28 June 2024 | 14 replies
This is frequently being seen in terms of massive tax increases.
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28 June 2024 | 12 replies
Cheap tenants, in my experience, create higher turn over costs and move out more frequently than higher rent tenants.
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27 June 2024 | 6 replies
I had a place like that who wanted $800 to replace a fan motor that I would usually pay my regular guy $350.
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26 June 2024 | 10 replies
I am not too far away in CLT and work frequently in the Asheville market.
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27 June 2024 | 14 replies
@Jose Alejandro Hernandez I frequently work with investors in your same situation, their home markets just don't offer any great options, comparatively.
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25 June 2024 | 6 replies
Ours are 250lb each bunk.I am not a big fan of multiple queens or full beds in one room.
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25 June 2024 | 3 replies
The property has since increased 82% in value, we use it frequently as a family for vacations and weekend get aways, greatly minimized my RMD requirement, break even each year on my taxes, etc.
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27 June 2024 | 26 replies
I am buying the home for possible future relocation/frequent retirement visits, new residency/tax filing, and because my sister lives there.
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25 June 2024 | 10 replies
The HOA emails about break-ins frequently, despite a secure parking garage and enhanced security.
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25 June 2024 | 2 replies
Here are some considerations for commercial real estate:Higher Income Potential: Commercial properties often generate higher rental income compared to residential properties, especially in prime locations.Longer Leases: Commercial leases tend to be longer (5-10 years or more), providing more stable cash flow and less frequent turnover.Tenant Diversity: Depending on the property type, you can diversify your tenant base, spreading risk across multiple businesses or corporations.Market Dynamics: Commercial real estate can be more sensitive to economic cycles and local market conditions, requiring a deeper understanding of business trends and tenant industries.Purchasing: Generally, commercial real estate will require 20% down.Choosing Between the Two:When deciding between commercial and residential real estate, consider these factors:Investment Goals: Are you looking for steady rental income, long-term appreciation, or both?