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13 December 2024 | 32 replies
Instead, I just decided to head in "that direction" and figured I'd get to the destination eventually.
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20 December 2024 | 20 replies
I wish I had known this was possible 20 years ago, but learned of it when I joined the industry 11 years ago.
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15 December 2024 | 18 replies
Would my previous industry experience (property management, acquisitions, asset management, Realtor) improve my chances of qualifying for a DSCR loan?
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16 December 2024 | 2 replies
These are the different properties that are included in the 1031 exchange requirement: commercial buildings such as offices, schools and different establishments that are important for the population, as well as single family rentals, multi family rentals, industrial facilities, and even raw lands are included in the like-kind.
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13 December 2024 | 4 replies
Agree 100%, trust and transparency are what set professionals apart in this industry.
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16 December 2024 | 5 replies
Real estate is a very capital intensive industry and if you do not have the money the odds of success are very low - it is no different than starting any other business - how many people do you know are successful when they start with zero?
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11 December 2024 | 2 replies
Some examples of properties with high asset reclassification include medical clinics and hospitals with technical machinery and labs, grocery stores with machinery, shopping centers with rainwater drainage systems and large parking areas, industrial manufacturing facilities with advanced equipment, apartment buildings in suburban areas with swimming pools, golf courses, tennis courts and large parking areas for tenants.Here’s a list of the average amount of assets that can be reclassified into shorter asset life classes based upon the type of property.
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15 December 2024 | 25 replies
I have been using Quickbooks online for years and love that it's the industry standard and robust software.
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24 December 2024 | 44 replies
Where these numbers are found, there is a very high rate of rent actually being paid.We have over a dozen Fortune 500 companies just in Metro Detroit with huge Healthcare, Auto, and mortgage industry National footprints.
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16 December 2024 | 12 replies
Say you got a neighborhood in suburban Georgia with a certain type of industry in the area, well, okay, cool, but you're gonna have a 24-year old recent Berkley graduate still living with their parents to manage the property!