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22 September 2024 | 5 replies
So, its hard to know what to believe from what they say. 2.
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30 September 2024 | 2 replies
Snowbirds stay for the winter months, so these are annually occurring midterm visitors.
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24 September 2024 | 1 reply
Some call the stock market a representation of human sentiment in real time, and I imagine the real estate market is not too different.
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23 September 2024 | 4 replies
Also the "West End" (nobody used to call it that but I think they do now), residential area east of 27th and south of State I imagine would be prime STR location too.Garden City is formerly the trashiest area of Boise, and very rapidly on its way to becoming one of the hippest.
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28 September 2024 | 9 replies
@Jackie Liu, unless there are so many screw holes that after filling them it would be better to repaint the whole room it isn't worth charging for.
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30 September 2024 | 1 reply
In my opinion, you want something that will protect you, but is also understandable for everyone signing.Keep in mind that at the end of the day, here in Illinois, the state is generally contractor-friendly in the court of law, so making sure you document everything clearly with payment will protect you against any potential mechanics liens.We have had several projects that did not go perfectly here in Chicago because we overpromised and didn't keep tight enough documentation.
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24 September 2024 | 3 replies
Many buyers hang out there.3) Consider cold calling or emailing agents who work with cash buyers or reach out to title companies→ they often have contacts.4) Promote your deals on social media platforms to get more eyes on them.Keep up the momentum and shoot me a message if you need any help refining your strategy!
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23 September 2024 | 16 replies
I won't be ready to buy an investment property for another year or so, so in the meantime, I'm practicing my researching skills as much as possible.Thanks,Chris
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30 September 2024 | 11 replies
This is not a "real estate rental income" activity as defined by the IRS, so whether you are a REP or not, you can take this benefit.All of this is separate from a QOZ Investment, which would require you to first recognize a capital gain from another source (say a stock sale), invest that gain, hold it in a Corporate or Partnership structure (likely partnership), meeting the substantial improvement qualifications of being a QOZB, and then yes, you get to avoid the depreciation recapture at the end of the 10 year hold period, at least for the portion of your investment attributable to the original gain that you invested in the project.
28 September 2024 | 8 replies
@Drew Sygit Thanks so much for the helpful information!