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1 March 2024 | 140 replies
Its completely hands-off (other than monitoring your account), very liquid, no additional expenses (like a leaking toilet, new roof, new flooring, etc.), and not deferred tax liability (which automaticlaly happens with a rentla).Oh, and you still get a step up in basis --- don't know why it keep being sold "as-if" real estate is the only asset that gets a step in basis on death...
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27 February 2024 | 21 replies
You still want to qualify just the same as Section 8 is just a source of additional income it does not classify a type of person or a type of property , I do multiple Section 8 deals a year.
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26 February 2024 | 2 replies
They’re less than 1/4 mile away from each other and Lowe’s has a great selection of in stock appliances and certain things that Home Depot doesn’t while my contractor gets a better discount on certain things from Home Depot.
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27 February 2024 | 3 replies
My cold caller identified this lead and I wanted to see if I could come up with a creative finance solution in addition to an all cash offer in order to give the seller options.Location: Fresno, CABuilt 20104bd, 2 bth, 1600 sqftARV= $415kTheir current asking price for an all cash offer= $390k Their mortgage balance ~120k, interest rate is 4.51%Roof is original (14 yo), HVAC is new (replaced last year), no other updates or major repairs that he's stating.Situation:The husband states his family of 7 has outgrown their current home.
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27 February 2024 | 3 replies
So, after Intel finishes its $20 Billion investment, there will be an additional $2.7 Billion paid to the employees every year after ($135,000 average salary x 20,000 predicted jobs).
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28 February 2024 | 7 replies
You have to keep in mind that there will be tax benefits and appreciation in addition to your cash flow.
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27 February 2024 | 13 replies
They have to cover their lodging , eating out , and travel time in addition to any other expenses .
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27 February 2024 | 11 replies
I factor any additional payouts (pet fee, early/late check out) as part of the gross revenue.
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26 February 2024 | 17 replies
@Sarah Kensinger Wayfair is great for finding options but if you do a reverse google image search you can often find where it actually ships from at a steep discount.
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27 February 2024 | 4 replies
The issue I find is that when I go to list my units, which are clean and moderately upgraded apartments in Little Havana and Allapattah I literally have 70 applicants in 24hrs via facebook marketplace or through the apartment rental platform my property management software interfaces with (like Apartments.com etc).So when I have 70 people lining up with first, last and deposit with no other middleman or agency impeding the process or requiring inspections or causing delays or requesting additional paperwork be filled out where is my incentive to go the section 8 route?