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28 September 2024 | 5 replies
I have several commercial transactions pending and as recently as this week clients are obtaining much improved terms:- 25% down on a 20+ unit apartment complex at 5.5% Down 25 year amortization. - 25% down on a 20k SF Warehouse at 6% 25 year amortization. - 30% down on 200+ storage unit complex Earlier this summer those rates were approaching 7.5-8%We anticipate a very active fourth quarter.
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3 October 2024 | 29 replies
zero.this is because of a few things:-the fact that it actually costs money to transact real estate - those pesky closing costs that are always 10x higher than new investors think they are.
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27 September 2024 | 1 reply
When you create any type of transaction (income or expense) you can choose what category it is, and what property it is for.
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26 September 2024 | 1 reply
While personally I'm interested in growing my portfolio of mid-term rentals around the Raleigh Triangle market; Professionally I will be connecting with dozens of investors on a daily basis and would love to provide added value by offering access to a wide range of real estate support services.
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27 September 2024 | 22 replies
As property managers, we see up close on a daily basis which properties perform best and are the most popular with guests…as well as the ongoing challenges.1.
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27 September 2024 | 66 replies
All signs point to 2024 ending close to 2023 levels in terms of transaction volume.
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26 September 2024 | 8 replies
Hello, can someone recommend a Title Company that can Help me with Pre-Foreclosure and Subject to transactions in San Diego Ca.Thanks!
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27 September 2024 | 15 replies
Hi @Adam HoekerI have my clients all on QuickBooks Online.We sync in their accounts to reduce human error in entries, and track each property's expenses and transactions to prepare for Tax time, this helps us to be prepared for 1099s as well, track Asset Basis and Depreciation, Mortgage Balances, and any Equity items.Since QBO is very common, it is easy to connect a Tax Accountant to this as well and have them pop in to grab reports they need to file.
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3 October 2024 | 46 replies
I'd add that when you interview possible Realtors, ask them to take you through how they lead their investor clients through a transaction.
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29 September 2024 | 8 replies
If your numbers are correct, you may have a BIG $ winner here; there’s enough room to spend extra to ensure a problem free transaction, imo.