
14 October 2024 | 7 replies
This results in more screaming and storming out of the office.

14 October 2024 | 12 replies
Cost segregation studies on condos typically result in a lot of 5 year life which is eligible for 60% bonus depreciation in 2024.

8 October 2024 | 3 replies
I'm unable to get consistent results for me to assess accuracy...

13 October 2024 | 3 replies
I have analyzed around 15 delas so far and all have resulted in negative flows.

11 October 2024 | 12 replies
In fact, homeowners insurance will continue to climb because of the risk Tampa faces.If damage or destruction happens in Tampa, demand will not rise as a result.

10 October 2024 | 11 replies
This creates two loan payments ($100,000 of equity and $300,000 on the new mortgage).Key NumbersHome Equity Loan Interest Rate: 6%Mortgage Interest Rate: 7%Rental Income: $3,000 per monthExpenses (management, taxes, insurance, maintenance): $800 per monthIncome and ExpensesMonthly Rental Income: $3,000Monthly Expenses: $800Monthly Mortgage Payment: $2,000ExplanationThe investor earns $3,000 in rent each month.They pay $2,000 on the investment property mortgage and $800 on other expenses.This leaves $200 profit each month or $2,400 per year.However, you have to pay $6,000 interest on the equity borrowed.This leaves you with an annual loss of $3,600.This example shows that while the rental property generates positive monthly income, the interest cost of borrowing the initial $100,000 results in an overall annual loss.

14 October 2024 | 8 replies
Or try the reverse - rehab a property to Class A standards in a Class D neighborhood and try to get a Class A or B tenant to rent it.Unfortunately, many newbie real estate investors are jumping into buying affordable Class C rentals - expecting Class A results.

11 October 2024 | 5 replies
The property has appreciated as a result of constructing the ADU.Thank you in advance for your help!

17 October 2024 | 26 replies
As a result, a number of mortgages were defaulted and the banks repossessed.

12 October 2024 | 15 replies
Let them know that failure to comply will result in filing a complaint with the state commission.