
30 August 2024 | 7 replies
Planning and careful execution should reduce your risk of delay.

28 August 2024 | 4 replies
Any deals you push their way can earn you a commission/referral fee.

29 August 2024 | 2 replies
After the cost segregation study was performed, this was the new asset allocation breakdown by useful life.Here are some examples of what types of assets are included in each of these asset classes.5 Year Useful LifeSpecialized equipmentCabinets and countersRefrigerators and microwavesSecurity alarm systems and telephone connectionsDecorative wall treatments, ceiling fans and flooring15 Year Useful LifeSidewalks, landscaping and asphalt pavingSignage and site lighting39 Year Useful LifeDoors, walls, roofing and windowsFlooring, drywall partitions and ceilingsEmergency lighting and restroom fixturesPlumbing, HVAC, and electrical distributionThe use of the accelerated depreciation strategy helps real estate investors to reduce the tax liability immediately which therefore increases their bottom line due to the offsetting of income.

29 August 2024 | 3 replies
This creates two loan payments ($100,000 of equity and $300,000 on the new mortgage).Key NumbersHome Equity Loan Interest Rate: 6%Mortgage Interest Rate: 7%Rental Income: $3,000 per monthExpenses (management, taxes, insurance, maintenance): $800 per monthIncome and ExpensesMonthly Rental Income: $3,000Monthly Expenses: $800Monthly Mortgage Payment: $2,000ExplanationThe investor earns $3,000 in rent each month.They pay $2,000 on the investment property mortgage and $800 on other expenses.This leaves $200 profit each month or $2,400 per year.However, you have to pay $6,000 interest on the equity borrowed.This leaves you with an annual loss of $3,600.This example shows that while the rental property generates positive monthly income, the interest cost of borrowing the initial $100,000 results in an overall annual loss.

30 August 2024 | 22 replies
Do you run into issues with cleaner retention when reducing their pay?

29 August 2024 | 7 replies
In the process, I would either lose this potential tenant and yet would have gone thru the process esp. when I wanted to avoid getting engaged with the city Like someone's comment elsewhere - the tenants who come thru this program are not well earning, so what is the probability they will 1) stay longer& not have to be evicted and or 2) the payments in time/ partial 3) will they trash the place

29 August 2024 | 13 replies
Selling monetizes that equity and allows it to be invested and earn a higher return.5.

28 August 2024 | 2 replies
I've been trying to work out a deal with a land owner who would like to sell off a parcel of land in order to reduce is debt.

29 August 2024 | 4 replies
Building new construction would turn it into an investment property, limiting the exclusion to $250,000 and increasing the tax burden, reducing overall profit.Way to keep the exclusion and still keep the property is to sell this to a privately owned S-corp.

29 August 2024 | 43 replies
When you do that change all of your ad titles to note in BOLD at the beginning something like REDUCED PRICE or $100 OFF/MTH END OF SUMMER SALE.