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23 January 2025 | 5 replies
Given the latter costs, a corporation can be the best solution only if you buy multiple properties.
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21 February 2025 | 0 replies
Benefits of the ATI ExemptionThe ATI exemption offers several key benefits:Reduced Tax Burden: By lowering the assessed value, property owners can significantly reduce their property tax bills, freeing up resources for other investments or operational expenses.Encourages Investment: For real estate investors, the exemption makes South Carolina a more attractive market by reducing the tax impact of property acquisitions.Substantial Tax Savings: The reduction in taxable value can lead to considerable property tax savings over time.Multi-Year Benefit: The exemption can apply for up to five years after the sale (based on SC revaluation cycles).Wide Applicability: It’s available for various types of properties, including multi-family projects, commercial properties, and even vacant land for development.Who is Eligible for the ATI Exemption?
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10 February 2025 | 2 replies
If you're lucky enough to get a free and clear property where the seller is willing to finance, this reduces much of the risk associated with seller-finance.I would make sure the title is then moved over to your name, especially since there is not a risk of a due-on-sale clause being triggered.
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14 February 2025 | 3 replies
Feel free to message me (or text for faster response) if you have any questions or need assistance. :)
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15 February 2025 | 6 replies
If they want an MLS offer, they are free to make the repairs and list the property.So, the SubTo part, I am very, very experienced.
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13 February 2025 | 10 replies
For the high cost areas like Palo Alto it is difficult to get a property to cashflow out the gate because rents have not caught up with the cost.
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20 February 2025 | 1 reply
Have reserves for vacancies, repairs, and closing costs.
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8 February 2025 | 7 replies
This can be very expensive and is usually the worst choice because you can't justify the cost.2.
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10 February 2025 | 12 replies
Be conservative on your rehab budget, rehab timeline, holding costs, etc.
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7 February 2025 | 9 replies
What add cost should they expect?