If we were upgrading appliances for a long-term tenant with a stellar payment history, we might invest in brand-new appliances.
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26 January 2025 | 14 replies
In regards to the lease signed June 3rd 2024.This is a formal notice to vacate.The lease will be over at the end of June 2rd 2025, provided that no more lease violations occur before that.
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31 January 2025 | 22 replies
I believe they're almost 8% with that program currently but if it provides an entry point, you should consider it!
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13 January 2025 | 16 replies
Two things I remember that probably don't happen today: -First property was a no-doc loan, technically low doc because you still had to provide information but with 30%+ down pretty much anything you wanted was yours.
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27 January 2025 | 1 reply
Crossing the lines may not provide proper liability protection.Personally, I just kept my SF rentals in my name and got excellent insurance coverage, $500K per property plus a $2M umbrella.
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24 January 2025 | 6 replies
Quote from @Paul Lucenti: It depends what you're looking for.
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22 January 2025 | 4 replies
Quote from @Devin James: Im currently learning this lesson with New Builds that have taken twice as long to complete than anticipated.....Finishing a Real Estate project ASAP is critical because...1) Holding Costs add up quickly- Loan Interest- Property Taxes- Insurance2) Investor Capital- Our financial projections are dependent on how fast we can turn our investors capital.