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13 November 2024 | 2 replies
In real estate, the biggest hurdles are often the ones you least expect—and sometimes, they’re as small as a crystal doorknob.Back in 2019, a simple set of crystal doorknobs nearly cost us a $25,000 deal on a home on Burgess Street.
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13 November 2024 | 9 replies
The property is a small three unit multifamily.
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14 November 2024 | 6 replies
If it's only 1 unit, and you are just starting, Airbnb and Furnished Finder would be good.FF has a very small yearly fee and airbnb will take a commission, but it will also get you used to both.
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14 November 2024 | 10 replies
You can also do small changes, like going from a multi-family to a couple SFRs, or industrial to office.
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14 November 2024 | 21 replies
It really is such a small thing that makes a big difference.
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11 November 2024 | 8 replies
.: There IS going to be a big impact on Real Estate, especially for Single Family and small Multi-Family that is Owner Occupied.The SALT Deductions are slated to expire at the end of 2025.Trump has already said that he will allow it to Expire:https://about.bgov.com/insights/elections/2025-tax-policy-cr...This is NOT a small change.The Standard Deduction gets reduced by about 40%.Then you get to deduct the SALT (State and Local Tax) that you paid PLUS up to $1 Million in Interest from your Mortgage against your Federal Tax Return.The only limiting factor will be AMT (Alternative Minimum Tax).In 2017 when this Cap was put into place, it made sense.However, now that the average Home sells for about Double what it was back in 2017, many normal Americans can benefit from the Expiration.I'm hoping that the Trump Administration does not extend the Cap.Too many people will love him more if he allows it to Expire!
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12 November 2024 | 4 replies
It’s a good idea to start small and focus on what interests you most.
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12 November 2024 | 5 replies
My advice would be to start small and do your research.
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12 November 2024 | 6 replies
It's such a small area I would put down tile.
15 November 2024 | 14 replies
When you’re ready, consider house hacking or buying a small rental property as your first investment.