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2 September 2021 | 5 replies
That's improves your overall cash flow by paying less for your own housing.
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1 September 2021 | 1 reply
You partner with someone when they bring something to the table that will make your business improve exponentially.
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1 September 2021 | 1 reply
I would possibly have made a better decision on what improvements to make if I had sought their help during the rehab process.
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1 September 2021 | 1 reply
Here's what I've got: Purchase price: 85K, down payment: 16K (don't want to buy the property outright at this time), income: 1000, total expenses: $680, cash flow: $320, CoC ROI: 20.12%, NOI: 8,148The house doesn't need any major improvements at the moment, and I was considering once the tenants leases are up in 2022 then I might consider making some improvements.
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2 September 2021 | 6 replies
I don't want to say you need to provide your tenants with clean units because many tenants are pigs.If you can't get your rents increase to at least $700 per unit then even though you paid a very low price for the property I still think you purchase a dog because the problem with low rents is when you need to do improvements you don't have enough money coming in.Example.
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14 December 2021 | 1 reply
There's been a lot of commercial development (new chain restaurants and strip mall improvements), but it still has some rough blocks.
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10 September 2021 | 8 replies
The taxpayer or a disqualified person may manage the property, supervise improvement of the property, act as a contractor, or otherwise provide services to the EAT with respect to the property.f.
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2 September 2021 | 3 replies
I have made a number of capital project improvements including insulating the entire building, renovating one unit, and installing two new water heaters.
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3 October 2021 | 3 replies
In both cases, generally, most of the cost would be capitalized as either inventories or building/improvements, so you wouldn't need multiple COA.
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11 October 2021 | 14 replies
Having the option to borrow 500K instead of 400K will improve the number of potential investments which would be helpful in this competitive market.