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5 February 2025 | 0 replies
It’s off of a very busy road with lots of frontage and its own personal billboard on top of the building.I’m having a hard time figuring out what to do with the property, whereas it is more on the outskirts of town.
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19 January 2025 | 56 replies
Also did business with the Doughers of Orange county now you want to talk about the big boys Holy man. !!
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5 February 2025 | 5 replies
Your not correct under many different circumstances.First property tax is 1.1% (fairly safe) with 2% annual increase (prop 13).Next expenses include a lot more than property tax and interest.
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4 February 2025 | 11 replies
I would reinvest future cash flow from increasing rents to the principal to pay it down faster.
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3 February 2025 | 26 replies
It's a different business model than the typical broker-investor relationship.
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17 January 2025 | 11 replies
The FFE and other assets of the business cannot be 1031d anyway.
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29 January 2025 | 68 replies
All businesses can hit speed bumps during any growth period.
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4 February 2025 | 0 replies
.✅ Creates a Scalable Business – You can’t grow if you’re the bottleneck.
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6 February 2025 | 16 replies
Assuming you go the HELOC route, another option to reduce your costs assuming you have decent credit is to look at credit card balance transfer promotions.Back in 2003-2004 I had HELOCs on my investment properties and interest rates were increasing.
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3 February 2025 | 15 replies
The problem is that your debt payments are going to basically wipe out that $400K profit unless there is room to increase revenue or reduce expenses.