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8 January 2025 | 16 replies
For example, if you buy a home for 100k, and then improve the property and now it is worth 200k.
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3 January 2025 | 5 replies
There are a couple of unique tax laws to real estate investors - 1031 exchange, bonus depreciation on certain improvements, Qualified Opportunity Zones, real estate professional status, etc.Make sure that the accountant you interview to understand the above concepts.best of luck!
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2 January 2025 | 12 replies
Search youtube, "Multifamily owner and baby boomer sells 18 units and uses a deferred sales trust instead of 1031" to here more details.
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9 January 2025 | 107 replies
The plan was to pay cash, refi out and use that to improve the property.
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13 January 2025 | 19 replies
Many youtube videos on the concept will help spell it out for you and give you confidence to proceed.
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12 January 2025 | 6 replies
This gives you a foundation for making a fair offer.Secure Financing: Be prepared to show you’re a serious buyer with funding lined up, whether through cash, traditional financing, or a creative option like seller financing.Have a Strategy for Repairs or Development: If the property is distressed, outline how you’ll handle improvements to bring it back to productive use.
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14 January 2025 | 27 replies
I have not been impressed to date with Suncoast PM and if nothing improves I'll be looking for a new PM when agreement term expires.
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22 January 2025 | 22 replies
Net Sale - Is the contract price, minus the closing costs and commissions.Adjust cost basis - Is the purchase price, plus capital improvements, minus depreciation.
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1 February 2025 | 30 replies
A good manager can improve performance for a mediocre investment; a bad manager will kill a good investment.
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25 December 2024 | 1 reply
These also all have corresponding Youtube Videos on the Real Estate Rookie Youtube.