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18 January 2025 | 9 replies
I did a quick check in SLC and while I couldn't find a duplex at that price point and what I did find was pretty far out from downtown, but would something like this: https://www.realtor.com/realestateandhomes-detail/141-E-Nort... be of general interest?
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17 January 2025 | 8 replies
Meetup.com is pretty good, I'd check out here on BP and facebook as well.
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25 January 2025 | 24 replies
We have small earthquakes pretty much daily (many are imperceptible to us) but they take their toll on structures.
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27 January 2025 | 6 replies
I knew pretty quickly that he had built the systems and processes to succeed.
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23 January 2025 | 39 replies
But to start with MF that seems like a pretty heavy lift for these folks.Of course you can teach theory but then you have real estate reality..
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15 January 2025 | 15 replies
Quote from @Mary Peale: Quote from @Collin Hays: While trying to figure out a way to boost revenue is good, I think you are doing pretty darn well if you are short less than $1,000 per month in the first year (or two, or three).
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14 January 2025 | 2 replies
The tax advantages of buying/holding gas stations are pretty great.Many of the components of gas stations including pumps, tanks, external parking areas, and other equipment are classified as either 5 or 15 year property so you can bonus depreciate a lot of it (minus the land value) and get significant deductions in year 1.With the 2025 bonus depreciation rate at 40%, a $1 million gas station acquisition could still lead to $100K+ in year 1 deductions depending on the specifics of your deal.
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29 January 2025 | 31 replies
LENDBASE has the following feesConventional:1% origination fee$500 doc fee (est)Title Work TBDAppraisal $2000-$3000Environmental $0-$2000 (depending on search) Which all seem pretty normal, but FIRST they require you pay them up front $4,000.00 to start brokering loans, it’s their "non-refundable engagement fee.”Has anyone ever heard of this ever?
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24 January 2025 | 11 replies
Rent in this area is pretty good so I believe renting is the best option.
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12 January 2025 | 8 replies
I would imagine that the hotel marks up their rates to use airbnb a little to offset their service fees, so the net is pretty close to what you would expect.