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10 June 2024 | 15 replies
I wouldn't rely on information here as we haven't seen your building nor understand your bigger goals but this is not something I ever recommend my clients to do....even if they have a few deals under their belt.
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10 June 2024 | 3 replies
By putting 10% down I probably will be less than breaking even every month ((like an extra $800-900 per month at very low/conservative rent prices) with the building fully tenanted (as is condition not counting value add with renovations).
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10 June 2024 | 25 replies
You really want a rookie putting a waterproof seal on the top of a building?
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9 June 2024 | 2 replies
Building dept. for Unincorporated Arapahoe County is apparently overwhelmed and understaffed.
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10 June 2024 | 0 replies
Personally, even with interest rate uncertainty and election year hysteria, I am building a stronger and stronger conviction around the fact that I need to get a little more aggressive in acquiring more income properties.
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7 June 2024 | 4 replies
House hacking, especially in a high-demand area like the Portland metro area, can be an excellent strategy for building wealth and creating passive income.
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9 June 2024 | 2 replies
For example, if you are told, "we can refinance you for up to 75% LTV" to realistically expect approximately 5% less until you have experience and establish a relationship with your lenders. 2.)
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11 June 2024 | 11 replies
I will have one apt from time to time with a Section 8 person but I would never operate a Section 8 building.
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8 June 2024 | 1 reply
You can spend more time reviewing the details in IRS Pub 946, How To Depreciate Property....This post does not create a CPA-client relationship.