
24 December 2024 | 3 replies
While land loans still require good financials, smaller local lenders are often more willing to work with unique situations.You could also look into partnering with a private lender or forming a joint venture with someone who shares your vision.

23 December 2024 | 4 replies
The lender may then require your co-signers to be owners of the LLC, but not necessarily.

29 December 2024 | 253 replies
You may not get the first property you offer on because if it looks good to you, you will probably have competition so start offering on properties that fit into your personal investment philosophy and meet your minimum financial requirements.

27 December 2024 | 16 replies
Selling a property that requires significant work can indeed be challenging, but there are several avenues you might consider exploring:Local Real Estate Agents: A local agent with experience in selling fixer-upper properties or historical homes in your area could provide valuable insights.

23 December 2024 | 10 replies
However, there is a straightforward process that does not require any secrets or gurus, which is illustrated below (click to enlarge).I will summarize each step below.GoalsSetting written goals is the foundation of any successful venture.

30 December 2024 | 819 replies
They require a lot of work and attention.

23 December 2024 | 5 replies
Future gains on the investment portion may be deferred with another 1031 exchange, while gains on the primary residence may qualify for the $250k/$500k exclusion if residency requirements are met.This post does not create a CPA-Client relationship.

9 January 2025 | 46 replies
This increased the time required which ended up costing others clients promptness.

28 December 2024 | 7 replies
This one requires a very specific tenant who values that feature.This variation got me thinking: How can I identify more properties like my first one?

11 December 2024 | 2 replies
The typical clients that seek out cost segregation studies include:Real estate companies that buy and sell multiple properties each year.Individuals with a portfolio containing investment properties including apartment buildings, multi-family homes and even single residences.Franchise owners with properties that are similar to one another such as assisted living facilities, storage facilities and golf courses.Business owners of hotels, food facilities, shopping centers, restaurants or manufacturing plants.It depends on the type of property, but generally 15-45% of the building’s costs can be classified into assets with a shorter life.