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19 November 2024 | 23 replies
Maintenance and Repairs: Property managers have established relationships with contractors and vendors, ensuring timely and cost-effective maintenance and repairs.
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16 November 2024 | 3 replies
Work directly with on-site Construction Project Manager to insure project construction is per plans and specifications from start to finishProvide supervision of sub-contractors on project siteAssist to ensure construction activities move according to pre-determined scheduleCommunicate effectively with SubcontractorsDaily inspections and presence on project siteIdentify any project design and construction issues and bring to management team.Oversee and report progress of project against project plan scheduleCoordination with Construction Project Manager, all necessary work flow schedules and monitoring of same to insure all deadlines are metInform Management Team of work progress and of all significant matters relating to the projectDevelop strategies to promote efficient and cost-effective work practicesAbility to step into and perform duties on an existing under construction multi-family project.Recommendations will be required.Thank you,Anat
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18 November 2024 | 8 replies
It's important to understand the difference, and I'd recommend sticking with the REIT with depreciation advantages.The Tax Cut and Jobs Act (TCJA) includes a 199A deduction and applies to certain income from pass-through entities (including REIT dividends) and allows individuals to take the 20% deduction against REIT dividend distributions that yields an effective tax rate of 29.6% or 37% (80% for upper bracket filers).
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20 November 2024 | 22 replies
You do your best to purchase wisely, execute a pre-meditated and well researched strategy, and let the compounding effect of time take over. 10 years from now, the purchase price being 5% above or below current market value won't matter.
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18 November 2024 | 14 replies
Does anyone know of a effective list of contacts for REO and Asset Management companies?
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19 November 2024 | 6 replies
The key is marketing on a wide distribution of channels to get a billboard effect and attract those mid term renters.
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19 November 2024 | 111 replies
Everyone has the right to protect themselves and a gun may be the most effective method, particularly for smaller, weaker people.
19 November 2024 | 10 replies
I have responded to then usually with something to the effect of “please complete the prequalification application and then we can schedule a viewing.”
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17 November 2024 | 1 reply
This is particularly effective when paired with bonus depreciation provisions.This method not only helps reduce your tax liability but also enhances cash flow, making it a powerful tool for real estate investors looking to grow their portfolios.3.
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16 November 2024 | 6 replies
I tend to write off physical expenses to the building and do not write off expenses associated with personal effects.