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31 December 2024 | 17 replies
What we really need is a single internet "bad tenant" list to warn each other.
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23 December 2024 | 13 replies
Quote from @Henry Clark: Quote from @Jake Andronico: Quote from @Arn Cenedella: @Jake AndronicoI’ve looked into them but have never executed one.Let me say they will be expensive and complicated.I think what you will find if one is trying to defer $50,000 to $100,000 in gain, it’s not going to be worth the time and trouble.On the other hand, if client is trying to defer gain of $500,000 to $1,000,000, it’s worth the time and trouble.I use First American Exchange for my own account a dozen times and they have been right on the money.Google them and reach out.ArnIt's definitely more expensive than a traditional 1031 exchange, but being able to secure properties upfront can be super convenient.
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30 December 2024 | 3 replies
Even with $50-100k, you can start small (like single-families or 2-unit properties) and recycle your money to keep growing.
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31 December 2024 | 3 replies
Thus, I think that we could see national rents rising in the high single digits, or possibly surging as much as 10% in 2026 vs 2025, with some markets seeing rents rise even faster than that - Austin, TX regaining much of the lost growth in 2024 and 2025, for example.
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25 December 2024 | 12 replies
North of the River tends to house single family home bedroom communities.
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28 December 2024 | 11 replies
My approach is when there is that much unreliable information, I either call it a day and walk since I have no idea what comes next or I negotiate to a super deal so that whatever I haven't been told can be taken care of.
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8 January 2025 | 34 replies
It really sucks to kick out single moms who have not paid rent in 6 months when they are crying in court.
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5 January 2025 | 33 replies
This is largely because I can typically get higher rents in B and A-class neighborhoods without relying on Section 8.I’d recommend focusing your search on C and C+ neighborhoods, for both multi-family and single-family homes with more than three bedrooms.
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25 December 2024 | 60 replies
Duplexes are generally valued lower than a single family.
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27 December 2024 | 8 replies
Part of this is regulations in my city, but after having done it this way, I wouldn't ever want to do it with a single family home.