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25 July 2024 | 10 replies
So it's possible that the assignee might decide to cut his losses and forfeit the fee amount he already paid in.Regardless of why this might happen (which is really immaterial), the questions I should have asked are:How frequently (percentage of a wholesaler's deals) does it happen that a buyer backs out of the assignment, andWhen it does, how successful are you in pursuing the alternatives mentioned in Dustin Heiner's article?
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24 July 2024 | 8 replies
Name brands with solid balance sheets are generally a better bet, still one can't forget the big fall too, so diligence is just as key with big names and cut them zero slack.
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24 July 2024 | 2 replies
Vacasa takes a huge cut of the profits.
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23 July 2024 | 3 replies
Most who possess both attributes recognize its more profitable to simply build for themselves which leaves very few qualified builders for 4 unit ground up projects and those who are truly qualified have to be incentivized monetarily to take on such a build which cuts into your margins.
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23 July 2024 | 2 replies
The Tax Cuts and Jobs Act (TCJA) of 2017 allows businesses to write off 60% (in 2024) of the cost of qualifying property in the year that it is placed into service.
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24 July 2024 | 13 replies
I’m in CA and I want to cut my teeth in RE investing.
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23 July 2024 | 18 replies
ZimpleMoney may not cut it from a compliance standpoint if the loan goes to foreclosure.
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24 July 2024 | 14 replies
You'd also cut down on management costs, which are definitely big for STRs.What's the reason behind your choice for short and medium term options over long term?
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24 July 2024 | 26 replies
Since I like wood working, and have made several cabinet boxes for other rentals that needed repair to match existing cabinets, I can always cut new sides & bottoms if/when the presswood starts to deteriorate, and reuse the frames & doors.
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24 July 2024 | 17 replies
(California has strict tenant laws and we will not consider a booking without one).Currently there is only street parking for the unit, which we have theorized may be a filter cutting us out of many potential bookings.