11 January 2022 | 3 replies
So it's just another thing for you to pay for and maintain.
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11 January 2022 | 8 replies
I agree with what everyone has said.What I would also say is to make sure all your mechanical systems are well maintained.
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11 January 2022 | 2 replies
I have studied the property tax of the most recently developed new self-storage facilities in the area.
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10 January 2022 | 0 replies
One way to determine if your assets are eligible and to take the accelerated deduction is through the use of a cost segregation study.A cost segregation study allows you to reclassify personal property so that instead of depreciating it over 27.5 or 39 years with your building, you are able to depreciate it in 5-15 years.
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11 January 2022 | 8 replies
As long as you’re maintaining that as your primary residence, you should be fine.
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11 January 2022 | 22 replies
I am also studying to get my real estate salesperson license in Georgia.
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15 January 2022 | 17 replies
Most investors I know are looking for 15%+ in turnkey properties with low overhead, 20% + for low-to-medium overhead properties with minor effort, and 25% plus for properties that are expensive to maintain and may require significant effort to bring to market.
30 January 2022 | 2 replies
You maintain your rental income, and you have cash to go buy your next property.
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30 January 2022 | 0 replies
For those that might holler about liability protection: we have kept them leveraged with cash-outs, have a substantial umbrella policy in place, and very simply we just make sure we keep the properties maintained and are good operators with happy residents.We are now transitioning into a more commercial space and plan to roll out that LLC structure.