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3 January 2025 | 3 replies
I concur with @Patricia SteinerIt's essential to review your lease to check for any clauses related to pest control.
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3 January 2025 | 7 replies
I wouldn't suggest you buy a single-family home to live in because the additional cost outweighs the benefits.
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31 December 2024 | 3 replies
Realistically, there should be no benefit, and there are probably some disadvantages, of doing what you propose.
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4 January 2025 | 35 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, 1-3 years for positive cashflow, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, immediate cashflow and at the lower end of relative rent & value appreciation.
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9 January 2025 | 16 replies
@Julie Doke: Industry specific software speaks to you and you can easily relate it to your day to day process.
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6 January 2025 | 13 replies
The growth in San Antonio is moving north and the builder incentives will benefit a new investor like yourself.
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2 January 2025 | 6 replies
Getting the federal return correct is the most important and with owning two properties, there could be some positive tax benefits.
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6 January 2025 | 38 replies
Hello all, I've actually communicated with both Josh and Larry since the new year as Josh was out of the country for a family-related event and Larry was unfortunately in the hospital.
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9 January 2025 | 35 replies
This would be the safest approach but also, anyone that is worried or has extra strict oversight in their area could simply avoid anything alcohol related in their packages.
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1 January 2025 | 4 replies
The value of the property and how it’s distributed relative to ownership stakes will determine whether it counts as a taxable event, I believe(I’m not a CPA or attorney).