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28 November 2024 | 9 replies
Only other people who have been there seem to be able to relate; lots of other people are just jealous.
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27 November 2024 | 16 replies
Things that cause delays are many sponsors maybe 1-3 people and they outsource their investor relations so the first person you contact is not a member of the company but a call servicePersonally I would not invest in a fund / syndication that has a call service on IR side as if things go wrong you will never hear from them.
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26 November 2024 | 3 replies
The best strategy depends on your goals, but here’s a breakdown:Selling outright would result in paying capital gains tax and depreciation recapture, but since the appreciation is minimal, the tax impact may be relatively low.Gifting the property to your son could potentially allow him to sell it with a lower tax rate, but since he hasn't used it as a primary residence, he won’t qualify for the exclusion of capital gains tax on a primary residence, and you'd need to account for gift tax implications.1031 exchange could defer taxes, but you would need to purchase a like-kind property of equal or greater value and meet all the IRS requirements.
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29 November 2024 | 12 replies
While this is a convenient option, the downside is that they don’t offer any advice—legal, tax, or business-related.
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23 November 2024 | 38 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
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3 December 2024 | 40 replies
The property is located in Lyell Otis relatively close to the Jr wilson park.
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26 November 2024 | 1 reply
Some title companies are not comfortable with wholesaling, particularly in states with related laws.
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25 November 2024 | 18 replies
And in certain markets like SF bay area if the sewer line is of a certain age its mandatory to replace it before close of escrow its a law.
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26 November 2024 | 0 replies
Alternative strategies: Are there techniques or approaches better suited to markets like this where rents are so low relative to property prices?
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26 November 2024 | 8 replies
I'm relatively new to Real estate Investing and I would love to become more active in my local community.