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29 October 2024 | 24 replies
The renovation budget can be artificially inflated so you can have a "cash pillow" for maintenance or anything else really.The conventional loan for purchase and rehab is the most commonly used by investorsIf you have a company it is also possible to apply for loans but it is necessary to have at least 6 months of activity.
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29 October 2024 | 131 replies
(Run the numbers for them) If they're in an active bankruptcy that's also a factor.
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27 October 2024 | 3 replies
Do I need to provide a notice to Tenants that I will be on the property doing maintenance if I do not need to enter any active tenants unit?
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29 October 2024 | 10 replies
If you see somone with a high level of recent misdemeanor criminal activity their chances of getting a felony is high.
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26 October 2024 | 11 replies
@Adam Peralto More & more owners are posting here on BP about their rentals sitting vacant too long.Which means owners aren't paying attention to the rental market - which is slowing, causing Days On Market (DOM) to increase:(Take a look at the graph below from ShowMojo, comparing average DOM for 2018-2024.DOM are now about 40% longer than they were 2 years ago.Many owners also don't seem to be aware of real estate market fundamentals, such as seasonal effects:1) After September, when kids go back to school, there's a noticeable dip in activity in both the sales & rentals.2) After Halloween, there's another noticeable dip.
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27 October 2024 | 3 replies
If the property is a personal property used for personal purposes, there is no depreciation since its not a business asset.There may be a chance that you have a home office within the home that is eligible for some write-off but you have to be using the home office towards a business activity.
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28 October 2024 | 7 replies
I would check out the yellowbird facebook group, it's extremely active and focused on just Jacksonville and there will be people in the group that know the areas much better than me.
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28 October 2024 | 8 replies
Mike, i’m an active investor in North Texas, been at it for just over eight years.
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27 October 2024 | 6 replies
Seek out some of the top active Realtors in the Subject's market area and ask them.
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29 October 2024 | 33 replies
., these are active investments for one for two these are physical assets.