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13 November 2024 | 7 replies
So make sure your uses of the refinance money conform to business purposew if you want to write off the interest.This method is commonly used in a 1031 consolidation exchange.
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13 November 2024 | 4 replies
However, my timeline is flexible, so I could end up staying for a shorter or longer period depending on future plans.In my research, I’ve noticed that many condos in Buckhead come with renter restrictions, which is causing me to reconsider this approach.
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13 November 2024 | 8 replies
Settling is common and you often don't do anything with older properties unless the foundation walls are coming in.
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13 November 2024 | 5 replies
This is very common so don't feel discouraged by maybe having to do some "inner work" or whatever you want to call it.Hope this helps!
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11 November 2024 | 5 replies
Quote from @Bryant Brislin: Land in the path of development that may seem a little far out, but your gut/intution and common sense from an urban planning perspective tells you that some day, whether it's in 10 years, 20 years, etc it will be a great long-term position for your family to have and hopefully sell at a signifcant multiple return compared to what you've paid for it.
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12 November 2024 | 9 replies
I noticed this upon buying the building, insisted on seeing ID, got the proper spelling of his name, and found four evictions.
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11 November 2024 | 19 replies
I just put in my 2 weeks notice this morning also.Thanks for your post- its great to hear about more and more of us taking the scary jump to live life more on our own terms.Congrats!
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13 November 2024 | 15 replies
The one good thing about such a provision is that it allows the senior lender to start foreclosure (or notice of default/cure period) immediately.
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11 November 2024 | 7 replies
I have to think a ski town is all about STR not the opposite They currently have about 100K in the bank that was to be used for a common space amenity, but I suppose could be used for enforcement legally.
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11 November 2024 | 13 replies
I noticed your in Detroit, are you thinking of investing there or elsewhere.