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16 November 2024 | 17 replies
Don't give names or addresses, but simply ask hypothetically.
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14 November 2024 | 1 reply
I’ve heard from some investors that are perfectly okay with simply breaking even on rental properties in the current market, but I’ve never had the risk tolerance for that.
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14 November 2024 | 5 replies
I've learned over the years that real estate investment is simply a math problem.
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19 November 2024 | 26 replies
In your case, I would simply point out that they forgot to give a value for that space.
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13 November 2024 | 2 replies
Imagine you bought a property for $2M.The land (excluding any structures) is valued at $400K.Since land is not depreciable in the eyes of the IRS, we subtract the land value from your purchase price to get your depreciable basis.Your depreciable basis is simply where a cost seg engineer starts from when allocating your eligible assets into either 5, 7, or 15 year property.In the scenario above, your starting basis would be $1.6M since your basis = your purchase price - the land value.Having an accurate land value is essential to getting your depreciation/bonus depreciation calculations right.This is the starting point for any cost seg study that you do.
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13 November 2024 | 2 replies
I've had some early success but thought I would put it out there:So simply put...
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14 November 2024 | 7 replies
They may want to extend for a year after the 6 months at a discounted LTR rate or it is simply a transition place while they look to buy, etc
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15 November 2024 | 25 replies
Right now, the technology is not yet suitable for small projects, simply because the transactional costs are way too high and there's no secondary market.
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13 November 2024 | 0 replies
We learned that some properties simply require strong market insights and timing rather than major renovations to achieve a solid profit.
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17 November 2024 | 18 replies
When you are investor friendly it means you understand the metrics of the buyers property search.I have seen so many agents get comfortable and simply add their new buyers to the "Hot Sheet" and they blast the buyers with properties that do not even fit the buyers cash flow needs or budget.