
18 December 2024 | 4 replies
Likely it is just a quit claim deed to your new name, however, also note that some states (ie MI - requires another form to be filled out and it changes our taxes - or can change them....).Get the help you need to make sure it is done right without costing you extra down the road.

20 December 2024 | 3 replies
The ability to generate more income for simply the cost of a building is another huge cost saving over buying an expensive commercial lot and developing it.
20 December 2024 | 4 replies
Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

9 December 2024 | 20 replies
A couple years later, repairs, vacancy and turnover costs and you've actually lost money every month and you've decided to sell and buy in a more desirable area, but the property hasn't appreaciated, you have to fix it up to sell and incur transactional costs and you lose even more money.

19 December 2024 | 15 replies
Almost all DSCR loans will have either A) a prepayment penalty which prevents you from selling or refinancing within a given period without paying a cost, or B) a combination of higher rates and points to offset the lack of a prepayment penalty.

20 December 2024 | 6 replies
The other 40% realizes it will cost a lot of time and effort to move and that they’ll likely be paying even more afterwards.

20 December 2024 | 8 replies
Your profit is sales price minus selling costs minus purchase price.

20 December 2024 | 18 replies
You have to cover increased utility costs.

19 December 2024 | 11 replies
Have you made a research on house prices, rehab costs, time on the market to sell and etc?

21 December 2024 | 7 replies
The restrictions, requirements and timelines on these are very specific and one mistake can be very costly.