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21 October 2024 | 1 reply
The most recent job fair featured over 20,000 open positions.In ConclusionWhile nothing is guaranteed, the combination of population growth and limited land for expansion virtually assures that prices and rents will continue to increase.Thanks for reading my post.
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21 October 2024 | 6 replies
I recently learned that if you owner occupy a residence for part of the 5 previous years before sale, and you rent it for the remaining time, you can calculate the percentage of time the property was owner-occupied (and thus qualifies for the sec. 121 primary sales tax exemption of up to $250k for single filers) vs the time it was being rented (which qualifies for 1031 exchange) and claim both benefits. https://hcsequity.com/blog/combining-1031-exchange-with-121-....How does this work for a multi-family?
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21 October 2024 | 6 replies
Or maybe you want to do a combination of the above?
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21 October 2024 | 21 replies
I scaled through a combination of turnkey and BRRRRs.
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23 October 2024 | 38 replies
BP has given us contacts, information and a network that has helped us get to where we are combined with the local REIGs.
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19 October 2024 | 5 replies
One I was able to get a commercial loan and combined 15% seller financing with 80% mortgage, for an effective 5% down.One quick note, the comment of use hard money for the downpayment and then conventional financing for the rest - this won't work.
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22 October 2024 | 18 replies
Leveraging tax benefits like depreciation to scale your portfolio, combined with smart 1031 exchanges, helps you compound your investments.
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17 October 2024 | 1 reply
When you move to a single carrier, you lose that competitive element, which could lead to less aggressive pricing in the long run.
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17 October 2024 | 4 replies
They want the heating element to be inspected however we know it is working properly and the main heat/AC for their unit is the mini split, not the thermostat.
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18 October 2024 | 12 replies
I as as business major in college decided to start a business combining our skills.