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22 October 2024 | 2 replies
.--- Tactic 1: Branding and PR: Corcoran used media and public relations to build her brand and attract high-end clientele.--- Tactic 2: Niche Specialization: She focused on the New York market, becoming an expert in her area.--- Tactic 3: Empowering Agents: Corcoran built a strong team, providing them with the tools and support needed to excel, which in turn grew her business.These investors show that success in real estate often comes from a mix of strategic purchasing, market specialization, strong branding, and building robust teams.
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22 October 2024 | 12 replies
Have you looked at AirDna or another STR data tool to obtain expected ADR?
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25 October 2024 | 66 replies
The uninformed will fall victim for sure.Lenders of all types should require title insurance and also obtain Insured Closing Protection Letters -- the validity of which can be independently verified.
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24 October 2024 | 19 replies
It's easy to obtain, costs very little, and doesn't require additional, on-going effort to maintain.
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22 October 2024 | 15 replies
A story that does not clearly lay out the language of the contract, the dispute and both parties position (which is rarely if ever done) is only positioning for public support for one side to sell clicks or advertising.
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17 October 2024 | 5 replies
Just google Ohio Real Estate Convention and you should find it somewhere. 2) Some individuals are interested in passive real estate investing, but have little liquid cash, but significant savings in IRA and 401k accounts and are looking to diversify beyond just stocks, mutual funds, and other public market assets. 3) Always important to work with an attorney, title company, and or closing attorney as you work with a private lender.
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20 October 2024 | 3 replies
(in the publication process now) But I dont understand your question.
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22 October 2024 | 14 replies
If you are obtaining a hard money loan, the lender's familiarity with the market is what matters most.
17 October 2024 | 2 replies
.), the location, depth, and capacity of utilities to service the site - including public utilities (sanitary, storm and water services), franchised utilities (power, gas, cable), capacity of the local streets to accommodate additional traffic from your development...Be sure to find out if there are any specific local ordinances you need to satisfy (possible tree & wetland surveys, together with any necessary tree & landscape or wetland mitigation plans) and whether there are any concerns from municipal departments (e.g. hydrant locations from the fire department, storm inlet and retention requirements, as well as asphalt / concrete road requirements from the engineer), entrance requirements from the road commission (left turn and passing lanes at the site entrance), etc.Once you get past all this you can finally prepare a preliminary site plan and enter the political arena to get preliminary site plan approval, and to address any concessions the board and neighbors want from you to overcome their objections to your development.
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23 October 2024 | 19 replies
Hi there,Given the complexity of your situation—owning a rental property in Florida while residing in Illinois, house hacking with your daughter, and planning to claim tax breaks—it might be a good idea to consult with a Certified Public Accountant (CPA) or an Enrolled Agent (EA) who specializes in real estate taxation.While your current tax professional at HR Block has experience with multiple properties, a specialist can offer more in-depth knowledge on multi-state tax issues, rental income reporting, depreciation, and maximizing deductions specific to real estate investments.