8 January 2025 | 3 replies
., mobile homes often lose value over time unless they are situated on owned land) and tenant turnover.However, tax advantages include depreciation deductions, which allow you to offset rental income by writing off the property's value over time, and cost segregation, which accelerates certain deductions.

6 January 2025 | 8 replies
Raleigh specifically has introduced “Fast-Track Plans” designed to streamline permitting to build ADUs faster and more cost-effectively.
13 January 2025 | 21 replies
Hey Account Closed - I highly suggest using a renovation loan and house hacking a multi-family if that is possible with your current life circumstances.The 203k and homestyle renovation loans are just amazing products and drastically help you reduce your risk, in my opinion, because you are able to leverage the cost of the entire renovation with such a low down payment loan.We work with a lot of clients who use these products in Chicago, and no matter what, in the long term, they gain great equity.If you aren't able to house hack - the process is essentially the same, but just with more money down with hard money or conventional construction loan.

5 January 2025 | 17 replies
U will never hit the numbers ever in renovations as there is no way to know the unknown.. just make sure there is plenty of margin above you all in price and cost of capital.

10 January 2025 | 6 replies
Not to mention they wrote of over $300k worth of taxes for me utilizing a cost segregation study.

9 January 2025 | 11 replies
The DST is losing $ due to upkeep costs (foundation, HVAC, normal repairs, etc.).

8 January 2025 | 5 replies
Costs will seem high relative to the loan amount on these smaller loans, $5-6k in lender fees isn't uncommon.

10 January 2025 | 12 replies
My cost basis for my properties are consistently off from my tax returns because Stessa will include everything in the basis even though it shouldn't be.

10 January 2025 | 8 replies
We have our own design team, contractors, and real estate agency under one roof, which saves time, cuts costs, and improves communication across projects.

6 January 2025 | 28 replies
Marketing, screening, collecting rent, unpaid rent, maintenance, capex, insurance, lawn care, vacancies, turnover costs, inspections, and so much more.