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25 January 2025 | 18 replies
Do you typically pay someone to install?
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29 January 2025 | 22 replies
You'll have access to owner occupied loan products, therefore saving on your down payment, typically 3-5% compared to 20-25% for non owner occupied properties.
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22 January 2025 | 8 replies
Quote from @Melanie Baldridge: Why I like investing in real estate more than 401(k)s.Both offer tax deferrals, but here's the difference:If you're making pre-tax contributions to your 401(k), then withdrawals = ordinary income tax.With real estate gains, you're paying capital gains tax (which is typically lower).Plus, RE investors get:1.
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24 January 2025 | 17 replies
Most on-market deals will likely not fit your investment criteria unless you allocate a substantial downpayment, often at least 30%-35%, or negotiate a price reduction that fits your requirements.Furthermore, while this is not the case for all metro ATL markets, my team and I typically see that a solid portion of the small multifamily space is comprised/orientated in neighborhoods of other small multifamily properties.
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18 February 2025 | 148 replies
I am not typically litigious, but this situation is unacceptable.
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24 January 2025 | 10 replies
They're not typically the highest ROI, but if you are facing a large tax bill or are having trouble finding a replacement property within the 45 day timeline, a lot of our clients will identify a DST as a backup.
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21 January 2025 | 6 replies
Lock-out, should they continue to not come even, would be typically less than 14-days.Unless the tenant comes even with the rent (which would result in dismissal of the non-payment of the case), there is generally limited defense to this process.
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25 January 2025 | 7 replies
Investors typically want to stay within the original budget.The only way to do this is to stick to the plan and avoid COs!
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20 January 2025 | 5 replies
Once converted to a rental, repairs and improvements may qualify as deductible expenses, but pre-conversion repairs typically do not.
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21 February 2025 | 28 replies
There are still a lot of deals that are anywhere from 120-180k and multifamily typically starts around 200-250k.