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20 January 2025 | 2 replies
Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.
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6 February 2025 | 12 replies
@Joe Michaels, What a lot of investors will do is to use the 1031 exchange as @Michael Plaks said, isto actually "acquire" additional depreciable basis.
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6 February 2025 | 3 replies
An additional benefit of a detailed engineering-based Cost Segregation Study is that it can increase potential insurance premium savings as well as provide support for the property tax appeals process.
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20 January 2025 | 7 replies
Hey Matt,With $50K in a self-directed IRA, there are several strategies you could explore to generate both short- and long-term returns, depending on your risk tolerance and investment goals.
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4 January 2025 | 16 replies
We rehabbed the entire property and added an additional bedroom to each of the units.
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3 February 2025 | 56 replies
Additionally, we have paused the approval process for the 72-unit rental building due to the current uncertainties and complexities involved.Our original plan has been disrupted, but we believe in the potential of Corktown—a rapidly developing area with immense promise.
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15 January 2025 | 2 replies
Anthony, welcome aboard.. it’s always exciting to see new folks exploring the world of real estate investing!
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12 January 2025 | 54 replies
Great use of space and provides additional income to offset the monthly payment.Orlando, and many other cities, have a "missing middle" problem in regards to housing.
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22 January 2025 | 8 replies
Explore the possibility of doing liability insurance instead, if you don't have much equity it may be your best, and much cheaper option.
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9 January 2025 | 16 replies
However, given that we anticipate completing this project well before that timeframe, I’m exploring alternative solutions to better align with our timeline to get our investment back soonerThank you again for your assistance!