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21 January 2025 | 5 replies
I read about a 1091 exchange and if i reinvest my money into another property within 6 months then ill avoid paying the taxes on it. is this a good plan, if not do you have any other suggestions.
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19 January 2025 | 2 replies
Make sure you check the local ordinances / zoning and talk to the local administrator to see if you can do what you are planning.
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3 January 2025 | 8 replies
Syndicates that used lower leverage points and have far-out maturities (such as 2029 or later) are likely to survive as long as they don't run out of cash to maintain the assets for longer-than-planned hold times.
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23 January 2025 | 5 replies
., HVAC tune-up, plumbing fixes)Deep clean entire property pre-listingEstimated Cost: $5,000Total Estimated Renovation Cost: $145,000Project TimelineWeek 1-2: Planning and DemolitionFinalize design and materialsObtain necessary permitsBegin demolition (kitchen, bathrooms, floors)Week 3-5: Structural and Major InstallationsInstall new cabinets and countertops in kitchenComplete bathroom tiling and vanity installationRefinish or replace flooringWeek 6-7: Painting and FixturesPaint interior and exteriorInstall lighting, hardware, and plumbing fixturesWeek 8: Finishing TouchesLandscaping and curb appeal updatesDeep cleaning and stagingTotal Timeline: 8 Weeks*This link comes directly from our calculators, based on information input by the member who posted.
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15 January 2025 | 10 replies
I want a specialist that's an expert, and not a jack of all trades and master of none.
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21 January 2025 | 15 replies
Quote from @Michael Smythe: @Felicia Jenkins the shorter the term of the lease and the more tenants there are, the more challenges you'll face - especially if you plan to manage remotely.Who will be your boots on the ground, do showings, maintenance, etc.?
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4 February 2025 | 17 replies
You are like many others who are getting started and unfortunately your generation is screwed because of the amount of spending is older generations have done and put the debt on you which also has led to record inflation.All you can do now is plan for the future and don’t force things but invest wisely when the time is right.
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14 February 2025 | 37 replies
This property is in shenandoah valley, so my plan is to findout from the local county office/health dept.
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23 January 2025 | 9 replies
When i press on the cracked areas, it does not appear soft or wet.I plan to fix it, but I worry it may reappear in months.
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23 January 2025 | 6 replies
I think holding is a great long term plan.