What are your current goals or challenges in real estate?

Managing a property can be incredibly rewarding, but it does come with its fair share of challenges—especially with the recent shifts in Rhode Island legislation.In 2024 alone, 39 bills were introduced, and seven significant ones passed, including extended rental terms, mandatory fee disclosures, and other updates that every landlord should have on their radar.

There’s just not enough ADU supply (IN MY AREA) for appraisers to base off of.

Due to current market conditions and unforeseen financial challenges, we havedecided to temporarily suspend distribution payments.

Unfortunately, the end of 2024 has brought a string of financial challenges for my family, and I’m feeling the pressure.Two weeks ago, I was laid off from my job.

The more challenging stipulation is you would need to use it more than 50% of the time for business use (and you need to log the miles to document that).  

Such deductions could result in substantial refunds, providing critical financial support during a challenging time.Residents may also explore disaster loans or grants offered by the Small Business Administration (SBA) to cover damages or losses.

The infrastructure supplied by preREO including investment capital, legal support and loan servicing is also in place to make it as easy as possible for the local investor to capitalize on the real estate opportunities we are presenting.Thank you.

If you believe your property’s assessed value is too high, you have the right to challenge it.

They always make sure to have line(s) of credit to get them through challenging periods.