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15 November 2024 | 8 replies
However, many wholesalers are now buying and listing the properties where they don't physically live.The most important thing you have to know is whether they own the property.
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4 November 2024 | 3 replies
Surround yourself with professionals we’ve mentioned, like title company representatives, and ensure they consistently deliver results.
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12 November 2024 | 171 replies
Having the leverage on the property increases the amount of property you can use for depreciation.
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16 November 2024 | 9 replies
Do you think this will impact my ability to rent the property?
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8 November 2024 | 31 replies
While attempting to rent out a newly purchased five bedroom property, my property manager was approached by a Sober Living company looking to rent out our property.
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17 November 2024 | 0 replies
2️⃣ Property Tax Deduction: Claim up to $10K for state & local taxes.3️⃣ Capital Gains Exclusion: Sell your home?
15 November 2024 | 4 replies
Here’s the quick-and-dirty lowdown to get you started:1️⃣ Where to Look:LoopNet & Crexi: Good for commercial deals, though the best ones go fast.MLS (Multiple Listing Service): Access through a realtor for hidden gems.Auction Sites: Think Auction.com or HUD homes for distressed properties.Direct Mail Campaigns: Target landlords with older properties (especially those with code violations).2️⃣ Systems for Finding Deals (Step-by-Step):Set Your Criteria: Market, budget, unit count, rehab level.Build a Deal Funnel: Use LoopNet, Crexi, wholesalers, auctions, and brokers.Analyze Quickly: Use a property calculator to see if it cash flows.Direct Outreach: Contact sellers or property managers directly.Get Your Network Tight: Property managers, realtors, contractors—they’ll drop the best leads.3️⃣ What Makes a Good Deal:Cash Flow Positive from Day 1.Below Market Value (usually needs rehab).Upside Potential: Think rent increases, better management, or refinancing options.4️⃣ How to Become the Better/Best:Study the Market Like a Hawk.
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15 November 2024 | 7 replies
We are looking to close on a property towards the end of this year or at the start of 2025.
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4 November 2024 | 1 reply
Historical data shows housing prices have averaged 4.84% growth during election years since 1987, but the specific policies of each candidate could significantly influence future market dynamics.Vice President Harris will likely focus on supply-side solutions, representing a continuation of Biden administration policies, emphasizes affordable housing expansion through several key initiatives:1.
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4 November 2024 | 10 replies
Then I'll go video as many properties as they are interested in, send them comps for rental rates, ARV, and estimates for rehab.