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17 January 2025 | 12 replies
There is very little profit when undertaking $45K renovation projects therefore most qualified contractors will pass on those bid opportunities.
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16 February 2025 | 71 replies
Specifically, under a properly structured Trust the following limitations will apply during the period that the property is held by the Trust: (i) the Trust cannot raise new capital; (ii) other than in the case of a tenant bankruptcy or insolvency, the Trust cannot renegotiate or modify an existing loan nor can the Trust refinance or enter into a new loan during the period that the property is held by the Trust; (iii) the Trust cannot renegotiate or modify its existing leases or enter into new leases other than in the case of a tenant bankruptcy or insolvency (in the case of a Trust that adopted a master lease structure, this limitation applies to the master lease and not the underlying third-party leases); (iv) the Trust cannot reinvest the proceeds from the sale of the property; (v) the Trust cannot modify or improve the property other than undertaking normal maintenance or minor non-structural repairs; (vi) the Trust cannot hold its reserves other than in cash or short-term obligations; and (viii) the Trust must distribute all of its cash, other than cash held for normal reserves, on a current basis.
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31 January 2025 | 170 replies
As you can see the blue bars (actual), rental income dipped in April and May due to coronavirus, but the strength of the property shone through in June, and we are continuing to see strength and occupancy growth in July and August.BP sometimes removes graphics from post so the graph is also posted at https://drive.google.com/file/d/1-5eMOlbdx11udW_ufRZXsgzviwmXB_fA/view?
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22 January 2025 | 25 replies
Yes, it is, particularly if you undertake the initial preparation and furnishing of the property yourself.
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23 January 2025 | 23 replies
Since I undertake a number of projects with passive partners who maintain ownership interest in the LLC, I often have to negotiate this with the banks ahead of time as I customarily solely guarantee the debt and that's my LP's expectation.
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17 February 2025 | 68 replies
In any case, I share your vision and I'm currently undertaking a similar plan of action.
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11 February 2025 | 167 replies
Between graphics cards and utility bills, hard to claim $0 for anyone I knew doing it.
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7 February 2025 | 13 replies
Without the tools and knowledge necessary, this was a massive undertaking.
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9 January 2025 | 18 replies
Should I be creating a Wyoming LLC to undertake all of my crimes?
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28 December 2024 | 1 reply
As I've witnessed, rebranding can make a significant difference in the success of a property, even if the physical appearance remains the same.By charging appropriate fees, exploring additional income sources, and undertaking property rebranding efforts, real estate investors can unlock the full potential of their investments.