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23 April 2024 | 22 replies
Some single houses can be split pretty easily as many are built on a hill.Crestline is a small, homey, nice community.
22 April 2024 | 1 reply
I would benefit because I would have a small cash flow of $300 and I would be paying down $1,000 per month towards the purchase price of $1.3 million.
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22 April 2024 | 3 replies
It is directed towards investors who share you beliefs.
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22 April 2024 | 0 replies
• Purchased directly from a mom-and-pop operator off-market• Secured $1M credit union loan and raised $500K equity to close• Existing owner had inflated expenses and below market rents• In-place rents approximately 30% under market at purchase• Expense ratio at least 10% above the norm How did you find this deal and how did you negotiate it?
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22 April 2024 | 3 replies
Does VA allow you to purchase a small multi-family and live in one of the units?
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21 April 2024 | 12 replies
Rates are directly tied to the 10-Year US Treasury which are impacted by not only our market-driven economy, but also government action (or inaction).
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22 April 2024 | 5 replies
If their belongings were damaged or if food spoiled as a direct result of the leak, then I might consider reimbursing them for their losses.
20 April 2024 | 6 replies
Quick background - I live in Southern California and I am looking to purchase either a 2/2 condo or a small 3/2 single family house.
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22 April 2024 | 17 replies
Set up direct payment.You should do an inspection while you're at it.
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22 April 2024 | 0 replies
The three most common approaches include:Cost approach: An estimate of the replacement cost less depreciationIncome approach: Calculation of estimated potential rental incomeSales approach: Uses comps of recent transactions on similar propertiesBe sure you are leveraging the tax incentives availableIdentify any applicable tax incentives available for commercial properties - historic tax credits in certain areas, opportunity zones, environmental sustainability, etc.Understand available tax deductions, credits, and rebates - Tax deductions decrease the taxable value of a property, tax credits directly reduce your tax liability dollar for dollar and tax rebates are a refund of taxes paid under certain conditions.Utilize a cost segregation study - Cost segregation allows you to reclassify assets into categories with shorter useful lives, therefore accelerating depreciation and creating tax savings.Leverage energy incentives and deductions - Look into the Section 179D deduction and how you can save on tax by meeting certain standards to make your property more environmentally friendly.Best practices for commercial real estate owners and monitoring their property tax regulations:Plan proactivelyWork with a professional to receive guidance on complex regulationsUtilize specialized software tools to drive efficiency and compliance.What questions do you have regarding property tax valuations?