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20 August 2024 | 32 replies
Especially with cost segregation and bonus depreciation, it can make a HUGE difference in your calculations.
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24 August 2024 | 6 replies
If your tenant demands they work outside of those hours, then they have to pay the extra cost the contractor may charge for after-hours work (typically 50% more).I recommend you take control of the situation.
20 August 2024 | 2 replies
Estimated total cost of rehab is between 100k and 150k.
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22 August 2024 | 12 replies
AirDNA states: “Average yield is calculated by dividing the average annual revenue potential of short-term rentals in proximity to the national park by their average home prices obtained from Zillow.
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22 August 2024 | 5 replies
I have 2 offers from lenders:1. from private lender which allows me to buydown interest rate (I can do 1-1 buydown) and rest money will be used towards closing cost (19k - 13k). where closing cost is 13k.2. from chase bank which allows me to use seller's credit towards closing cost and rest can go towards principal reduction.
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24 August 2024 | 4 replies
If someone was willing to out them on a website, then they'd be on the MLS.To find them, it's going to cost money one way or the other.
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23 August 2024 | 17 replies
That is the only unit that is probably true market value.We considered flipping the building and have some offers - but they want at least one unit empty.In reality - we would like to keep the building as it has great rent roll potential- but we need to contest these leases.Any advice?
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22 August 2024 | 1 reply
This means that to benefit from the separation between my personal assets and the company’s assets, I need to establish the LLC in New York State.However, I’ve found that the start-up costs and procedures for opening an LLC in New York State are significantly higher and more complex compared to other states (such as the requirement to advertise in several newspapers for an extended period).
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20 August 2024 | 4 replies
I knew the sale side would have good homeowner or Airbnb potential with the location.
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20 August 2024 | 8 replies
Also I believe it’s priced lower due to the area, I’m not going to be living there so it doesn’t really matter I just think with potential rental income it might be worth it because I wouldn’t be getting a mortgage but buying out all cash.