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13 November 2024 | 34 replies
But I told him I didn't think that was true.
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8 November 2024 | 3 replies
Hi Mary,It is true the lender will not usually give you the rehab funds in advance, but this does not mean that you must complete all of the rehab out of pocket.
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12 November 2024 | 11 replies
The same is true of seller financed transactions.
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11 November 2024 | 8 replies
If this Cap is allowed to expire, I would think that there will be a rush to take advantage of it.That should increase demand for higher priced Homes because the Standard Deduction gets reduced significantly AND you can go way above the Standard Deduction by Itemizing the SALT Deductions.If your comps are Single Family Homes and/or small Multi-Family that can convert to an Owner Occupied (think BRRRR here), it is well should rise in value as the Federal Tax deduction lowers the monthly payments for every homeowner with a large Mortgage that also pays State and Local Taxes. too funny I had not thought of the Salt deductions in years and today it popped into my mind then you post this.. very true for high priced markets this will be a huge bene
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8 November 2024 | 2 replies
NSPIRE inspections will more accurately reflect the true physical conditions of properties and ensure that property owners adopt sound maintenance practices to eliminate health and safety hazards that may pose a threat to residents.
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13 November 2024 | 13 replies
Everyone is always interested until you actually have to do it, this is true with everything.
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7 November 2024 | 8 replies
I can run the numbers for NOI-depreciation and this holds true, but not all of the operating expenses are deductible (or at least maintenance, vacancy and cap ex aren’t until that money is spent).
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11 November 2024 | 19 replies
If that's true, then once someone has the login they can use that login to buy movies, PPV, upgrade to 4k, NFL Ticket, etc...
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9 November 2024 | 6 replies
It’s true that it’s harder to find properties that will cash flow once you move out in higher cost of living areas, but overall returns make that a moot point in my opinion because appreciation is also much higher in these better locations.