Mitchell Rosenberg
Tips for Finding Affordable Properties with High Rent Potential?
9 January 2025 | 8 replies
I think what you're really asking is how to identify good value areas where rents may be trending upward but the prices still remain relatively lower.An important metric is tenant household income to rent ratio.
Izraul Hidashi
If a Borrowers Promissory Note Funds a Loan Who Is The Creditor?
15 January 2025 | 32 replies
In fact, Chase and several other banks have been slapped with fines for their misconduct relating directly to those issues.
Craig Daniels
Relative ranking of my first rental "deal" vs. the rest of the US (monthly cash flow)
8 December 2024 | 7 replies
If s/he'd been putting aside reserves, the repair would have been covered by funds already in the bank.
Wiley Hood
Are DIY cost segregations a good idea?
12 January 2025 | 28 replies
I have been able to review or been told of several audits (from other REI tax colleagues) related to cost segs in the last year or so- and of those none of DIY cost segs were allowed under audit.
Ryan Daulton
Mid-term rental pricing
29 December 2024 | 16 replies
Then you can see where your property would fall in relation to the comps (or if you are bringing a property online, you can see what you have to do to get to the higher range of the comps).
Satyajeet Dodia
Is my Entity Structure overkill ?
20 December 2024 | 28 replies
The reality is that insurance will cover your 16-year-old's accident.
Jamie Parker
First deal after a 5.5 year break
6 January 2025 | 0 replies
When under contract at 300k with the expectation that codes would be the determining factor on what can be done on with the property, as it relates to new construction.
Steven Radolinski
Insights into the Albuquerque Real Estate Market: Opportunities and Considerations
12 January 2025 | 8 replies
It's essential to do your due diligence and perhaps consider investing in more established or upcoming neighborhoods.Property Taxes: New Mexico's property taxes are relatively low in comparison to other states.
Tyler Speelman
Exploring Creative Solutions for Down Payment and Tax Avoidance
12 January 2025 | 13 replies
The rules are designed to prevent related parties from engaging in exchanges that shift high basis property for low basis property, followed by a sale of the low basis property, effectively "cashing out" without recognizing gain.If you sell a property to a related party as part of a 1031 exchange, both you and the related party must hold the exchanged properties for at least two years following the exchange.
Denise Lang
Starting our investing journey. But how to that that out of my home state?
2 January 2025 | 36 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.