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Results (8,502+)
Jordan Blanton Keep paid off property or do 1031
25 June 2024 | 6 replies
This can potentially enhance long-term wealth building.Tax Deferral-By reinvesting your proceeds into like-kind properties through a 1031 exchange, you can defer capital gains taxes, allowing you to reinvest more capital.Market Timing-Despite the competitive market, a 1031 exchange gives you a defined timeline to identify and acquire properties, potentially putting you ahead of other buyers who might not be as motivated by a tight deadline.Cons:Lower Initial Cash Flow-Acquiring additional properties may reduce your immediate cash flow, especially if properties in your target market are not as cash flow positive as your current property.Risk of Overpaying-In a competitive market, there's a risk of overpaying for properties just to meet the exchange deadline, which could impact your overall returns.Either one is a valid option, but overall it depends what your financial goals and restrictions are.
Marty Rogachefsky Prepping a House for Section 8
25 June 2024 | 18 replies
Cracks in driveway are fine unless like multiple inch difference in heights (tripping hazard) and the window would need to be fixed.
Julie Muse Carriage Lane Flip: Big Gains in Oakdale with Seth Choate!
22 June 2024 | 0 replies
Oakdale's growing market further enhanced its appeal.
Julie Muse W 136th Ave Flip: Cedar Lake Success with Ron Rowan!
21 June 2024 | 0 replies
Cedar Lake's growing market further enhanced its appeal.
Julie Muse Church Street Flip: Profitable Baltimore Success with Brittney Sciandra!
20 June 2024 | 0 replies
Baltimore's growing market further enhanced its appeal.
Ann Downer Needing to replace kitchen cabinetry in one side of class C duplex
20 June 2024 | 6 replies
Often getting fewer, larger cabinets is better than more smaller ones (eg 2 30 inch cabinets instead of 3 20 inch ones).
Alecia Loveless Useless property what to do?
21 June 2024 | 25 replies
. $600/yr in taxes seems like a low amount for a developer to not want to pay in order to acquire an extra plot of land that would enhance their space lol. 
Don Konipol Another Jimmy Napier High Yield Note Creation Technique
19 June 2024 | 7 replies
Prepayment penalties can be used to insure against an early payoff.The times I’ve used this technique to create high yielding note I enhanced the return by being able to sell the property above the price I paid.  
Frank Barletta Houston: F the Weather but invest anyways.
18 June 2024 | 0 replies
The education and health services sector alone added 23,800 jobs in the past year, reflecting a significant expansion in these industries, particularly in healthcare and social assistance​.Proximity to Major Employment Centers: Greater Heights offers convenient access to key employment hubs such as downtown Houston and the Galleria area, which are major attractors for residents due to the short commute and abundant job opportunities​.Education: Nearby institutions like University of Houston and Rice University contribute to the area's appeal.Infrastructure Projects: Ongoing developments like the East Blocks Redevelopment and BioHub II at Generation Park enhance local amenities and attractiveness.Investment InsightsGreater Heights Rental Market Trends:Single-Family House Rentals:Median Rent: $1,350 for 1 bedroom, $2,695 for 2 bedrooms, $3,250 for 3 bedrooms, and $6,100 for 4+ bedrooms​​.Stability in rent prices with modest YoY increases: 2 bedroom rents increased by $195, and 3 bedroom rents by $250​​.Median Sold Price YoY ComparisonApartment Rentals:1 bedroom apartments saw a YoY increase of $305, 2 bedroom apartments by $667, indicating strong demand for these unit types​​.Available Rentals:High availability of both house and apartment rentals, indicating a robust market that can support new rental investments​​.Sales Market Trends:Median Sale Prices:Significant appreciation in home values, particularly in 1-bedroom homes, which saw a 190.7% increase from $215K to $625K​​.Other bedroom counts also showed positive appreciation, e.g., 2 bedrooms (5.3%), 3 bedrooms (6.5%), 4 bedrooms (17.4%)​​.Market Activity:Increased number of homes for sale and sold, suggesting a dynamic and active real estate market.
Will Sifert Another state making changes to their tax sale laws (Louisiana)
17 June 2024 | 13 replies
Last year in CHS, liens for any house worth owning seemed to be selling for 30-50% of market value.