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2 February 2025 | 4 replies
You are only adding complications and costs with the LLC with no upside This is all assuming there’s been almost zero appreciation and you shouldn’t sell tax free while you have the chance.
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30 January 2025 | 2 replies
Low cost, possibly yes, but also possibly very time consuming and that has a cost.
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22 January 2025 | 0 replies
Future enhancements include the planned Silver Line rail alignment with nearby stops, as well as potential commuter bus services, pedestrian paths, and bike lanes.The development benefits from proactive rezoning by the city, transitioning the land from industrial to mixed-use urban development.
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30 January 2025 | 5 replies
He's changing the terms of the agreement, and you can choose to accept it or reject it.I don't think it's fair to pass this cost onto the tenant just because you are unwilling to stand up to the contractor.
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31 January 2025 | 3 replies
I am just curious if you are utilizing cost segregation strategies for your investments?
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5 February 2025 | 14 replies
I'm with you that sidewalk slip and fall litigation may be less likely in the Midwest than say Mid Atlantic which tends to have more litigious cities but dismissing premises liability issues can come back to bite an investor and when these properties have such razor thin margins that an investor must consider the cost benefit analysis of safety against ROI, there is a real estate issue and is usually a losing proposition.
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31 January 2025 | 0 replies
Purchase price: $15,000 Cash invested: $25,000 Sub to deal - paid the seller and wholesaler $15,000 + $7500 closing costs to assume $84,000 mortgage with a monthly PITI of $575.
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23 January 2025 | 45 replies
Moving inland, Dover presents a more affordable option with rising demand for multifamily units and a steady rental market, though its short-term rental potential is less robust than coastal towns.
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25 January 2025 | 25 replies
Housing prices are high, mortgage rates are high, and competition is fierce so revenue is way downIt’s one thing if you bought a while back like many of us did, so your cost basis is much lower.
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18 January 2025 | 8 replies
I was chatting with some of my lending buddies at big banks and they are all backing away from the CRE space including office because operating costs are increasing more quickly than rents.