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21 October 2024 | 3 replies
Look at thrift stores and second hand items for some thing-get sturdy things in good condition.
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25 October 2024 | 17 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases.
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23 October 2024 | 9 replies
We would buy the land outright and then through our local bank connection that we've done deals with in the past have them help fund the build out with interest only until with hit a certain lease up %.
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23 October 2024 | 3 replies
My family has an agricultural exemption on some acreage and we lease it to people who run 3 cows on it to maintain the exemption.
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28 October 2024 | 46 replies
And that’s with issues and that pop up, however it’s brand new so probably won’t have too many items to fix in short term.Sounds like I should list it.
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22 October 2024 | 11 replies
You would have depreciation recapture on the items you depreciated (75k), taxed at ordinary income rates and then any of the actual property appreciation would be taxed at favorable capital gains rates (50k). 1031 exchange will allow you to defer all of that gain as long as you meet conditions.
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16 October 2024 | 5 replies
When I first bought the building I did not know the difference of NNN or gross leases so I just copied and pasted the previous owners lease.
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21 October 2024 | 8 replies
Major items include clearing overgrown shrubbery, replacing doors, fixing up the deck, getting a pond running again, and removing an in-ground hot tub.
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22 October 2024 | 1 reply
Needing to track everything from rentals, scheduling, leases, accounting and marketing - it was a big Ask!
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29 October 2024 | 131 replies
What action items were you helped with?