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7 April 2021 | 17 replies
Keep finishes neutral and choose mid-grade to appeal to more buyers.Best of luck!
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4 April 2021 | 1 reply
The eviction process started May 2020 and after multiple continuances and an appeal to the Circuit Court from the General District Court, which he ultimately lost, the sheriff finally did the eviction last month.
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29 July 2021 | 42 replies
However, two Appeals Court decisions say you can allocate mortgage interest and property taxes differently, by treating actual rental occupancy days as rental days and all other days — including days of vacancy — as personal days.Before the TCJA, the Appeals Court method was often more beneficial because (1) it allocates more mortgage interest and property taxes to Schedule A (where you could usually fully write off these expenses as allowable itemized deductions under prior law) and (2) it allocates less mortgage interest and property taxes to Schedule E, which usually allowed you to currently deduct more of the other expenses allocable to rental usage (property insurance, utilities, etc.) on Schedule E when applying the rental income limitation.But after the TCJA changes, some vacation-home owners may benefit from using the IRS-approved method instead of the Appeals Court method.
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5 April 2021 | 3 replies
MattHi Matthew, To give you some perspective New Jersey is 8,729 sq. miles, and the Dallas-Ft Worth MMA is 9,286 sq. miles and is home to around 8 million people.It is made up of 11 counties some crime filled, some more expensive.A better way to think about this might be to narrow your thinking a bit, and research the counties to figure out which ones offer you the best fit for your particular investing profile, then take a trip there for a couple of weeks and just drive the place (Texas is NOT New Jersey).For me, the visuals in this video pretty much sum up Dallas (in a very broad sense): https://www.youtube.com/watch?
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5 April 2021 | 3 replies
I encourage everyone to think outside the box and visualize where you can make sacrifices to achieve a REI goals.
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22 June 2021 | 7 replies
> It was a property that I won at auction (took two years to close due to the owner filing an appeal days before the auction) > Came owner occupied.
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7 April 2021 | 13 replies
Are you getting any feedback from Sellers at all (i.e. counter offers) and if so what about your offers aren't appealing to them?
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7 April 2021 | 62 replies
So, calling them today saying you'd like them to be a part of your "team" led by a "newbie" investor with a non-existent property isn't appealing.
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30 April 2021 | 13 replies
It's something I have a knack for seeing and visualizing when looking at floor plans.
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20 April 2021 | 14 replies
Again this might be tough in an inflated market, but if you can factor in some equity into a property when looking at it, they become more appealing to you.