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30 September 2024 | 10 replies
Same for multi- 65% leverage is pretty common right now, but I even see some pitched at 50-55% leverage.I will say almost everyone lies on the syndication presentations, or they make it look really good.
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1 October 2024 | 8 replies
Employing the services of a property manager can help boost your business as they provide support in handling the property and could also co-host the property along you.
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2 October 2024 | 12 replies
Experience with models tells me they’re great confidence building tools, but never a good replacement for common sense - and the wisdom of experience.
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1 October 2024 | 1 reply
Cost segregation is a commonly used strategic tax planning tool that allows companies and individuals who have constructed, purchased, expanded or remodeled any kind of real estate to increase cash flow by accelerating depreciation deductions and deferring federal and state income taxes.When a property is purchased, not only does it include a building structure, but it also includes all of its interior and exterior components.
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2 October 2024 | 4 replies
Hi @John Arena, It sounds like you're experiencing some common challenges with property management that might warrant exploring other options.
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3 October 2024 | 15 replies
In order to get started just make sure you have high enough W2 or self employed income that you can qualify for the monthly mortgage plus savings for the down payment and closing cost.
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30 September 2024 | 1 reply
Good mixture of travelers for the hospital systems, university, state workers and employers like GM.
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1 October 2024 | 15 replies
Put locks on each bedroom door so individual tenants have security of their personal belongings.You need a really good set of rules regarding shared common space, cleaning, kitchen use, bathroom use, etc.Be very clear about the rules up front, and selective about who you put in there.
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30 September 2024 | 6 replies
@Sanjeev AdvaniTo me this is a common sense law as good landlords already do this.
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2 October 2024 | 25 replies
Since Friday I have been mostly occupied with trying to help my old employer get crucial services back up and running in Asheville.