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4 August 2021 | 5 replies
I think most people don't understand that our system is called capitalism, and not "employee-ism" for a reason!
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30 July 2021 | 4 replies
Be sure to get your own estimate for the repairs, comp the property yourself using a system with real numbers.
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28 July 2021 | 17 replies
You can also consider other ideas like buying a high quality air filtration system or suggesting to the tenant that he consume edibles instead of smoking it.
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27 July 2021 | 0 replies
Without a cost segregation study, you would depreciate the $12M over a 39 year period, $307,692 per year.Within this office building, you have assets such as paved parking, specialty electrical, finishes, carpeting, landscaping, sidewalks, office furniture, electrical systems, plumbing systems, etc.
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28 July 2021 | 3 replies
Also research the water system if you are supplying water from a well.
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5 August 2021 | 15 replies
This is because professional investors and corporations know how to be profitable within the system.
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19 August 2021 | 3 replies
Does this soley depend on the state of the property or has someone developed a system to estimate what additional cash they would need per value of home?
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20 August 2021 | 3 replies
Hi BP family,My name is David Gbamele I live in Greensboro NC and work as an Engineer at CISCO Systems in Research Triangle Park also known as RTP.I've been learning about multifamily for a couple of months now and I am very excited and ready to jump into a deal.I enjoy learning and I work hard and will not waste your time.I would love to take someone out to lunch, dinner, or coffee whatever it takes to get some golden knowledge.If I can add any value to your future goals please let me know.THank you for reading Thank you for reading
23 August 2021 | 29 replies
The special economic districts in the city-tier system means that there can be no economic opportunities in the countryside.
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19 August 2021 | 5 replies
Here's why:Let's say I sign a tenant to a one-year lease, and 3 months in, their personal/professional situation changes, and they break their lease and move out after a 30-day notice (or maybe less).I am required, by law in most areas, to "mitigate my loss" by remarketing the unit, making it rent-ready, and starting up my lead generation machine to get applicants, funnel them into my screening system, identifying good candidates and ultimately leasing them up.