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5 November 2024 | 3 replies
The brick construction is a plus for durability, but check for any signs of foundation issues, especially if the property has settled over the years.Be sure to budget for updates to key systems—plumbing and electrical upgrades can be pricey but crucial for tenant safety and modern functionality.
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11 November 2024 | 16 replies
I have seen a lot of videos of people are saying "Utilize debt as the power to take these leaps," so this is where I am ready to go if the deals make sense.Thanks for anyones help Regarding utilizing debt- In my opinion the proper way to utilize debt is to purchase assets that throw off more cash than required by the debt.
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2 November 2024 | 9 replies
I will soon be operating a medium-term rental in a small city in Ohio. While there are certainly no vacationers here, there are a good amount of people that use short-term rentals for contract work for 1-3 months. I'm...
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8 November 2024 | 6 replies
But I recently upgraded and used a local designer who has given me full sets of interior colors and exterior colors so we can properly design each home
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9 November 2024 | 9 replies
The reason why most investors fail is because they are not properly capitalized.
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8 November 2024 | 2 replies
I would appreciate any knowledge share, or tips and advice on where to gather information to properly estimate for such a project.
6 November 2024 | 19 replies
That you state in your finder's fee contract with the owner that your sole function is Only introducing the buyer or investor to him/her.
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6 November 2024 | 6 replies
I would say your best bets is a gym as a tenant amenity or a community room that tenants can rent for family functions, parties, etc.
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7 November 2024 | 5 replies
You only roll over the 2mm, take a 500k cash out and then claim the 500k sec 121 exemption.You can think of it like taking the 500k off the top, then the remainder functions as a normal 1031 exchange would.
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8 November 2024 | 3 replies
Your intermediary must be in place prior to the closing of the sale to provide the proper documentation.