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11 December 2024 | 37 replies
I agree they had communication issues during a transition period that we dealt with, but things have improved from last year.
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15 December 2024 | 14 replies
You can refinance sooner than that but you'll need to paper trail all of the improvement costs that lead to the increase in value.
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17 December 2024 | 17 replies
We are also working on export to Word doc functionality for the SOW which will allow you to export the SOW to Word so you can make additional customizations.I'm a bit of a perfectionist and still want to improve the functionality of some of our tools before we start charging for the software, but I think we will likely be ready to officially launch sometime in April.
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17 December 2024 | 86 replies
Learn to outperform the market by looking at property entry values and resale values based on improvement.
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19 December 2024 | 82 replies
•Target a property in the $800K–$1M range to maximize leverage while keeping costs manageable.2.Open a Second LLC:•Create a new LLC for this property acquisition to separate liabilities and maintain a clean structure.3.Assign Funds & Organize Finances:•Allocate funds to property improvements, marketing for new deals, and reserves for emergencies.
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10 December 2024 | 0 replies
After some minor maintenance projects and improvements, have had very few issues and cashflow has been slightly better than expected.
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11 December 2024 | 7 replies
Also, you are not buying at a premium and can allow the property to appreciate if that said area is historically improving.
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9 December 2024 | 2 replies
Quick tips…✅ Everyday Homeowners - track all home improvements as you could qualify for energy efficiency home improvement credit - new exterior windows, new central A/C, new hot water heater, new insulation material.✅ Investors - Keep detailed records of ALL rental property expenses to reduce your taxable income - helping your CPA spot additional tax saving opportunities.Imperative to use a CPA who is well versed in Real Estate tax code.My CPA is just that - DM me to get his contact information....
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11 December 2024 | 1 reply
Investing in curb appeal, such as landscaping improvements, can make a significant difference.
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13 December 2024 | 15 replies
I wonder if rent control laws will be easing anytime soon in this city - other than capping rent prices, I don't think they do anything to help improve the quality of rentals.