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16 October 2024 | 4 replies
I'm curious about the proper legal structure and business types one should use to minimize personal liability as well as remain fairly anonymous to the general public.
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15 October 2024 | 1 reply
Florida: The Paradise of ExclusivityFlorida remains one of the most coveted destinations for investing in luxury properties, not only for its beaches but also for its favorable tax climate (no state income tax) and glamorous lifestyle.Miami: Miami is the epicenter of luxury in Florida, with its combination of tropical climate, white sand beaches, and a vibrant cultural scene.
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15 October 2024 | 4 replies
I've only dealt with residential at this point but am looking into self storage and on my search for commercial I stumbled upon a car dealership property where the owner is moving out of state and motivated to sell the property.
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15 October 2024 | 14 replies
Read books and listen to podcasts to supplement your knowledge and to use for better questions, more detailed, and then when you pair that with meetups and your motivation, you are on a great trajectory.
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17 October 2024 | 4 replies
In this approach, the taxpayer calculated that the cost to construct a new building (say, $300 per square foot at 2,000 square feet, totaling $600,000) should be allocated to building and the remaining balance of the acquisition should be allocated to land.Rule of thumb method: Some taxpayers use a predetermined percentage (such as 80/20 percent, 70/30 percent, etc.) for improvements and land.
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16 October 2024 | 0 replies
The September 2024 report from the Austin Board of REALTORS® (ABoR) shows housing prices in Austin and the greater metro remained fairly stable over the past 12 months.
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16 October 2024 | 4 replies
Tenant risk is lease term remaining, sales/billings from the location, overall financial health of the tenant (i.e. solo practitioner with this one center as their sole source of income and declining billings, will not likely keep the property well maintained, and when they move out, you will have work to do), need for this use and/or competitive urgent cares in area, etc.
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15 October 2024 | 10 replies
My question is, how do I reach owners who may be motivated sellers?
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17 October 2024 | 12 replies
Even if their license is expired, the commission may be able to reach them and motivate them to send funds to you and communicate long enough to get control of your property back.Start looking for a new property manager.
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15 October 2024 | 0 replies
There is a large demand for efficient distribution and storage of goods, thus many investors are looking for ways to increase their financial performance while continuing to remain competitive in the market.