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3 August 2020 | 14 replies
We also took bonus depreciation on our apartment.
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7 August 2020 | 11 replies
We have about $50k in capital to spend and any costs that surpass that we would look for a hard money loan.The properties that we are seeing fall into two categories generally - fixer uppers that are priced at around 70-100k and more turnkey properties that are priced in the low to mid 200k region.We want to follow the BRRRR strategy, which would most likely push us to the larger rehab properties, but are not sure if a large rehab is the right move for two beginners in the real estate investment game.What are your thoughts?
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8 August 2020 | 14 replies
I'm trying a timely completion bonus- wherein completion by a certain date pays the GC a bonus, with the flipside being that each day after, a deduction equal to each days' holding costs will come out of the final payment.Not my idea of course, got it from David Green's BRRRR book.
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7 August 2020 | 4 replies
BP family, I am posting this here as it seems like the most applicable category.
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28 August 2021 | 4 replies
But, finding a local bank that is aggressive on both sides of the isle is a huge bonus!
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8 August 2020 | 6 replies
I believe the following link is the actual Executive Order: https://www.whitehouse.gov/presidential-actions/executive-order-fighting-spread-covid-19-providing-assistance-renters-homeowners/ Does it extend the moratorium only on the same categories as covered in the CARES Act?
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26 May 2021 | 114 replies
When the bonus unemployment runs out and the bail outs stop there is going to be some pain.
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11 August 2020 | 2 replies
Currently I'm renting the bonus and master suite in my home for around $1300 a month total and that almost covers my mortgage.
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11 August 2020 | 4 replies
I would outline what your needs are, what reports you like to look at, what functions are important to you and rate each of the providers you find in those categories.
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11 August 2020 | 5 replies
Regarding loans to businesses, respondents to the July survey indicated that their banks tightened standards across all three major commercial real estate (“CRE”) loan categories—(1) construction and land development loans, (2) non-farm nonresidential loans, and (3) multi-residential loans.