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27 December 2024 | 8 replies
It’s amazing to see how much the market has changed since then..and I remeber reading an article in Forbes that talked about how travelers often prefer unique stays with great locations.A friend of mine up in Lakewood had a client who tried an Airbnb in a condo overlooking Sloan’s Lake.
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31 December 2024 | 97 replies
And I can recall only once that a title company released earnest money to the Buyer without requiring the mutual release - worked out in my Buyer client's favor so I didn't complain.
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26 December 2024 | 7 replies
Benefits include immediate tax savings via bonus depreciation (60% in 2024), but depreciation recapture tax applies upon sale.This post does not create a CPA-Client relationship.
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26 December 2024 | 5 replies
This is exactly what I was thinking - that the one-off buyer just isn't their client avatar at all so the PM company is checked out on it.
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4 January 2025 | 35 replies
I now own a successful rental portfolio and help my clients do the same.
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4 January 2025 | 14 replies
If you increase your sales volume in a business, client base in a profession, or assets in an investment program, you pass through a point where you’re doing more work, have greater Billings, more assets, but MAKING LESS MONEY.
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25 December 2024 | 12 replies
I got an unsual response to a listing of mine today:Good morning, We are home health care agency, and we want to rent the house to care for disabled or elderly clients that are unable to care for themselves 4 -6 unrelated people.
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28 December 2024 | 13 replies
Both cater to businesses with high transaction volumes and often customize services for clients who need frequent wires and robust credit options.Ultimately, your choice might depend on the frequency of foreign wires versus domestic ones and how much value you place on credit card perks.
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25 December 2024 | 4 replies
We had a client that bought in Port huron and then ended up selling their property because they went through 3 PMCs and gave up trying to find a great one:(Some copy and paste advice below:--------------------------------------------------------------------------------------------------------Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.
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23 December 2024 | 9 replies
I remember working with a client a couple of years ago who wanted to do a 1031 exchange into Phoenix multifamily.. they had some numbers in mind, but no framework beyond “I want more doors.”