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30 November 2024 | 14 replies
If Chick Fil A wanted to go on the site but pay 6k less a year those usually sell for 4 CAPS.
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20 November 2024 | 8 replies
Once you have them served and file the papers with the court, the court will assign a First Tier Hearing - basically a mediation session where hopefully you are able to work out a move out date certain (with the tenant paying use and occupancy).
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25 November 2024 | 12 replies
As an accredited investor you have access to hundreds of new potential syndications every month (and crowdfunding deals which are the same thing except are allowed to market on the Internet).You may want to start off on a site like CrowdStreet or FinResi , where you can view the variety ( different types of asset classes, strategies, stances) and start to come up with your own method for looking at deals (which matches your unique, personal risk tolerance, financial situation and financial goals).Thanks Ian.
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24 November 2024 | 5 replies
Mixed-use continuation is best served if you have foot traffic there or if there may be local business who could use a storefront and there aren't a ton of other similar mixed-use options near by.If I was choosing, I like mixed-use better because it gives you a diversified investment inside of one investment.
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22 November 2024 | 4 replies
That's where you'll really find your "tribe".Happy hunting, would love to hear more about the local market dynamics you are serving.
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26 November 2024 | 2 replies
Someone I know bought a ranch to use as a short term rental property in 2021 for $1.7 million.Engineers did a virtual site visit, they were able to assign a value of $347,000 to either 5-7-15 year assets that were eligible for depreciation.In 2021, the bonus depreciation amount that you could take was 100%.This means that the owner could immediately deduct the full amount of eligible property in the year it was placed in service, rather than depreciating it over time.With that in mind, he took the full $347K deduction in his FIRST YEAR of ownership to offset taxable income from rentals.This was roughly ~20% of his purchase price.It was a big win for him.In 2024, the bonus depreciation rate is 60% so the calculation would be different.That said, you can still save and defer a ton.
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20 November 2024 | 8 replies
So I am not sure of what purpose using the registered agent served as all the information would be made available?
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28 November 2024 | 184 replies
Trofimoff et alall of the information is from Pacermonitor, a site for court information.