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22 November 2024 | 7 replies
By-right uses are much simpler since they don’t require additional government approval beyond standard permits.Development Standards: Once zoning is clear, factor in the regulations such as setbacks, parking requirements, density, and other local standards.
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24 November 2024 | 1 reply
If you have followed some of the recent syndication posts you can follow up with that concept.2.
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3 December 2024 | 51 replies
Bozo and Krusty, who are absolutely desperate for a place (almost always for good reason), are who WILL apply for overpriced apartments, usually because they have no real concept of how they're going to afford the rent.Turnover and vacancy are what kill you in the LTR game, and they kill you faster if you're working with a small portfolio.
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20 November 2024 | 0 replies
., modern designs, open concepts) are resonating with buyers or renters?
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20 November 2024 | 4 replies
Eventually, with time and experience, your knowledge and confidence begin to align more realistically.This concept is incredibly relevant to real estate investing.I encounter this often: an investor seeks advice but quickly tells me how much they already know.
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19 November 2024 | 4 replies
The concept of the Housing Authority running out of money never even occurred to me!
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15 November 2024 | 17 replies
The simpler your setup, the better:- Since you already have an LLC, keep using it.
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18 November 2024 | 4 replies
Which one should I use of the less expensive/ simpler lot.
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19 November 2024 | 7 replies
We purchased a property in early October and are placing it in service this week (mid November).We had intended to run a cost segregation study and try to accelerate depreciation which we can deduct against our W2 (assuming material participation).However, we have been reading through the IRS guidelines (eg publication 946 on Property Depreciation) and there seems to be the concept of "short year" which would mean that we can only deduct ~1.5/12 of a year's worth of depreciation in 2024.Is this correct or are there any different rules for STRs specifically?
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24 November 2024 | 27 replies
I know this post is pretty old, but I’m curious about the concept of self managing a condo-tel.