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27 January 2025 | 13 replies
You’ll come out stronger, and this tough experience will only sharpen your skills as a landlord.Cheers,Rene I completely understand your frustration—situations like these can be incredibly challenging, both financially and emotionally.
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24 January 2025 | 2 replies
You’ll develop resilience, leadership, negotiation skills, vision, emotional control, and more.
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5 February 2025 | 9 replies
.- Working a W2 as a firefighter, posting and consuming content- Leaving my W2 to dive deep into real estate investing and working as an agent... and still watching/posting content all while business was ok - Deleting social media apps (one have one on my phone that I use 10 minutes or less a day), diving deep into building my business and skills which have drastically increased due to pure focus and increasing my business significantly- moral of the story... focus on the things you need to do in business (dollar productive activities) and life experiences while reducing consumption will increase your success
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24 January 2025 | 9 replies
Underwriting guidelines are more strict than on residential loans, and buyers who might qualify for a condo loan sometimes cannot qualify for an individual tenancy in common loan.
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22 January 2025 | 1 reply
Key Details of the 45L Tax Credit:The credit offers up to $2,000 per eligible unit for builders and developers of residential homes that meet specific energy efficiency criteria.To qualify, the units need to meet or exceed certain energy performance levels in comparison to the national model energy code (e.g., the 2006 or 2009 IECC — International Energy Conservation Code).Cost Considerations for a 90-unit or 112-unit Project:The actual cost of qualifying for the 45L tax credit depends on various factors, including:Energy Efficiency Compliance: The primary cost will come from ensuring that each unit meets the required energy efficiency standards, which typically involve energy modeling, certification from third-party energy raters, and potentially upgrading insulation, HVAC systems, windows, and other components of the building to meet the necessary performance levels.Energy Modeling: Typically, you'll need to pay for an energy consultant or engineer to model the building's energy performance and ensure it qualifies for the credit.
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4 February 2025 | 1 reply
You want to force the tenant out so you can occupy, which qualifies as an eviction.Talk to the tenant.
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29 January 2025 | 5 replies
You can find qualified buyers that are small business owners, tradesmen, etc just have someone qualified to do prop underwriting be fore you sign the agreement.
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3 February 2025 | 9 replies
For example, do you have any specific skills around social media?
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24 January 2025 | 5 replies
If you go that route, ensure to use a Qualified Intermediary to handle the sale/purchase otherwise there will be no 1031 exchange.
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17 January 2025 | 12 replies
Many of them might be skilled folks but they are not always the best estimator and business person.