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29 April 2019 | 2 replies
My goal is to generate cashflow and accumulate more properties.Need some advice comparing these two investment opportunities and some opinions:Duplex: https://www.zillow.com/homedetails/2214-Thompson-D...Quadplex:https://www.zillow.com/homedetails/903-Windwood-Dr...Opinions?
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30 April 2019 | 9 replies
I don't have much experience in the syndication sphere, but if I were to compare to my guess on the makeup of the average REIA meetup:75% have never done a deal, even if they've been attending the meetups for years25% have done one or two deals5% have done more than 2 dealsSo just doing a few deals puts you at the top end of things, and there are generally just a few at each meetup who thoroughly know what they are doing.I'd imagine the multifamily sphere is much the same, since this breakdown seems to hold true in most industries (even outside of real estate).
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11 May 2019 | 8 replies
Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.
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29 April 2019 | 4 replies
The rents have doubled from 1993, market valued quadrupled, and compared to what I paid for it, sextupled from auction prices.OK, prices quadrupled, and rents doubled.
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30 April 2019 | 5 replies
Make sure your search criteria is not only within the same bed/bath counts but also be realistic about your property's condition and how it compares to the market price.
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29 April 2019 | 1 reply
To make this somewhat quantitative try to compare your expected returns with that of another asset class.
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29 April 2019 | 2 replies
I know its a different beast compared to residential.
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30 April 2019 | 85 replies
Even you calculate the depreciation expense by yourself, accountants usually calculate it by themselves to make sure that the numbers are correct as depreciation expense is one of the biggest and most important element of your tax filing for your real estate property.If you like to take a look at the actual IRS guidance, here is the link.
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4 May 2019 | 10 replies
All new homes have some green elements and most meet energy efficiency standards.
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11 October 2016 | 42 replies
Part of the reason why new builds are so expensive is due to the very high land costs we currently have here (high compared to 5 years ago).