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15 October 2024 | 3 replies
When operators mention employer names or area amenities, they should look at where their actually tenants work and pitch that vs just big name companies whose employees might not ever live in the building.They always pitch no capital calls, but will be interesting to see how investors fair after inhouse loans will be paid off to the properties they needed to do that with.
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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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19 October 2024 | 30 replies
if something is just sitting on the MLS looking too good to be true... then it's too good to be true.these properties are going to have higher costs overall, be in more challenging neighborhoods, have very gnarly deferred maintenance and capex, potentially have liens, be high turnover, and require expert, highly knowledgeable, localized support to be successful. see for example this thread.https://www.biggerpockets.com/forums/48/topics/1137397-balti...and even at those price points, i think cash flow is fairly low to non-existent if rehabbed to a high grade, especially with DSCR debt.
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17 October 2024 | 4 replies
To do this, divide the cost based on the ratio of the fair market value (FMV) of each asset to the total FMV of the entire property at the time of purchase.If you are uncertain about the FMVs of the land and the buildings, you can alternatively allocate the cost based on their assessed values for property tax purposes.Source: IRS Publication 527 (Residential Rental Property)
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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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15 October 2024 | 2 replies
That said, expect to deal with a fair amount of fluff leads.The two best strategies I’ve found are inbound methods: direct mail and Google Ads.Direct mail can be expensive, but it can also yield highly discounted properties.Google Ads, on the other hand, doesn’t require data extraction like calls, direct mail, or texting.
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17 October 2024 | 12 replies
If they are VERY professional, they will have their processes in writing as verification that policies are enforced equally and fairly by their entire staff.6.
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17 October 2024 | 21 replies
Helens now to be fair he is quite brilliant at construction owns a HUGE underground construction company that he sold to his employees and loves these type of off the main stream projects and has put many hours into it.. and not made a dime LOL.. he donated one of the fully built homes to the local collage..
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15 October 2024 | 21 replies
With the college close by I figured demand would be fairly good.You said it's more of a challenging market and it's clicky, is that in regards to finding and keeping tenants happy when it comes to multiple personalities?
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15 October 2024 | 24 replies
Dont think having my insurance fix it is fairYes it is fair as long as the trees appear healthy.