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27 March 2024 | 18 replies
So far this is a one and done deal but I initially want to make tax sale investment as my real estate strategy, but it seems a lot harder than I thought.
26 March 2024 | 10 replies
Rule violations aren't up for discussion or debate, and if there's no rules in their lease then you are just going to be seen as a PITA landlord while they are there, for good reason.My thoughts 🤔
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25 March 2024 | 6 replies
You may create a profitable real estate portfolio and work toward eventually managing your own syndicate by making thoughtful decisions and remaining committed to your objectives.Note that investing in real estate involves endurance, patience, and a readiness to absorb lessons from both achievements and mistakes.
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26 March 2024 | 0 replies
In this city dreams aren't merely notions—they are brought to life with a passion.Closing Thoughts; Embrace New OpportunitiesIn lifes tapestry Miamis real estate market shines as a vibrant strand that tells tales of resilience, progress and boundless potential.As we navigate through changing tides let us not shy away but welcome the chances that await us.In Miami every obstacle is seen as a chance to grow and every setback, as an opportunity for victory.So my fellow explorers, lets move forward with optimism in our hearts, determination in our minds and excitement for what tomorrow holds.
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26 March 2024 | 40 replies
I spoke to them one time about a cash out refinance, and they told me the proceeds had to be kept in an escrow account for me to use for more investing, which I thought was ridiculous, so I went with CNB Bank instead.
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26 March 2024 | 28 replies
I can tell you the majority thought this year was going to be a landslide victory in hopes of interest rates going down by March.On top of that, another big flaw I find is agents not knowing how to properly comp houses and run numbers.
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26 March 2024 | 9 replies
We had to get into the house quick and now, we don't like it and want to get another house.My thoughts are we should downsize a bit, maybe even get a new construction in a nice neighborhood for closer to $2500 a month.
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26 March 2024 | 15 replies
(The portion not allocated to land)I thought the new property would have 2 depreciation schedules. 1) Continuation of the original depreciation with $191k across remaining 17.5 year, ie $6.9k/yr. 2) $200k for add’l building cost spreads across 27.5 years, ie $7.27k/yr.
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25 March 2024 | 28 replies
This deal turned out to be a little more than everyone involved was prepared for but in the end the buyer got a great price on the 18 units.