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31 July 2024 | 18 replies
My guys/gals dont buy from the bigger we buy houses franchises I have never seen one of those come through.As stated its a sales and marketing job full stop.. very tough very time consuming and capital intensive if your going to do some volume..
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29 July 2024 | 11 replies
Depending on the county, the assessor will pick up your sale price and adjust your taxable value to 70-100% of sale price.Insurance: Have your insurance broker get you a soft quote based on your lender's insurance requirements.
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29 July 2024 | 0 replies
The house has been on the market but traffic is slow - not sure if this is due to the current environment or something specific I should address within my listing (we've already adjusted the price).
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30 July 2024 | 3 replies
So let's try to break this down for you.In a nutshell, depreciation recapture happens when you sell an investment property for more than its adjusted basis (the original cost minus accumulated depreciation).
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26 July 2024 | 0 replies
Projections for 2025 suggest a more moderate 5-7% price increase, still above national averages but with less intense competition than during the peak years of 2021-2023.Investment OpportunitiesThe Las Vegas townhome and condo market offers various investment opportunities.
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29 July 2024 | 5 replies
Unless you are a child and moving into the property, it will get a property tax adjustment.
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2 August 2024 | 53 replies
A fair amount to agree upon although I foresee a few major looming modifiers that I predict have a high degree of likelihood in happening that have strong influence in adjusting markets. - The correlation of erosion to buyers purchasing power in monthly mortgage payment (increased property tax's, property insurance, HOA fee's) is a factor I see counter acting a slowly declining interest rate, making for a ~net-0 market activity environment on YOY volume metric. - Leading into home stretch of POTUS election cycle, the above may be a strong catalyst to press the deployment of a stimulus offering in form of home buyer empowerment
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29 July 2024 | 3 replies
That is something that will take a little adjusting to - that respect!
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25 July 2024 | 5 replies
Your gain will be Sales price less sales expenses(Commissions, closing costs) less Adjusted basis.Your Adjusted basis will be Purchase Price plus Improvements less accumulated depreciation.Depending on how you categorized the improvements / furnishings will determine how you will calculate your gain.If you already took depreciation / expenses for the furnishings, you can't also count it towards basis to reduce your gain.Best of luck.
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28 July 2024 | 25 replies
Then down to the types of managers that will take on D C class which in many cases is a class below what the investor thinks they won. for those I would charge a big premium as they are so labor intensive based on the tenants living in them.