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6 October 2024 | 0 replies
Assets identified in this study include:Appliances: Dishwashers, laundry machines and refrigeratorsElectrical and communication systems: Specialized equipmentCabinetry, Countertops and shelvingInterior Finishes: Laminate flooring, carpet, and decorative elements.Security and communication systems: computer connections, alarm systems and telephone connections60.8% of the total depreciable basis was classified as 39-year class life.
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6 October 2024 | 1 reply
Hiring Specialized Talent: Hire or contract experts in different areas, such as legal, finance, construction, marketing, and property management.
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6 October 2024 | 12 replies
I am a realtor in Milwaukee that specializes in working with investors, and I also have a portfolio of rental properties myself.I will get to your questions, but here is some background regarding loans and in general. - If you are NOT buying the property as your primary residence (in this case, it sounds like it will be an out of state rental), you are looking at putting 20% - 25% down if you are going to use a conventional mortgage.
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6 October 2024 | 1 reply
For due diligence, since you're new to industrial real estate, it’s best to engage a third-party firm that specializes in property assessments or partner with an experienced investor.To structure your involvement, if your spouse is a licensed agent, she could act as the buyer’s agent to earn a commission.
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6 October 2024 | 49 replies
So, unless this was an OLD contract from prior to the NAR settlement it is very likely an exclusive buyer agency agreement. do you live in a special universe where realtors do what they say?
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11 October 2024 | 40 replies
I would say my situation is unique or special but I'm sure it is more common than I know.
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4 October 2024 | 3 replies
I am also a real estate agent and I was wondering if there are any associations or something similar that I could join to become a real estate agent specializing in VA Loans so I can help my fellow vets.
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14 October 2024 | 420 replies
We have wholesalers, people with subto assignments, others that do dispo, PML/PMPs, transaction coordinators, Title Companies in most states that specialize in Subto/creative finance (brand new thanks to Pace), property managers for STR/MTR, people looking to JV on Padsplit/co-living, JV partners for mobile home parks (MHPs)/RV parks, self storage, opportunities for multi-family (MF) syndications, etc.
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7 October 2024 | 8 replies
Buy a townhouse in this development near where I live called Sea Colony:Details: $860k for a comfortable townhouse.Pros:Comfortable place to live for the next few years, and I’d still have liquidity to invest elsewhere.It is still in my current community where all of my friends live, so I would still be where I want to be location-wise.Will get appreciation.Cons:High HOA fees ($660/month) and potential 10k special assessment in the next few years.Likely won’t cash flow after we move, so unsure whether it would make sense to hold.3.
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8 October 2024 | 10 replies
There is nothing special about buying properties not listed on the MLS so don’t limit yourself.