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6 January 2025 | 11 replies
That for them to consider it, they would want to order three appraisals, and then the loans would all have to be cross collateralized over the three properties, and it seemed over the top and costly way to borrow $75K.
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2 January 2025 | 6 replies
A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.
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8 January 2025 | 31 replies
If not who have you used and what was the cost?
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5 January 2025 | 4 replies
Find parks in the area that have open spaces for mobiles then negotiate with the park owner for 6 to 12 months free space rent or for them to pay the moving costs.
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1 January 2025 | 2 replies
I looked at putting in meters direct to every home, but they would cost roughly $2,000 per meter if put as direct to tenant, which seems cost prohibitive.
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8 January 2025 | 4 replies
During my REI investing journey I've done 7 1031’s, then followed each of these up with cost segregation studies.
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7 January 2025 | 11 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
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11 January 2025 | 31 replies
As for repairs on the purchase of a home prior to auction there are some professionals utilized by the professionals for costs to repair the home in best and worst case scenarios.
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3 January 2025 | 3 replies
I am purchasing STR insurance and have all licenses, but if something happened would HOA cover outside costs.
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3 January 2025 | 2 replies
What can I do to ensure there are no surprises after closing and avoid a costly eviction?