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20 October 2024 | 17 replies
Sure, it will take a few days but worth its weight in gold.
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15 October 2024 | 3 replies
We have been marketing to expired listings and contacting listing agents who's listings have been sitting on the market for months with price reduction after price reduction.
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16 October 2024 | 11 replies
Agree up front to price reductions at specified intervals.
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15 October 2024 | 21 replies
I personally don't see a problem paying a couple of extra pts for a 1% reduction in the loan but some people I know are very adamant that we shouldn't be paying pts at this time in the game.
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16 October 2024 | 0 replies
So, if interest rates are a buyer’s primary roadblock, then I recommend negotiating a rate buydown at a seller’s expense or looking at new construction, where builders are offering rate reductions and other substantial incentives.What if I’m a seller?
17 October 2024 | 15 replies
Hey Spencer, As of 2024, bonus depreciation is still available at 60%, but it is set to decrease to 40% in 2025, with further reductions planned for future years unless Congress takes action to extend or change the law.
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16 October 2024 | 25 replies
My gut tells me that Texas, particularly Austin and Houston, could be where the next wave of growth and expansion occurs, mainly driven by strong business and job creation trends.Here’s what I’m looking for in my US investments:Free-standing houses with a good land component, at least 3 bedrooms and 2 bathrooms, and in well-maintained condition.Budget : Will have to keep a factor of safety for the current exchange rates of AUD.USD = 0.68 so will cap our budget at 250K- 300K.Yielding over 6%, with a slight cash flow positive outcome, while also offering medium-term capital appreciation potential.Holding for at least 5 years or more, with a view towards steady growth.The long-term goal is financial independence, reducing reliance on salary-based income, and building assets during this accumulation phase.Debt reduction is on the horizon—looking to consolidate and start winding down debt within the next 7 years.If anyone has experience investing in the Texas real estate market or any tips on navigating US property investments, feel free to share your thoughts!
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14 October 2024 | 7 replies
I know a vacancy is tough and it can be hard to find tenants in the winter, but you have to weight the costs and benefits and decide.If it's harder to find renters in the winter, try offering a month-to-month lease just to get through the winter, then move back to a one-year lease in the spring.
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15 October 2024 | 14 replies
Business credit is largely irrelevant until you get into the true CRE and commercial lending space, and even then, the key principles are weighted heavily.
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8 October 2024 | 9 replies
I don't want to ask for an unreasonable reduction because I might loose the deal, but I also don't want to be short changed.Love to hear what y'all think.