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25 March 2024 | 35 replies
The understanding going in is that you will be making A LOT of offers so get your affairs in order.I was initially drawn to the program because of the reduced marketing expenses: it's basically free to submit offers on listed properties.
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26 March 2024 | 5 replies
Stessa's accounting is great and their interface is user friendly, including their app!
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27 March 2024 | 3 replies
Pay close attention to learning about various investing tactics, including wholesaling, fix and flips, rental properties, and home hacking.
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24 March 2024 | 4 replies
Today Buyers will need to be more savvy which they should be making the biggest investment in their life.They can source online information but realize now when they go shopping they are gonna have to pay for it out of pocket.This will 100% reduce the number of agents out there which is not a bad thing, and it will be very good for those agents who are good at what they do.
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25 March 2024 | 9 replies
So MY idea is to buy now before prices could go up and then refinance at a lower rate if they reduce significantly (which I don't expect them to reduce significantly (-2%) anytime soon.
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26 March 2024 | 4 replies
Typically in a substantial loss, the lease is terminated automatically, the insurance covers your loss and the tenant is on their own for their losses including loss of housing.
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26 March 2024 | 12 replies
Outdoor space, including parking, living areas, and potential expansion, can enhance the property's appeal.Location should be considered, as properties closer to tourist attractions may command higher rental rates but may also come with higher purchase prices.
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26 March 2024 | 28 replies
.- Compare to 2010, there're more agent:home sale ratio at 2024 compare to 2010- while the number of homes being sold is reduced heavily from 2020, number of agent increases from 2019- now the cake is even smaller due to NAR lawsuit- investors are also buying less
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25 March 2024 | 1 reply
The flooring costs came out to $6000 total ($500/month) which effectively reduced their monthly payment to $1000/month.
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25 March 2024 | 0 replies
Thanks to the Cost Segregation Study, the property investors were able to reclassify the property into the following categories to accelerate the depreciation:The use of the accelerated depreciation strategy helps real estate investors to reduce the tax liability immediately which therefore increases their bottom line due to the offsetting of income.