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7 August 2024 | 2 replies
3 of my faves when I was active for entity structure, contracts and landlord-tenant have retired but Ryan Feeney of Overcast Law was very good with landlord-tenant matters.
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6 August 2024 | 4 replies
We went under contract on our first investment property (had never even bought a personal residence yet) just a couple weeks later.
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6 August 2024 | 13 replies
I get where you're coming from with the concern about the new casino's impact on short-term rentals (STR).
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7 August 2024 | 2 replies
Property contracted for $300K and recent appraisal came in about $50k under that based on limited comps in the area.
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10 August 2024 | 13 replies
The short version is do lots of research and buy Class A or B (you won't cash flow at 7% rates on LTR, unless you do MTR, STR or some creative strategy).
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8 August 2024 | 7 replies
Commercial real estate loans have different requirements and terms, such as shorter terms and longer amortization periods.
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6 August 2024 | 15 replies
We have a short application process and close quick.
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6 August 2024 | 3 replies
Self contract 1-2 new builds with equity?
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6 August 2024 | 17 replies
I haven't done any subto deals, but I've completed 11 transactions within the mentorship and have 2 more under contract for purchase.
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8 August 2024 | 11 replies
They are often classified as operating expenses or maintenance expenses rather than capital improvements (assets).Washer/Dryer/Stove/Refrigerator: These are assets as they are considered durable goods that will benefit the property over an extended period.New Baseboards/Trim, Doors: These are generally considered assets because they enhance the property's value and are not typically replaced frequently.Furnace/AC: These are significant components of the property and are categorized as assets due to their long-term benefit.Paint, Light Fixtures: These can be a bit nuanced.