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13 January 2025 | 11 replies
Because I meet at the property and asked if he had any questions I caught it.
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7 February 2025 | 9 replies
They offer an all in one policy, and also had a great rate compared to the others.
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17 January 2025 | 21 replies
Short of coming here and meeting face to face with them and come to a couple local REIA events to discuss, for those who are remote I would suggest getting into some of the NE Ohio REIA facebook groups to get some advice from locals.
31 January 2025 | 6 replies
You'll pay a higher rate and may need to have more of your own money in the deal in case of unexpected repairs.
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6 February 2025 | 4 replies
It really helped us get a better interest rate on the property and typically allowed us to put 10-20% down since we were buying the home to be our primary residence.
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19 January 2025 | 0 replies
I am interested in utilizing space again for group meetings, workshops, and for clients who may still desire private space.
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6 February 2025 | 4 replies
.• Proven Systems & Oversight:Establishing robust systems for tracking leads, follow-ups, and conversion rates can provide a clear picture of what’s working—and where improvements are needed.I’ve been monitoring agencies like REVA Global and Steller Staff and know that many investors have seen success by using professionally managed teams.
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10 January 2025 | 17 replies
BRRRR is not a great strategy in the current market due to the mortgage rates so it's not as applicable as many think from reading older posts or books about how easy it is.
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20 January 2025 | 4 replies
JeffWe lead a couple investor meet up groups in person and live stream about the Central Ohio real estate market.
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31 January 2025 | 3 replies
In your case, changing the property from a rental to your primary residence constitutes a change in use.The depreciation recapture will be calculated based on the fair market value of the building at the time of conversion, not including the land value.Since you're tearing down the existing structure, the entire amount of depreciation taken over the past two years will likely be recaptured, as the building's value at conversion will effectively be zero.The recaptured amount will be taxed as ordinary income, up to a maximum rate of 25% for residential rental property (Section 1250 property).