
14 November 2024 | 5 replies
I've learned over the years that real estate investment is simply a math problem.
19 November 2024 | 28 replies
I do have a sister in Pgh who recommended her PM so I would use same company, and I don't have a way to determine my potential return on new properties since nothing is in the works yet.

13 November 2024 | 6 replies
I agree with other responses here, and to piggyback on them it seems everyone plans to 'own forever' when they sign a 30 year lease or finance term, and then things change (job, relationship, life events, etc) and folks try to sell the property with 25-28 years left.Banks do not look at power bills when determining DTI, but they will look at a solar loan/lease.

12 November 2024 | 4 replies
DSCR stands for Debt Service Coverage Ratio, which is a calculation that determines if a loan's income covers its annual debt service.

13 November 2024 | 2 replies
Imagine you bought a property for $2M.The land (excluding any structures) is valued at $400K.Since land is not depreciable in the eyes of the IRS, we subtract the land value from your purchase price to get your depreciable basis.Your depreciable basis is simply where a cost seg engineer starts from when allocating your eligible assets into either 5, 7, or 15 year property.In the scenario above, your starting basis would be $1.6M since your basis = your purchase price - the land value.Having an accurate land value is essential to getting your depreciation/bonus depreciation calculations right.This is the starting point for any cost seg study that you do.

5 November 2024 | 34 replies
Checking their calendar helps you determine if there is strong demand.

14 November 2024 | 3 replies
Technically, developers come up with a land value for what a builder may be able to pay for paper lots by using a proforma (financial model) to determine a residual value.

13 November 2024 | 2 replies
I've had some early success but thought I would put it out there:So simply put...

14 November 2024 | 12 replies
This includes understanding your budget, securing financing if needed, and determining what you can comfortably afford.Research is key.

17 November 2024 | 18 replies
When you are investor friendly it means you understand the metrics of the buyers property search.I have seen so many agents get comfortable and simply add their new buyers to the "Hot Sheet" and they blast the buyers with properties that do not even fit the buyers cash flow needs or budget.