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9 December 2024 | 11 replies
@Maria JeanetteHere are some of the downsides of putting real estate into a self directed IRA or 401k.No tax deductions: You can’t claim deductions for property taxes, mortgage interest, depreciation, repairs, improvements and other property-related expenses.Property expenses: All expenses, repairs, and maintenance costs must be paid with IRA or 401k funds.
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6 December 2024 | 4 replies
You need to improve the property to improve the tenant.
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17 December 2024 | 14 replies
Don’t buy more than your job can support.
12 December 2024 | 14 replies
No surprise, this, along with job growth (HP is a large employer) forces prices to stay high as demand creeps up too.
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13 December 2024 | 7 replies
When it comes to being a real estate professional, it actually doesn’t have anything to do with your job title or profession.
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7 December 2024 | 2 replies
I can make improvements that increase the value.
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16 December 2024 | 18 replies
Respect their time by giving them the information they need to include or exclude your listing quickly, and then earn their respect by answering all correspondence quickly.Making life easier for the frazzled person trying to do their job is its own reward.
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8 December 2024 | 2 replies
Spoke to a HVAC contractor saying about 7k for HVAC work and 1K for electrician work total 8k but overall may improve tenant experience and maintenance charges to me but bit more price to put upfront
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6 December 2024 | 12 replies
You're also going to need survey and engineering work to get the permits done for putting in the utilities to the buildings, flatwork and other improvement requirements around the buildings.
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11 December 2024 | 12 replies
@Jeffrey Evans$1000 to find a deal I agree - there are tons of syndications and funds available for real estate investors today since jobs act that you can invest in and do your own research on.