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18 October 2024 | 4 replies
She’s just a good person, period, and anyone she works with will benefit from her expertise.If you’re considering investing in Cleveland or need help with an out-of-state property, do yourself a favor and contact Melissa.
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19 October 2024 | 2 replies
The options I purchased were all for 12 months or less, and I recorded them to put on notice anyone , especially a title company, thinking of purchasing the property during my option period.
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17 October 2024 | 1 reply
Here is a framework to think about how buying properties creates the most tax efficiency for you.The 6 levers of depreciation:Lever 1 - % of LandOne of the components of a property is land.Land is NOT DEDUCTIBLE, so low value land properties mean more tax deduction.A value of your overall purchase will be assigned to the land or lot.You receive no near-term tax benefits for buying land.For example - If you buy a $2 MM industrial building outside a rural town on 5 acres, the land value could be $5k an acre.
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16 October 2024 | 25 replies
Lock in period or terms3.
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18 October 2024 | 3 replies
She’s just a good person, period, and anyone she works with will benefit from her expertise.If you’re considering investing in Cleveland or need help with an out-of-state property, do yourself a favor and contact Melissa.
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17 October 2024 | 4 replies
I won't be charging him any rent, he will just pay for the utilities used for that period.
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18 October 2024 | 8 replies
If I can get 2/3 of the purchase price on a hard money loan, I should be able to leverage 100% financing after the seasoning period.
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15 October 2024 | 14 replies
It’s also not as cost effective to just upgrade one unit when it’s vacant because then you lose economies of scale and in the instance of materials things may not be available over an extended period of time and you may end up with mismatched windows or something.
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18 October 2024 | 3 replies
If I understand you correctly, they can't even access their food or clothing, so this will be a big impact on them for a period of time.
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17 October 2024 | 0 replies
She’s just a good person, period, and anyone she works with will benefit from her expertise.If you’re considering investing in Cleveland or need help with an out-of-state property, do yourself a favor and contact Melissa.