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1 October 2024 | 7 replies
Networking with local and online communities can lead to partnerships and mentorship.
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29 September 2024 | 5 replies
Additionally, I don't believe Form 4797 should be generated for this transaction.Please confirm that, for reporting a 1031 exchange from one residential rental to two residential rentals, I need to prepare a separate statement and only complete lines 19 through 25 on Form 8824.
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3 October 2024 | 14 replies
With DSCR loans, you can continue scaling your portfolio as long as the properties generate enough income to cover the loan payments, which supports long-term growth.3.
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2 October 2024 | 48 replies
So I was thinking that would lead to more "Can you come over and show me how to work the thermostat/tv remote/wifi/hot tub/etc".
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30 September 2024 | 5 replies
If you have the seller willing to finance at a low interest rate, you may find it easier to attract an equity partner since the property is already structured to generate solid cash flow.
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30 September 2024 | 5 replies
For a core deal, I would assume it would be lower, but again, I don't know what they are doing to drive those returns.Relying on markedly lower loan rates is no guaranteeRelying on more core buyers is only likely to happen when pricing (as measured by cap rate) is higher than prevailing interest rates.Unknowns:What is business plan to generate those returns?
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29 September 2024 | 21 replies
Contribution - some want to provide good housing options.Most will have a combination of all these factors.QUESTIONS.What type of cash flow are you looking to generate?
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1 October 2024 | 12 replies
Sounds like your PM is either trying to generate additional interest revenue for themselves with your money, or they are having their own cash flow problems.
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30 September 2024 | 24 replies
It may lead people to wonder ‘if the seller left some of the old plumbing fixtures and towel bars, etc, where else were corners cut’.The kitchen appears rather small and even an island on wheels would add more counter space.As mentioned previously, curb appeal and staging would absolutely make a difference here.Good luck with your sale!
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1 October 2024 | 5 replies
Like Bill was leading to, your first task is to stop the water intrusion.