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4 February 2025 | 4 replies
People who complain about the quality of leads typically fail to understand that it takes months and sometimes even years to nurture and convert a lead.
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3 February 2025 | 9 replies
I'm not sure how I would offer to do a specific job or task when I'm not even sure of the tasks that are typically needed to be done in a RE deal. im not sure if my question makes sense to others but hopefully i could get some advice on how to go about offering my services of time. thanks for you time!
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3 February 2025 | 4 replies
What is the typical guest avatar in the area?
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22 January 2025 | 15 replies
@Jay Fayz for SFR (1-4 family) Classifications are mostly opinion-based.Not aware of anyone tracking eviction rates, except Evictions Lab nonprofit that doesn't like landlords.Here's some info that might helpt:---------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
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31 January 2025 | 4 replies
Typically starting with a smaller rehab budget of $50K or less (maybe a max of $75K) and avoiding a 1 to 1(or higher) ratio of purchase to rehab costs is recommend when you are first starting out.
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30 January 2025 | 8 replies
I see many situations where one generation wants to buy out a prior generation or, more typically, siblings.
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3 February 2025 | 34 replies
This new twist of claiming you owe them money is a typical scam tactic to put you on the defensive so you won't contact them about the money they actually owe you.
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6 February 2025 | 9 replies
There are alternative programs out there with reduced cost, but you are typically looking at 20% down.
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28 January 2025 | 6 replies
., equipment) are excluded from 1031 treatment and are taxed separately—goodwill is typically taxed as a capital gain, while equipment may be subject to depreciation recapture taxed as ordinary income.To minimize taxes on the sale of the business, consider strategies such as Opportunity Zone investments, which defer gains until 2026 if proceeds are reinvested in a Qualified Opportunity Fund (QOF), or structuring the sale as an installment agreement to spread taxable income over multiple years.
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7 January 2025 | 22 replies
That's a typical scenario and could cost you $10,000 - $15,000 so that would be a good starting point for your reserve.But there's more!