
1 September 2024 | 8 replies
Which is true - but the refi is going to cost you $3,000-$5,000 in closing costs again - which actually moves you backwards by a couple of years to recoup those costs at the $200 more per month you will make once rates get back down to 5.x%.My bet is that unless you can find some seriously undervalued real estate that your numbers won't look pretty at 8% interest (all in).

30 August 2024 | 9 replies
Sellers are not required to disclose material facts about the property that they "should have known," nor are they required to perform any inspections to uncover any issues themselves.

30 August 2024 | 13 replies
Here is a recent post of mine that addresses your questions: Cost Segregation - The Basics (biggerpockets.com)You can perform a cost segregation anytime before you file your tax return in April, 2025.

30 August 2024 | 6 replies
That can be discovered by looking at performance of Airbnbs in the area.

30 August 2024 | 9 replies
I would think that a lot of folks who were in it 2-3 years ago were in it for the non-performers, and we know how that market is currently.I'm not currently buying because my capital is currently deployed.

30 August 2024 | 1 reply
You can probably do it in areas without zoning or farmland, but it is very difficult in a traditional residential zone.Your best bet is to look for areas along busier roads that are currently residential and turning commercial or already turned commercial with lingering residential.

30 August 2024 | 5 replies
If you're using all cash then obviously that's not an issue.Another thing to consider is if the land has deed restrictions, checking on the city website or MLS would be your best bet there.I'd love to learn more about what you're trying to do and maybe be able to help answer any questions you might have!

30 August 2024 | 2 replies
Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!

30 August 2024 | 4 replies
This document can help assess the financial performance of an asset.

30 August 2024 | 8 replies
Tenant not trusting this work as he is out of home when this work is performed as he has some minor surgery.