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28 October 2024 | 8 replies
While Denton is a solid market with steady demand from students, don't hesitate to explore other areas within DFW for potential deals.Financing Options:Conventional Mortgage: Since you have a good credit score and zero debt, you're well-positioned to keep going with traditional mortgages.
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28 October 2024 | 4 replies
If not, there could be numerous chains of the contract which can convolute things.
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5 November 2024 | 12 replies
Back then, I het a class B property for $90,000 that rented for 1k/month and my ou might be looking at $120,000 to $130,000 for the same house.
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5 November 2024 | 0 replies
To determine if the expense should be classified as a capital improvement or a deductible repair, the context of the expense is very important.An example is, if an item of expenditure is part of a general plan of modernization, renovation or rehabilitation to equipment or other business property, it typically must be capitalized even though on its own it would be currently deductible.According to IRS Code, expenses that you must capitalize are those that:Materially increase valueSubstantially prolong useful life (including replacement of deteriorating assets)Adapt the property to a new or different useHowever, you are allowed to deduct expenses and fees for routine maintenance and repairs that help keep the property in efficient operating condition.
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28 October 2024 | 5 replies
If there are opportunities for collaboration or sharing industry insights, I would be delighted to explore them further.
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7 November 2024 | 6 replies
Would love to connect, both DSCR and Hard Money are great investor-friendly common loans.That would be great!
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28 October 2024 | 14 replies
We may be able to get a attached rental with suite in Calgary or a detached rental in Edmonton.
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22 October 2024 | 7 replies
Hi everyone, I’m Anthony and just getting started in learning to invest in real estate. Would love to connect. Thanks
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5 November 2024 | 2 replies
If so, would you be willing to share the terms and how it worked out for all parties involved?
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28 October 2024 | 15 replies
It should be broken down by phase and/or service. $90k may be a bit high but don't expect to pay $10k.