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2 April 2024 | 15 replies
Many CA investors find the Reno Tahoe, NV market appealing because of the various strategies that can be implemented like buy and hold STR or MTR and the close proximity to CA.
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2 April 2024 | 10 replies
get estimates for having it done, and map out what you'll save (as the owner) not having to pay the utilities per year, and measure your COCR. let's say it would cost 10k to have the utilities all split (i have NO idea what it would really cost), and you'd save $450/mo not having to pay utilities (a somewhat reasonable estimate for a duplex with water/sewer, electric, gas).. that would be a 54% cash-on-cash return, making that investment up front. when many investors are looking for an 8-12% COCR, 54% sounds pretty dang good. it will also make the property more appealing for a future buyer if the utilities are separate.
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2 April 2024 | 58 replies
I would make them look super spiffy and rustic, appeal to the younger mountain focused crowd and put them in places where they like to be.
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2 April 2024 | 59 replies
But even here, if the buyer and seller are dealers ("flippers"), then money damages could be awarded.My reading of the Lawler decision is that while the trial court found the Plaintiff had proven his case and did in fact award specific performance, the appeals court disagreed and found the buyer/plaintiff did not allege and did not prove he was ready willing and able to close (an essential element of seeking to enforce the contract) and therefore was not entitle to specific performance.
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2 April 2024 | 22 replies
However, if your sights are set on long-term appreciation, Columbus might be more appealing.
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1 April 2024 | 10 replies
I get the appeal of zillow but it just seems a bit skimpy.
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1 April 2024 | 3 replies
I created a second bathroom (since it was only a 2/1) in order to maximize it's resale potential and make it more appealing to a buyer.
2 April 2024 | 8 replies
(lower PITI) Get cheaper property taxes - argue with county with a Property Assessment Appeal that your home is worth less than what they appraised it for, thus lowering your property tax burden (portion of your mortgage payment)4.
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1 April 2024 | 1 reply
The tax deferral from a cost segregation study is a very powerful and strategic tool to utilize in a wealth management plan for your estate.Enhancement of Property ValueReal estate property that has had a cost segregation study performed on it is more appealing to buyers and investors as there is potential for a continuation of tax savings.
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1 April 2024 | 48 replies
Since you say it's 1500 feet I'm estimating $71000 of repairs to bring it up to snuff without flooring, painting, making it more appealing or not looking 1960's western.