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17 November 2024 | 16 replies
Adding it is costly, but doesn't have a good ROI which decreases the ability to force appreciation.So, too long; didn't read: Macon has a lot going for it as market (big hospitals, light competition, reasonable expected rent), but we opted to not invest there because while the cash flow was appealing, we really want to see great appreciation potential in what we buy.
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13 November 2024 | 23 replies
Ultimately, your ability to get a multifamily loan is going to hinge on the property's ability to support its own loan.
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28 November 2024 | 184 replies
The judge approved an order granting Adams more power, including the ability to subpoena and sue parties in an effort to recover assets for creditors.
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18 November 2024 | 24 replies
If you are a considerate buyer that demonstrates an ability to perform, off market deals will come to you through those people with whom you have developed good working relationships.
14 November 2024 | 20 replies
After diagnosing the issue, noting that replacement parts weren’t available, and ordering a new microwave, we received a bill for about $660.
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14 November 2024 | 6 replies
Keep in mind that hiring someone that setup the STR may impact your ability to take advantage of the tax benefits.
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14 November 2024 | 3 replies
Although one property will have negative cash flow, the ability to reinvest could yield higher returns across the portfolio.
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18 November 2024 | 8 replies
Once you convert to operating units in the REIT you can’t 1031 exchange anymore, but you may have the ability to sell your interest in small amounts to pay capital gains tax over time.
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13 November 2024 | 4 replies
I wouldn't go for a condo, as the HOA fees and restrictions could affect your ability to rent it out, and the resale value will always be lower than a comparable SFR.
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14 November 2024 | 9 replies
However, if having your own separate home is your main goal, buying a personal home first might be better, though it could limit your ability to buy an investment property soon after.