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4 July 2024 | 3 replies
If the trust mentions the real property, but you never actually transferred ownership of it into the trust, likely the trust terms don't govern it yet.
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3 July 2024 | 3 replies
The beach houses in this area are expensive, and may not be the best investment in terms of rental income, but we would really enjoy going there when it's not being rented out.
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3 July 2024 | 0 replies
I quickly learned that just because I signed a term sheet doesn't mean it's set in stone.
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3 July 2024 | 2 replies
Here’s an example of bonus depreciation.One way that you can still benefit from a cost segregation study is by utilizing the Short-Term-Rental (STR) strategy on your property.
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3 July 2024 | 55 replies
New York City is an excellent market to invest in - but you need to manage your risks accordingly and have a long-term focus.
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2 July 2024 | 19 replies
😀So I speak with some actual first hand investing experience.It’s is never as good as some think and it is never as bad as some think.While some big name syndicators have crashed and burned, the truth is this only represents a small share of the market.The overwhelming number of MF properties are owned by long term owners with fixed rate debt and Billions in Equity - those people are not in trouble.I believe perhaps 10% of the MF stock is owned by syndicators.
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4 July 2024 | 8 replies
If it's been a long-term tenant, we plan to have them repaint.
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3 July 2024 | 1 reply
cost: 1,300/mrunway: 4 months = 6,800spread: 1900all in cash: 138,800Income a year: 22800/y ÷ all in cash = coccoc: 16.43%seller sees offer: 250,000sub-to 120,000sell fin: 500 w/ 0% intrest term: 13.33 yearsdown: 50,000
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3 July 2024 | 4 replies
@Ryan DenmanIt sounds like a Reg A offering might work for you.https://www.investopedia.com/terms/r/regulationa.aspI would speak to a Securities Attorney before making any decisions.
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3 July 2024 | 10 replies
Just get a title company to draft it.Some questions I have are: who is on the original note?