
13 December 2024 | 16 replies
We do some cosmetic improvements to bring homes to our standard, typically carpet and paint, upgrade lighting etc.

15 December 2024 | 15 replies
I am above 50% on standard Visa/MC, below 50% on Amex, and about 0% with anything that is like a local credit unions.

17 December 2024 | 16 replies
I just do not want to take this possibility off the table if it could help us really get moving in terms of number of doors we have rented out (a 2/3/4 door rental is an exponential increase in our cash flow, compared to the single family home we are planning to buy first).

13 December 2024 | 7 replies
The demographics and map data don't take the students into account, but they're really what's driving the market.Low property values and ever-increasing student rents are a recipe for a market when you can pick up a duplex in decent condition for $150k, and rent it for $500/bed (that's an EGI of $36,000 annually for a 3/3 duplex).

20 December 2024 | 20 replies
First - you have to mention what the syndication will do as that will have an impact on how you get taxed.Given that this is a real estate forum, it is assumed that you are investing in a syndication that will invest in real estate.Most real estate syndications purchase real estate in year 1 and have a plan of selling / exiting in year 5 or 7.Often times, the sponsor will get a cost segregation study which increases the loss on the K-1 presented to the investor in year 1.This may be important as it almost guarantees that there will be no taxable income from the syndication from year 1 to the year before exit.If the syndication does well and exits at a price more than purchase, it may result in a taxable income.
16 December 2024 | 20 replies
Now there was an increase in the bill to 1,755$ for 3 months.

13 December 2024 | 10 replies
I hope that makes sense as i'm trying to better understand how to go through this process the right way and increase my chances of approval.

17 December 2024 | 14 replies
Regular Inspections: Conduct frequent site visits to monitor progress and ensure quality standards are met.

9 December 2024 | 38 replies
I request credit limit increases every year on all my cards.

8 December 2024 | 12 replies
If you do section 8 you also have to be aware that your notice requirements for renewal and also for lease termination are longer than the standard lease.