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27 May 2024 | 1 reply
Job growth and economic development in the area, such as the establishment of new manufacturing centers, will further bolster housing demand.Mortgage Rates and AffordabilityMortgage rates, which have been at two-decade highs, are expected to stabilize and potentially decrease slightly due to anticipated federal rate cuts.
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28 May 2024 | 17 replies
Kris,There are many ways to anticipate future appreciation.
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27 May 2024 | 7 replies
College drained my finances faster than I anticipated, but I've found a new path that feels right for me.
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30 May 2024 | 63 replies
Plans to were announced last month to invest $2B into the cities airport in anticipation of the population/business travel growth.
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26 May 2024 | 12 replies
When everything was finished, I made just over $2k.My second Project's anticipated profit is around $30k (I followed the "rules" on this property), compared to an initially projected profit of $35k.We just started my third project.
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26 May 2024 | 14 replies
@Bruce Woodruff I anticipate it will work out to remain about the same.
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23 May 2024 | 6 replies
So, looking at the flips I take on, with anticipated profits in the $70k+ range, the setup costs alone are eating nearly 20% of your potential profits, and that is before any real splits with your investors, leaving both your investors and you with not a lot of money left to spread around.A fund could work, but typically, for the economics of a syndication/fund structure to work, you are looking at several million of equity, leveraged up to high single millions, if not into $10+ million range for their to be enough money to make it worth everyone's efforts.
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23 May 2024 | 1 reply
Since this was my first experience, the process took longer than anticipated.
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24 May 2024 | 15 replies
Mainly, because structural issues can be a complete black hole of money, time, effort--and it can be very difficult (and costly) to anticipate just how much money, time, and effort they'll consume.First, you'll need to figure out what's causing the structural issues--it could be settlement at the footers caused by ground water, it could be wood rot or termites in a beam, it could be masonry degradation caused by water coming off the roof, it could be improper drainage of the roof, it could be tree roots degrading the foundation, it could be a plumber who cut out a critical joist to install a line 20 years ago, it could be improper construction, it could be any or all of those things, and it could be any number of other potential causes.
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23 May 2024 | 2 replies
Hello, if I purchase a rental property in Miami this year and close under my name, and then transfer the title to a LLC the same year, do I need to anticipate TWO times the property tax hike for next year?