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25 June 2024 | 6 replies
This can potentially enhance long-term wealth building.Tax Deferral-By reinvesting your proceeds into like-kind properties through a 1031 exchange, you can defer capital gains taxes, allowing you to reinvest more capital.Market Timing-Despite the competitive market, a 1031 exchange gives you a defined timeline to identify and acquire properties, potentially putting you ahead of other buyers who might not be as motivated by a tight deadline.Cons:Lower Initial Cash Flow-Acquiring additional properties may reduce your immediate cash flow, especially if properties in your target market are not as cash flow positive as your current property.Risk of Overpaying-In a competitive market, there's a risk of overpaying for properties just to meet the exchange deadline, which could impact your overall returns.Either one is a valid option, but overall it depends what your financial goals and restrictions are.
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23 June 2024 | 0 replies
.- As semiconductor, electric vehicle and other advanced manufacturing companies flock to central Texas, companies in adjacent high-tech industries are piquing interest in Austin.Austin is one of the most dynamic and exciting technology hubs in the world.
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25 June 2024 | 16 replies
Half the crew are driving company vehicles and receiving bonuses on top.
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26 June 2024 | 32 replies
please do note fannie mae doesn't allow excess rent income more than DSCR 1.0 for primary house so you can't offset excess income for next primary or to reduce DTI so if you can plan it ahead carefully this could be the most profitable approach with the least risk possible.
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22 June 2024 | 4 replies
I just realized that she has like 3 vehicles on her property.
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25 June 2024 | 125 replies
Within a 5 year time frame they know how to be ahead of the curve by well over 100k and more.
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24 June 2024 | 2 replies
So I told them to pay their rent on time.Then they went ahead and said the previous travel nurse didn’t pick up the dog **** and that their son had to go to the hospital because he fell in it and got a staph infection.
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24 June 2024 | 8 replies
This is why there can be muted market responses to actual Fed rate hikes, as the central bank often telegraphs its intentions ahead of time, to the point where the change is fully expected/estimated and thus “priced in” ahead of time.Key Economic Data Releases that Move Mortgage RatesHere are the key economic data releases that most affect Treasury yields and mortgage rates; understand these and plug them into your calendar, and you will be a mortgage rate magician in no time.Consumer Price Index (CPI)For even casual interest rate watchers, it should come as no surprise that the monthly Consumer Price Index (CPI) release is key to interest rate movements.
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23 June 2024 | 7 replies
If you are showing property only to one interested party at a time, I've found it best to tell them to call 30 minutes or an hour ahead of the showing to confirm they intend to show up.
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24 June 2024 | 26 replies
If you play with a free trial of Property Management Software (Appfolio Buildium Propertyware) you will have a great idea of what to expect and what you need to learn once you access Yardi.I would suggest you go ahead and apply for the job or start as a temp for a company that specializes in placing property management workers.