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6 December 2024 | 8 replies
As for properly collateralized performing notes in Vegas I think those are quite safe.
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2 December 2024 | 7 replies
For it to work properly (ie heat the unit), it needs to be kept on in the winter even if she turns it down when she's away or in the evening.
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2 December 2024 | 11 replies
There are three safe harbors that businesses may use to meet the test.Half of the amount the business spent on services were for services performed in a QOZ.Necessary business functions and necessary tangible property was located in a QOZ.Half of the hours of service received by the business were performed in a QOZ.A business does not need to meet all three safe harbors to qualify.
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7 December 2024 | 150 replies
You need to know your state laws and brokerage requirements so that you don't get into doing any brokerage activities unless you have the proper license.
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5 December 2024 | 7 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
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11 December 2024 | 101 replies
Windows are part of the floor plans so always make sure you do your proper due diligence.
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4 December 2024 | 10 replies
I want to know if one of my rentals has a massive even that I'm covered, that's worth the going rate on the proper insurance to me.Best of luck!
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4 December 2024 | 9 replies
A lot of places up here in WA you must have cause for a lease non-renewal.Check your local laws too, a lot of places require proper notice to be given prior to lease non-renewal.
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1 December 2024 | 15 replies
always valuable to throw yourself in a guest's shoes and turn everything on and make sure it functions well or as intended.
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30 November 2024 | 3 replies
What functions did you hire, or sub out?