Maranda Tucker
Top Neighborhoods in Charlotte, NC : Cashflow vs Appreciation
22 January 2025 | 0 replies
However, be cautious—newer “B” properties are sometimes built in “C” neighborhoods, so careful due diligence is required.Monroe: As mentioned earlier, Monroe strikes a balance, making it a versatile option for investors.Trends to WatchTransit-Oriented Development: Areas near light rail expansions are seeing significant value increases.Suburban Growth: The suburbs around Charlotte, including areas like Concord, Huntersville, and Monroe, are experiencing steady growth as people seek more affordable housing outside the city center.When investing in Charlotte, aligning your neighborhood choice with your goals is essential.
Ian Porter
Windows from China
17 January 2025 | 0 replies
Wondering about paying through an escrow agent or something similar
Johnathan Cummings
Buying portfolio and then selling off a portion to recoup investment?
22 January 2025 | 2 replies
If the purchase is done in cash, as you mentioned, they’d have more flexibility, but they’ll still want to carefully consider the tax and legal implications of the subsequent sales.I hope this helps, and good luck with your client’s deal!
Britt Griscom
Cost Segregation
21 January 2025 | 3 replies
You will need to justify the sale price of those assets to the new owner at their then current value on your books.It is a big hassle to do this, but it can make you a lot of money if you do it right and are careful in your record keeping.
Ricky Moore
First-Time Poster Seeking Advice: How to Approach Heir About Inherited Property
16 January 2025 | 2 replies
I think it speaks volumes regarding your care to the situation the heir is involved in.
John Friendas
LLC Mortgage Under Partner Instead of Me
23 January 2025 | 23 replies
If the above is true, the income will offset the debt in the DTI calculation, so who cares?
Greg Gallucci
Multifamily in Huntsville
7 February 2025 | 10 replies
Prospective investors should carefully consider investment objectives, risks, charges and expenses, and should consult with a tax or legal adviser before making any investment decision.
Fareen E.
Refusing a Tenant Prospect Before Showing/Application
13 January 2025 | 31 replies
That is an easy way to get a Fair Housing Violation case.Lastly, why do you care who is looking at the property?
Leon George
New to BP Community
24 January 2025 | 13 replies
.- They often get sold Class C or D properties while using Class A assumptions - then wonder why they are losing money.Here's some copy & paste info that you hopefully find helpful:-----------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
Grant Shipman
Do you believe that Co-Living investment is the fastest way to financial freedom?
1 February 2025 | 17 replies
The goal is to create nice affordable living that members enjoy and take care of.