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10 July 2024 | 12 replies
If the goal is psychological because you have too much debt to sleep well at night then sell some properties and use the proceeds to pay off the debt on your remaining properties; or better still obtain the services of either a psychologist who can get you over your uneasiness or seek out a financial advisor who can convince you of the difference between consumer debt “ bad” and investment/business debt “good”.
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9 July 2024 | 12 replies
no 50k for a new build is not enough. from someone who has been talking to capital partners for a year and breaking ground on 7 new builds within 60 days as well as talking to 8 hard money lenders at a time, 50k won't cut it
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8 July 2024 | 0 replies
An additional benefit of a detailed engineering-based Cost Segregation Study is that it can increase potential insurance premium savings as well as provides support for the property tax appeals process.Additionally, it can help maximize renovations and improvements.A Cost Segregation study is an IRS approved federal income tax tool that increases near term cash flow by utilizing shorter recovery periods for depreciation to accelerate return on investment.
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8 July 2024 | 6 replies
@Chris SeveneyThey did not support the wall correctly and i am going to get basement jacks as well as hire a structural engineer to asses and tell me the long term solution.As far as the sewer line repair, comps are around 250K, I am purcashing the house for 85K, i have budgeted 135K so far(without this repair) I have a total of 150K renovation budget.
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8 July 2024 | 14 replies
Marketing example - Avail is aligned with Realtor.com, I also used Zillow as well as Marketplace to list the property for rent because they provided more traffic.
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8 July 2024 | 9 replies
Usually the Veteran is using the "Change of Life" circumstance which means they are moving out of state, closer to work, school, or moving into a bigger home for increased family, out of a multifamily into a SFR, it also applies to retirees or disabilty if moving out of a larger home and into a smaller one due to up keep or mibility.Most VA loans have an assumption clause as well.
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8 July 2024 | 8 replies
The subject property has been on the market well over 120 days.
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8 July 2024 | 15 replies
I promise to provide their client with quality management services, which will reflect well on the agent that referred them3.
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8 July 2024 | 20 replies
I use it for my personal portfolio as well.
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8 July 2024 | 1 reply
I WANT to do this, but have little idea about how to structure it as well as being unsure about which attorney to connect with.