16 September 2024 | 14 replies
I would recommend going to local real estate meet ups, and talking with investors who buy locally and out of state.
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8 September 2024 | 101 replies
After they left, we cleaned it up and posted on the Craigslist with 40% higher rent than previous tenant paid.
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17 September 2024 | 6 replies
You may face higher interest rates, shorter loan terms, or be required to put up more equity in the property.
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11 September 2024 | 7 replies
Your accountant uses the form 8824 to report the tax deferral and set up the new depreciation schedules.As to your other question...Dude.
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17 September 2024 | 2 replies
If that was true would they have not gone down substantially when rates went up?
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16 September 2024 | 5 replies
Redfin says its value could be 150-160k, but I doubt that’s accurate, unless the market heats up with lower interest rates.What factors should I consider?
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16 September 2024 | 0 replies
Economists note that job growth in typically underreported industries fell by 42,000 compared to the 6-month average, suggesting August’s numbers may understate actual gains.Key Employment GainsConstruction: +34,000 jobs, driven by heavy civil engineering and nonresidential trade contractors.Healthcare: +31,000 jobs, though slower than the past year's monthly average of 60,000.Social Assistance: +13,000 jobs, with more modest growth compared to previous months.Other growing sectors include financial activities, wholesale trade, and government (+24,000 jobs).Job Losses and Sector StrugglesManufacturing: -24,000 jobs.Retail: -11,100 jobs.Temporary help employment continues to shrink, reflecting business uncertainty.Wage and Fed Policy ImplicationsWages rose by 0.4% in August, up 3.8% year-over-year, supporting a cautious approach by the Federal Reserve on deeper rate cuts.
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10 September 2024 | 7 replies
Both of these providers have the ability to store docs and other info about your property.But if you're looking to simply track links to your mortgage servicer, utility providers, etc. a simple Google sheet should do the job.
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16 September 2024 | 6 replies
@Ronnie Lee which brokerage did you end up going with?
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16 September 2024 | 24 replies
I'd venture to guess that the break even point on that up front investment is going to be 2.5-3 years.