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20 September 2024 | 114 replies
One way to achieve more equity is to look at the neighboring markets and growthtriggers see if your area has similar economicsPass performance does not dictate the future Growth factors possibly hyper growth in your neighboring areas new construction amenities I have seen areas jump 10 X in relatively short periods due to multiple factors shopping, dining You owe to yourself to research the possibilities of future equity growth. you can always syndicate your ownership to long term investors to recoup some of your capital. ideal for people look for a write off and have the Ability to wait for appreciation.
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15 September 2024 | 61 replies
Also if you are under construction and your insulation is out then that may contribute to the heat.
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9 September 2024 | 12 replies
I will post the before and after pictures, hopefully it can help anyone starting this journey, we are new investing out of state but NOT new to handlining construction project out of state for clients, looking forward to the challenge!!!!
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10 September 2024 | 13 replies
You could get new construction with your VA loan and when you move on in a year or so, have a virtually brand new home that will be very little upkeep to maintain when you put tenants in there and typically, you will get higher rents in a newer construction home.
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10 September 2024 | 21 replies
To answer your question about inspecting the property, an investor friendly realtor should be able to help connect you with a local inspector with a good track record and multiple property managers who should also be able to help answer most of your questions.
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11 September 2024 | 18 replies
It was not a newly constructed fence to increase the value of the property; rather, it was a replacement for an old, damaged fence due to nature disaster.
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9 September 2024 | 0 replies
For newly constructed, purchased or renovated properties and also retroactive generally over the last 10 years, building components are properly classified into individual units of property and accurate recovery periods for computing depreciation deductions.
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10 September 2024 | 10 replies
Whether that means a "cash out refi" assuming you can get rates that work, or a 1031, get your money working for you.I work with many investors that are looking to use a 1031 to move an older depreciated property into a New Construction investment property that will work well for Cashflow, Appreciation, and will give them great tax benefits with the reset depreciation.Feel free to connect if you have more questions.
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11 September 2024 | 69 replies
The classic one was Tenant leaving huge amounts of grease in kitchen, inspector requires landlord to clean it up.2) Tenant vacates the unit without notice early in the month.
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8 September 2024 | 15 replies
Let's start with how I ended up being in the office that day: Chris saw my post about needing recommendations for an inspector in Memphis for the property I intended to buy during my trip.