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19 November 2024 | 3 replies
I don't think the market is a huge factor UNLESS its a SMALL/rural market where filling a vacancy could take longer because of low/inconsistent demand. 2.
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25 November 2024 | 18 replies
An ounce of prevention is worth a pound of cure. ...I've bought properties with bad sewer lines, but I KNEW what I was buying because of the scope, and I factored that in to my numbers and offer...without the scope, I would have no idea what I was buying, and I would've wound up with a significant unanticipated capex.We inspect every other part of a property before buying.
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22 November 2024 | 12 replies
LLC Fees, Travel, marketing, etc)You can deduct overhead costs in the year incurred.Costs related to the property are accumulated and factored in until the sale of the property.
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22 November 2024 | 6 replies
Focus on neighborhoods with strong rental demand and growth potential.Also, make sure your numbers work—factor in all costs, including rehab and holding expenses, to stay under 70% of ARV.
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22 November 2024 | 7 replies
By-right uses are much simpler since they don’t require additional government approval beyond standard permits.Development Standards: Once zoning is clear, factor in the regulations such as setbacks, parking requirements, density, and other local standards.
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28 November 2024 | 23 replies
There are several factors that could be affecting that, but definitely not an increase.
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23 November 2024 | 15 replies
They screen animals and give a FIDO score based on several risk factors.
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21 November 2024 | 3 replies
A 1031 exchange is a great way to indefinitely defer the tax and use it to grow your RE portfolio, and build long term wealth.The most important factor in a 1031 exchange is that your qualified intermediary must be in place prior to the closing of the sale of your old property.
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21 November 2024 | 4 replies
If you have a scenario that the area is being developed or other factors that indicate value should go up significantly in the future, it might also make sense to hold and refi your capital out.
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1 December 2024 | 68 replies
U get a few of these folks that are influencers and then you get the herd mentality..