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31 July 2024 | 13 replies
Turnovers are typically your largest normal expense.Does your lease charge them a late fee?
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31 July 2024 | 46 replies
I don't know that I would gamble and say you could sell it if it doesn't work out, you could be holding it for some time.
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30 July 2024 | 13 replies
Larger banks are normally better for SBA loans, because they have more personnel and can have someone specialize.
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31 July 2024 | 27 replies
It was a multi-unit north of Brady St, which for just under $100k would normally be a steal, especially from the info on the I think four units that I had, but am now glad I didn't have my DL, as I'll finish explaining.
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31 July 2024 | 7 replies
One other thing you need to get is some additional insurance coverage beyond what is normal for the US.
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29 July 2024 | 1 reply
There are two loan types that are normally used:7a - can be used for all parts of the transaction.
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29 July 2024 | 9 replies
Hi Daria,Assuming you did a 1031 exchange, the flooring, as well as the rest of the property is depreciated normally (a little nuance, talk with a CPA for specifics).
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31 July 2024 | 53 replies
Some attorneys this question was very normal, had a system and prepared, others weren't and said "I need to ask the attorney"I am simply asking; "I am inquiring about property XX if it is still active in foreclosure"Is this safe to ask?
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29 July 2024 | 2 replies
I normally end up going with a small bank that provides favorable terms for holding my cash.
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30 July 2024 | 6 replies
This is a tough one, I've spoken to lots of investors but this is outside the normal realm of knowledge for most - but I doubt that's the case for bigger pockets members!