Michael Palmer
Reasonable Construction Loan Terms
21 December 2024 | 10 replies
That's significant and really impacts margins.
Chris Shon
Do I need a Real Estate Tax Accountant?
10 January 2025 | 16 replies
Real estate transactions, especially flips, come with specific tax implications such as the potential for dealer classification, short-term capital gains, and cost allocation for renovations, which can significantly impact your tax liability.
Rick Im
Discrepancies with public records
28 December 2024 | 4 replies
Your response also got me thinking about how this classification might impact the appraisal if this is not a mistake.Rick
Carl Rowles
Flooded House-Plz Help
29 December 2024 | 14 replies
The property can only be vacant for so long without notifying insurance so when the prior tenant moved out could be impactful here.
Alex R.
Southern Impression Homes
14 January 2025 | 27 replies
The numbers no longer look nearly as good on these investments (now more like speculation) and I will now be forced to get my deposit back or accept this new price.
Rae Chris
Properties, Networking, Advice,
2 January 2025 | 13 replies
@Rae Chris Ann Arbor is pretty expensive, so difficult to find cashflowing rentals.You may want to look in Ypsilanti - if you want to stay in your area.Otherwise, Metro Detroit offers a LOT of options.Read our copy & paste below for some helpful info:---------------------------------------------------------------------------------------------------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?
Carlos Olarte
Is it worth building Adu's in Orange County / Long beach ?
23 January 2025 | 12 replies
Make sure you know the impact that adding an ADU will have on any rent control. 12) investors seldom include the land value in the overall ADU costs.
Lorraine Hadden
Will Mortgage Rates Go Below 3% Again?
2 January 2025 | 18 replies
Show them the history of 30 year fixed mortgage rate & explain that the only reason rates got as low as they did is because the Federal Reserve started Quantitative Easing during the during the recession and then again during COVID.Here's the graph showing the impact of Quantitative Easing (QE) on interest rates.
Mark S.
preREO - First Mortgage Secured by Vacant Property
24 January 2025 | 42 replies
You have to force them with everything, call follow up email every day.
David Denney
Need advice. 3 way LLC / partnership set up
27 December 2024 | 2 replies
While they are the obvious ones, they are much less impactful to building a solid partnership.