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21 February 2025 | 0 replies
This allowed Nathan Ward to focus on deal execution without worrying about upfront costs or financing logistics, streamlining the transaction for a same-day sale.
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21 February 2025 | 4 replies
I have not personally tried the Wire feature though.I am an Accountant and use it and refer my clients to it as well, connect with me and I will look to see what the costs are to send a wire, they do allow free check and ACH payments if timing is not a factor.I had a client who used Titan, and as an Accountant I did not like it.
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10 February 2025 | 59 replies
So I would caution everyone to make sure the replacement cost for your improvements will realistically cover your actual replacement cost in the event of a total loss.
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11 February 2025 | 4 replies
Again, it depends on the borrower's priorities (time / energy / fees / opportunity cost of finding new deals / etc)4.
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16 February 2025 | 27 replies
It would just cost you the extra service fee + wire transfer fee.
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11 February 2025 | 7 replies
You would need an extremely high grossing property under market value on a something like a 5 year lease to profit, and you probably will not profit after startup costs until Year 2 or 3.Do not even think of trying it with 1/2 bedroom apartments or condos nor 2/3 bedroom homes.
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18 February 2025 | 9 replies
And the reality was I only put 20% down plus closing costs.
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17 February 2025 | 3 replies
//What is the rental market like in De Soto KS for renting property with a large home and pond//I am analyzing a deal on a property in De Soto KS. 20 + acres, newly renovated home, a pond, etc.Given the economy, De Soto KS location in relation to Kansas City, Lawrence, Lenexa, etc... does it seem likely that there are people who are willing to rent properties at a higher cost than something in the city?
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6 February 2025 | 10 replies
Meaning, if you take the money only, you would have depreciation recapture from your cost basis up to the original purchase price of the building (not including the land cost because it wasn't depreciable), plus a capital gain up to the insurance proceeds.Hope this makes sense.
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10 February 2025 | 11 replies
. - I've had multiple vacancies, including one where the tenant left after a year and cost me $6k in turn costs.