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5 September 2024 | 4 replies
I mean you could make offers and if you are in the market and they aren't you can always file complaints, (only legit ones) with the city, to keep it on their radar and make it a squeeky wheel for the current owner, but yeah i'm not really a fan of bailing out people in any industry who make mistakes, so by all means by the properties but not your or anyone else's problem that they made the errors they did.
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10 September 2024 | 34 replies
Some sellers only pull the POS after getting an offer so they don't get stuck with the repairs by the city if they don't end up selling, I'm not a huge fan of this but it does happen.
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4 September 2024 | 1 reply
Just curious, I’m a big magazine fan (physical copies).
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5 September 2024 | 2 replies
Contrast that to the bond market--the source of movement for all manner of interest rates--which frequently moves more than 8 times in any given second.In other words, the financial market is able to make its move well in advance of the Fed and that's a substantial part of the explanation for the drop in mortgage rates seen over the past year.
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4 September 2024 | 9 replies
STR can be tough with the law changes that are frequently happening.
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3 September 2024 | 4 replies
Every system you try will have flaws, or you may salivate over a feature that appears in other software.Some familiar names are mentioned frequently: Stessa, Apartments.com, RentRedi, TenantCloud, Innago, RentManager, Avail, Rentec Direct, Doorloop, etc.I recommend conducting thorough research on each app online to understand their offerings, pricing, etc.
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3 September 2024 | 1 reply
Purchase price: $163,400 Cash invested: $25,000 Sale price: $240,000A buy&flip project on a Single Family House10K - Flooring, Trims and baseboards8K - Interior Painting3k - Updated water heater, and gas permit2k - Other minor fix, ceiling fan, windows, light bulb, new fridge, and more2k - Holding cost, HOA, and other related utility feesTotal cost of repair - $25k
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3 September 2024 | 10 replies
Pete and visit my family up there frequently.
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9 September 2024 | 52 replies
Various HNW persons not a fan of the documentation prostate exam for financing, professional athlete's, those with small biz and really great at write-off's, all kinds of potential buyers.As the saying goes, do what you do best and hire the best, to do the rest.
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3 September 2024 | 0 replies
Here is a great article that walks through frequently asked questions on cost segregation studies: https://www.biggerpockets.com/forums/51/topics/1113749-cost-segregation-faqPartial Asset DispositionsA partial asset disposition allows real estate investors to write off the undepreciated value of building components that are replaced during renovations or those that are damaged/destroyed.