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15 February 2025 | 1 reply
Warning:If you depreciate a property down near zero and then have to sell your property at a loss during a situation of distress...You could end up giving all the proceeds to the bank AND owe the IRS a big chunk of money for recapture.Long-term tax planning with real estate needs to be coupled with risk management and making sure you don't lose any properties.
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22 February 2025 | 5 replies
This provision, through the Affordable Homes Act, make ADUs legal BY RIGHT in any single family zoned property in the state.
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24 February 2025 | 2 replies
I just bought my sixth property and State Farm is telling me they have a limit of covering a maximum of six units for an individual.
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14 February 2025 | 5 replies
Held for 1 year, completed updates, the property appraised enough to justify sale.
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14 February 2025 | 13 replies
- Property Managers that you would highly recommend?
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21 February 2025 | 5 replies
Building a strong team (agent, contractor, lender, property manager) is key—seek referrals from experienced investors.
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18 February 2025 | 17 replies
Also as I understand it qualification for these loans are based on the property as opposed to the borrower.
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12 January 2025 | 2 replies
I walked to the house and met a man who says he was cleaning out due to the loss of their mother in some few weeks back.The guy told me she is left with 12 years mortgage on the property to pay the bank.
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13 February 2025 | 12 replies
I would make improvements to the property only when doing so would cost less than the value added to the property.
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17 February 2025 | 2 replies
Quote from @Neal Schadler: I have several properties in Cleveland and the surrounding areas.