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16 January 2025 | 18 replies
Think about questions you can ask to gauge the experience the professional will give you when delivering services.
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8 January 2025 | 2 replies
Let's say $300k, you then agree to the purchase price but add your own terms (ex. 0% interest, 5% down, 16 years to pay back).This way, you're paying (example) $1,800/month but renting the property for $2,400/month and pocketing the difference.Anyone have success doing such a thing?
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13 January 2025 | 4 replies
It took new construction costs from $800-2500 down to $325 / SF and instead of 2 years it can be done in 8-12 months (design, permits, fabrication, shipping, and erection) depending on how much homeowners customized the standard plans.
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10 January 2025 | 23 replies
Quote from @Lamier Guzman: Quote from @Wale Lawal: @Lamier GuzmanWelcome to BP and thank you for your service!
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6 February 2025 | 5 replies
Bonus depreciation recapture is based on the year that is placed into services.As of right now, the bonus depreciation for 2024 is 60%.It is not likely that they will change the bonus depreciation retroactively to 2024.If they change the bonus depreciation for properties purchased in 2025, it will have no impact on a property you placed into service in 2024.
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16 January 2025 | 6 replies
He is now in rent up modeand is at 20% occupancy after 3 months during the slow season.
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7 January 2025 | 8 replies
Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!
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20 January 2025 | 1 reply
- The market is in a little bit of a lull right now (buyers market), its a great time to buy, but slower time to sell (my primary business is flipping houses) I can supplement my flipping business by providing project management services/consulting, helping investors find discounted properties, etc. etc.
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10 January 2025 | 3 replies
I spoke with the title company who is still helping us wrap up the set-up of a servicing company, and she confirmed that they would be responsible for the principal / interest for Nov and Dec, while we are responsible for the escrow shortage balance (as agreed upon).Not sure how it was missed - not my favorite title company to work with.
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12 January 2025 | 8 replies
Note: Florida charges a hefty tax on rentals under 6 months.