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31 May 2024 | 11 replies
Then have a Roofing contractor go out to the property and tell you how much it will cost to fix the problem.
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28 May 2024 | 2 replies
Trusts do have benefits, but the costs for you at this juncture may outweigh those benefits.Often times, what people truly want is to just be protected in the event the unforseen happens with the property, and thus, a solid, robust insurance policy is often the most cost effective route at this point.
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1 June 2024 | 5 replies
We're funding deals with as little as title costs/insurance to close for experienced borrowers.
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31 May 2024 | 44 replies
What if the $2,600 sewer repair actually should have cost $4,300?
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31 May 2024 | 0 replies
One owner is looking to exit to middle to high sevens on yield on cost.Cap exits are high 5’s, low 6’s for some Class A product.Turnover cost projections should escalate: $500 first year, $850 second year, $1000 third year.Consolidation and density of BFR assets can be an issue for insurance companies.
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31 May 2024 | 7 replies
The second tenant stopped paying and it took me 4 months to get them evicted and more turnaround cost.
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30 May 2024 | 11 replies
Tax effects are also key, as some investments can save you money on taxes.
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29 May 2024 | 4 replies
The LLC has no impact on the effective tax rates.Also if you acquire a property for the purpose of flipping, that will always be Ordinary Income, also likely subject to self-employment taxes.That particular sales event has no impact on the taxation of your normal rental income from other properties.
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1 June 2024 | 4 replies
Financially we could cover the cost of the homes sitting vacant after we move if we do not find renters right away.