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30 October 2019 | 11 replies
But condo fees are the killer most are about $180 per month cutting into the rental profit.
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10 December 2019 | 28 replies
There are no short cuts!
1 July 2020 | 25 replies
And the TCJA resulted in some IRS updates on section 179 depreciation and bonus which allow potential full dedcution of a roof on the property all in 1 year https://www.irs.gov/newsroom/new-rules-and-limitations-for-depreciation-and-expensing-under-the-tax-cuts-and-jobs-actSo you just get to deduct the entire roof in 1 year, and follow the revenue code.
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10 November 2017 | 27 replies
Drop the hammer now and cut your losses as fast as possible or the bleeding will continue, otherwise hang on for a wild ride and it won't be fun.
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14 December 2017 | 77 replies
@Christopher Blanco,Looks like a nice fix job, though perhaps some corners were cut on the hardwood floors and in the basement.
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9 November 2017 | 3 replies
Hello BP,I am looking at a 6 unit in Chicago listed for 360k and am using sellers listing agent to represent me as a dual agent and she said that seller cut back her commission and wants me to pay a $2000 finders fee.I am confused because doesn't she get both sides of deal?
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7 August 2016 | 7 replies
If you are able to get a price reduction, know what one of your buyers was willing to buy the property at and come in below your buyer and make your cut. 1.
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16 December 2017 | 2 replies
I’ve lived in Kenosha my entire 28 years and am taking real estate agent classes this winter so I can cut out the middle man when investing.
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10 January 2018 | 14 replies
I don't think there is a clear cut answer as each has pros & cons.Both SFH or MFH have issues and typically MFH cash flow better.
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24 April 2019 | 62 replies
You want to move up the 80/20 leverage curve from technician to investor/entrepreneur.In Bridgeport, CT and New Jersey the investment is about 10% of rents collected which frees you from taking resident phone calls, coordinating maintenance, leasing vacancies, accounting P&L's, conducting inspections and making property payments.Owners often times suffer from "death by 100 cuts" when having to handle all of these small items, missing opportunities to achieve bigger goals.