
24 June 2024 | 5 replies
for a 1 story or 2 story building not for a high rise or midrise. you can easily avoid by what floor you buy or build on in miami. suburban deals or on south beach sure but not in a city high rise development you won't be worrying

25 June 2024 | 125 replies
The absence of vacancy losses alone can easily more than make up for that. 2.)

25 June 2024 | 6 replies
@Jim L.Ask an agent - this is impossible for anyone to give you any type of legitimate response on this forum with information provided

25 June 2024 | 9 replies
You had previously provided me information about an attorney you recommended, I reached out on bigger pockets and have not heard back.

25 June 2024 | 2 replies
Here are some considerations for commercial real estate:Higher Income Potential: Commercial properties often generate higher rental income compared to residential properties, especially in prime locations.Longer Leases: Commercial leases tend to be longer (5-10 years or more), providing more stable cash flow and less frequent turnover.Tenant Diversity: Depending on the property type, you can diversify your tenant base, spreading risk across multiple businesses or corporations.Market Dynamics: Commercial real estate can be more sensitive to economic cycles and local market conditions, requiring a deeper understanding of business trends and tenant industries.Purchasing: Generally, commercial real estate will require 20% down.Choosing Between the Two:When deciding between commercial and residential real estate, consider these factors:Investment Goals: Are you looking for steady rental income, long-term appreciation, or both?

25 June 2024 | 1 reply
There isn't the same level of regulation or scrutiny as with residential lease options, which are subject to specific tenant protections.Flexibility: Lease options can provide flexibility for both parties.

26 June 2024 | 11 replies
(IRS provides tables to calculate the amount(s) based on your life expectancy each year.)

27 June 2024 | 11 replies
The thing about partnerships are they are never 50-50, but everyone has to pretend they are and both parties thinks they are the one providing 60%+ percent of the effort/results.

27 June 2024 | 26 replies
.- Frequency: You cannot have excluded the gain from the sale of another home in the two years before the sale of this property.For a duplex where you occupy one unit and rent out the other, the rules are slightly different:- Owner-Occupied Unit: The portion of the property you lived in qualifies for the exclusion, provided you meet the ownership and use test.- Rental Unit: The portion of the property that was rented out does not qualify for the full exclusion but can benefit from partial exclusion based on the proportion of time you lived in the property.

24 June 2024 | 21 replies
That profit margin is so small and could easily be wiped out with holding costs.