Amir Portal
Help whit choosing a neighborhoods for BRRRR strategy
28 January 2025 | 10 replies
I paid for the subscription for a few months and drew my own custom Google maps areas and color coded them red/yellow/green based on a "grade" I felt came from a few metrics like crime/average household income/etcI also really like realtors dot com new maps, if you search for an address and click on the map and then go to the top left and choose the Value slider it will give you a nice color coded map of which areas of a neighborhood are higher valued.
Bruce D. Kowal
🏠 vs 📈 - A Fresh Look at Real Estate and Dividend Stocks
28 January 2025 | 0 replies
Similarly, quality dividend-paying companies often retain some earnings to reinvest in their business, increasing the company's (and your) value over time.
Niklas Zhu
Cost segregation recapture on a teardown property
27 January 2025 | 2 replies
However, the depreciation claimed while the property was a rental must be accounted for upon the future sale of the personal residence, which could increase your capital gains tax liability.The adjusted basis of the property (original cost minus depreciation) will be used to calculate gains or losses at the time of sale.
Muriel Hair
Are Home Prices Going Up or Down
28 January 2025 | 3 replies
@Muriel Hair here's some articles about Detroit increasing over 20% in 2024...https://detroitmi.gov/news/detroit-home-values-increased-ave...https://www.cbsnews.com/detroit/news/detroit-home-prices-amo...https://www.detroitnews.com/story/news/local/detroit-city/20...
Nicholas Perez
How I Saved My Grandfathers 2 Family from Tax Foreclosure
30 January 2025 | 0 replies
The two-family property now has better curb appeal and the rental units are much more desirable, which has helped me increase my rental income.
Paul Whitney
1031 Cash Flow investor
30 January 2025 | 7 replies
@Paul Whitney Detroit property values increased over 20% in 2024:https://detroitmi.gov/news/detroit-home-values-increased-ave...https://www.cbsnews.com/detroit/news/detroit-home-prices-amo...https://www.detroitnews.com/story/news/local/detroit-city/20...DM us if you'd like more info...
Devin James
Time is of the essence - Im currently learning an expensive lesson
22 January 2025 | 4 replies
If we can complete projects faster, we increase IRR and build trust.3) Market Risk- The longer it takes to complete a project, the more exposed you are to market fluctuations.This goes for all things Real Estate - BRRRRs, Flips, New Builds, Rehabs, etc.Real Estate is a wild ride I feel your pain, I've had this happen many times where the project is twice as long.
Chungying Chu
How to get an umbrella policy as non-resident
20 January 2025 | 9 replies
@Chungying ChuIf you want more liability coverage, ask your insurance company if you can increase it.
Raqia Bethea
Am I overthinking
24 January 2025 | 6 replies
Do you have other ways to decrease your expenses or increase your income aside from real estate?
Jp Coghill
Appfolio On Boarding
11 January 2025 | 1 reply
They’re requesting what feels like an unreasonable amount of information, and the demands keep escalating.So far, they’ve asked for:A video tour of my home officeCredit checks on me and my partnerCopies of the deeds for every property we ownA copy of my partner’s home lease and utility billsBusiness phone billsA signed letter from the bank verifying our accountsBank statementsHonestly, it feels more like qualifying for a loan than trying to become a customer.