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5 November 2024 | 29 replies
It helps I am an Accountant and have all my accounts sync in, with Work Papers for depreciation, asset basis, and use my monthly statements to get me the correct Interest and Principal amounts each month.I do this same thing for my clients and they really like being able to see how they are doing each month.
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30 October 2024 | 3 replies
This is due to the increase in mortgage rates and house prices.Pros/cons as I see it:Pros: two appreciating assets versus one; as rents rise, we’ll make more net income.cons: less cash flow, double capex, double maintenance.Anyone mind letting me know your thoughts?
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31 October 2024 | 2 replies
When you buy slowly in your own backyard, you are the asset because you know people they know.
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1 November 2024 | 7 replies
Then - once you're stabilized around 90% occupancy - re enter the markets to secure quotes from Freddie / Fannie / HUD / life companies / banks / credit unions.If it's an acquisition perhaps you put short term debt on the property, re-position the asset, then refinance after you're turned the operation around.
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31 October 2024 | 10 replies
It's great to hear about your interest single family homes, they're great assets that appreciates in value over time.
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23 October 2024 | 0 replies
Dream on Me Industries, the company behind the brand’s rebirth last year, announced the shift to a digital-first strategy, focusing solely on online shopping.
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29 October 2024 | 0 replies
Assets identified in this study include:Kitchen Appliances: Refrigerator, microwave, garbage disposal, range hood and dishwasherLaundry Appliances: washer and dryerElectrical and communication systems: Specialized equipmentCustom Cabinetry, Countertops and shelvingInterior Finishes: wood flooring, carpet, and decorative light fixtures.61.64% of the total depreciable basis was classified as 27.5-year class life.
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30 October 2024 | 0 replies
Fee simple lots provide greater flexibility than multifamily projects under one parcel.4) Kimberly Byrum - Lease-Up Rates by Asset Type:Garden Style Multifamily: 18 units per monthBTR Cottage Style: 12 units per monthBTR SFH Detached: 8 units per month5) John Jones (BBL Building) - Efficient and thoughtful design remains the best way to reduce costs.6) Tony Benge Margins are comparable between garden style multi-family & BTR, but BTR is in much higher demand.It was a great turnout, excited to see the BTR sector’s growth between now and next year’s event!
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28 October 2024 | 13 replies
There's plenty of digital nomads out there.
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31 October 2024 | 19 replies
Anyone thinking of investing in Lane Kawaoka syndication. needs to be aware of his current tract record.He has lost control of one of his Texas assets and apparently all of the passive investors capital.There may be more.