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22 January 2020 | 6 replies
I want my investment dollars to work and return as much cash flow as possible while providing long-term equity upside, so to accomplish this I look for commercial value-add deals which provide me the maximum tax incentives, write-offs, depreciation, and least amount of hands-on time/energy/headaches.
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16 January 2020 | 3 replies
Lots and lots of variables here, but more expensive properties tend to be larger and have better quality finishes.
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18 January 2020 | 67 replies
One check by accident is one thing, but writing multiple checks when you know there is no money to cover it is fraud.Florida skimming law:https://www.flsenate.gov/Laws/Statutes/2012/697.08FBI mortgage fraud:https://www.fbi.gov/investigate/white-collar-crime/mortgage-fraudI am not saying that everyone would be caught or prosecuted for this, but a scheme with multiple properties and larger sums of money is exactly the kind of thing that gets prosecuted.Very often in these type of schemes, people are not claiming the income on taxes, so that introduces federal tax evasion into the mix.
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22 May 2020 | 8 replies
This is largely so that they can ensure life safety measures are being satisfied in these larger buildings.
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17 January 2020 | 3 replies
Groves is a good solid rental area and is rising with the tide of that larger surrounding cities.
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17 January 2020 | 4 replies
If so, you open yourself up to a larger pool of candidates.
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17 January 2020 | 7 replies
Also getting to your point about looking for brokers that has no desk fees, all of the larger national brokers will have desk fees to some degree, the only brokers I know of that might not charge a monthly fee is some smaller local ones.
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20 January 2020 | 5 replies
I'm at the point where I'm going to start borrowing larger amounts.
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18 January 2020 | 4 replies
Unless you’re slumlording it, or in larger MF properties, the hassle of managing multiple LLCs is usually not worth the risk protection.
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23 January 2020 | 23 replies
The association fees are often a larger % of the property value and rent with condos - which might reduce your future appreciation potential.