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27 January 2025 | 6 replies
Regarding the location of the Qualified Intermediary (QI), it doesn't matter whether they are based in New Jersey, Florida, or elsewhere.
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24 January 2025 | 5 replies
Your primary residence - if you've lived in it for 2 out of the 5 years prior to selling you'll get the $250K/$500K tax free iike @Clint Galliano said.
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27 January 2025 | 6 replies
Despite only renting for two months, this tenant's aggressive behavior is creating a hostile living environment for other residents.Specific Issues:He complains about our lack of notice when entering the property during our own move, despite prior notification.He has moved items around the house without permission.His communication has been condescending and confrontational.He installed a surveillance camera in a common area, violating the lease agreement.He banged on the door because he couldn't use the smartlock code properly.Considered Actions:We plan to serve him with a notice to vacate.We are considering having a constable with us when we serve him the notice.Questions:Should we just give him warnings considering that his actions may not improve?
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25 January 2025 | 12 replies
The STR market was great a few years ago but now too sure now unless you have a great location.
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29 January 2025 | 9 replies
CCREIA just changed their meeting location to the UNCW Center for Innovation & Entrepreneurship 803 College Rd.
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27 January 2025 | 12 replies
Mail would go to the office or another location.
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30 January 2025 | 1 reply
The outcome was a beautifully furnished home in a prime location with a low mortgage that generates consistent cash flow.
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22 January 2025 | 3 replies
Otherwise its all about the classic location location location.
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27 January 2025 | 3 replies
Stay disciplined and avoid rushing into deals without thorough due diligence.Resources for InvestorsIf you’re new to investing in distressed properties or looking to expand your portfolio, consider leveraging resources like:Local Realtors: Realtors specializing in distressed properties can assist in locating off-market deals and navigating complex transactions.Community Forums: Attend a local investor meetup or join online forums for the Phoenix market.Educational Tools: Search out webinars, workshops, or courses on investing in distressed properties.Final ThoughtsThe distressed property market in Phoenix is creating some excellent potential for the right investors willing to go the extra mile necessary to take on strategic risks associated with this category of real estate.