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23 February 2024 | 9 replies
I encourage you to get involved, ask questions, be open to feedback, and allow other seasoned investors to help guide you along your journey of Real Estate Investing.Best of Luck!
23 February 2024 | 65 replies
Typically, a cost segregation study identifies and reclassifies certain assets to shorter depreciation periods, allowing for accelerated depreciation deductions and increased tax savings.As a rough estimate, the tax savings from a cost segregation study can range from 15% to 30% of the reclassified property value.
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23 February 2024 | 18 replies
This only makes sense if you are in a rapidly appreciating market or location allowing you to refinance, or HELOC, getting more cash out in a reasonable period of time.
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23 February 2024 | 25 replies
This also allows you to buy life insurance at your early age in better health than you will likely be in the future.
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22 February 2024 | 13 replies
However FHA will allow you to add what's called non-traditional credit, and normally if you have 3 or 4 different creditors added you can qualify.
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23 February 2024 | 25 replies
Assuming the technology advances to the point that it is considered similar quality to traditional builds and delivers huge reductions in final cost, the real question is - with trillions in market value and trillions in loans outstanding, will "they" allow 3-D printing that is so widespread that it crashes the market?
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23 February 2024 | 24 replies
Hi Joe, If you have access to your excellent review history, but it's not posted, you could create some sort of repository (landing page, etc.) and link it to your current listing (based on what the website allows).
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22 February 2024 | 8 replies
you will want Handyman insurance, and as @Glen Morrow stated, you will not be allowed to pull permits, per state law, you would need a contractors license to pull permits, and technically to do work on a 1-2 family dwelling. to get the license you need to complete a 12 hour training, and pass a test, and have appropriate insurance, Quite expensive insurance at that.
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22 February 2024 | 19 replies
PadSplit doesn't allow cross-posting with Airbnb.
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23 February 2024 | 4 replies
I understand that navigating the minimum loan amount restrictions can be tricky, but Chase is known to offer financing solutions that could potentially accommodate lower loan amounts, possibly even down to $50k, which might align well with your investment goals and the price range you're interested in.If you haven't already, reaching out to Chase could provide you with some additional flexibility in your property search, allowing you to stay within your desired price range and maximize your monthly cash flow from the investment.