
23 October 2024 | 27 replies
Ensure the appraiser accounted for things like the square footage, recent improvements, location benefits, or other factors that impact value.

20 October 2024 | 84 replies
For capital improvements, get a good handy man (i.e. not through property management).

19 October 2024 | 25 replies
More of an "If... then" vs.... here you go.Instead of solving the end game, improve process.

13 October 2024 | 1 reply
Reminder:Ground improvements qualify for bonus depreciation.This includes various landscaping.Roads and external parking areas.Sidewalks and pathways.Fences.Utility systems (including the installation or improvements to water, sewage, drainage, and electrical systems).Outdoor lighting.Rec facilities (like playgrounds, sports courts, and swimming pools).And more.It's a big category for depreciation/bonus depreciation that we love.

18 October 2024 | 37 replies
That 40k class would not teach you to put nail to the drywall.In my actual job i am so very busy writing code for DATA CENTER like Amazon or Google data center, so I do NOT have time nor knowledge to put a nail in the drywall, but i have TRUSTED friend that can put the nail in the drywall.There are just so many RESOURCES here in BIGGERPOCKETS where one do not need to go to any school but can learn from them or they can redirect to the right people.As for me , my life in real estate context has DRAMATICALLY IMPROVED when I CONVERTED my business relationship into much PERSONAL RELATIONSHIP to the contractor.In flipping business, the contractor, the subcon , is like the Prophet, okay, they have to be listened and being served.

20 October 2024 | 17 replies
Portfolio lenders or credit unions may offer flexible refinancing options, while creative financing can improve cash flow.

17 October 2024 | 11 replies
It can be done if you have the energy and drive to push forward.

17 October 2024 | 5 replies
I don’t know if Jerryll’s method is the only way to obtain leads efficiently, but I hope everyone else beliefs him so I can stop getting solicitations!

16 October 2024 | 13 replies
Also, consider tax credits and incentives for energy-efficient upgrades or first-time homebuyer programs that could lower your costs and improve your return on investment.In summary, starting in California with an FHA loan and considering partnerships and LLC structures can set you up well.

18 October 2024 | 12 replies
Over the past few years, my wife and I have worked hard to improve our financial health—we’ve raised our credit scores above 800, paid off all debt except for our mortgage and student loans, and saved a fair amount.