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31 October 2024 | 4 replies
The reality is that the tax impact and ability to take ANY losses (as Michael mentioned) is based on a number of factors that include whether or not it is a "separate dwelling unit".
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27 October 2024 | 7 replies
They should only call or knock on your door if there's a true emergency (life, flood, or blood type stuff).
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31 October 2024 | 9 replies
I seldom sell so I would keep the property even though the low LTV impacts the return.
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23 October 2024 | 5 replies
I already know that a change in zoning can directly impact the value of a property, but I'm looking for more than personal knowledge.BACKGROUND: I have a client involved in a zoning dispute with Planning and Zoning.The property was approved for commercial use 15 years ago, so the owner built some storage units on part of the land.
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30 October 2024 | 7 replies
It’s important to weigh how much that impacts your tenant base, especially if you’re planning to rent to families.
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27 October 2024 | 0 replies
I bought my first 2 flat in Chicago in 2022 a 203k fha renovation loan, moved in early 2024. March 2025 will be my 2 year mark. Most of the renovations we did were upstairs for the tenants unit (duplex up). Added a be...
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30 October 2024 | 16 replies
Here's some copy & paste advice we hope you find useful:----------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?
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31 October 2024 | 12 replies
Markets with balanced property prices and strong rental demand will be key.While rising prices and interest rates may impact cash flow, with careful deal analysis and a focus on areas with good appreciation potential, it's achievable.
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27 October 2024 | 24 replies
You can see their success stories here. https://10hourdeals.com/proof-2Before responding, I took the time to review your case to ensure we didn’t miss anything, and here’s what I found:1) You engaged in just 8% of the course training according to our CRM data, and your participation level directly impacts the results. 2) Most importantly, you were completely refunded on January 19, 2024.It's disheartening to hear that you weren't able to achieve the success you were aiming for.
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30 October 2024 | 11 replies
The shorter the prepayment term has an impact on increasing the rate.4.