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30 January 2025 | 56 replies
At least while you learn.
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4 February 2025 | 2 replies
While you may be willing to live without heat/ac or hot water for a week.
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27 January 2025 | 12 replies
Bonus points if they’re used to working with investors or can help keep costs in check while maintaining quality.I have a few references I can give you.
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11 February 2025 | 18 replies
I've purchased all of my properties while out of state or out of country.
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12 February 2025 | 27 replies
Never heard of them....so don't know good or bad.
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31 January 2025 | 42 replies
It also means you don't have to learn two different ways of doing things.
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3 February 2025 | 0 replies
The ground floor was redesigned for retail units, while the upper floors were converted into modern, open-concept office spaces.Modern Amenities: Introduced features like energy-efficient lighting, upgraded HVAC systems, and high-speed internet infrastructure.Aesthetic Upgrade: Refreshed the façade with contemporary materials while preserving historical elements to maintain its character.OutcomesIncreased Occupancy: The property went from 40% to 95% occupancy within six months of renovation.Higher Rental Rates: Upgraded spaces commanded rental rates 30% higher than before.Enhanced Property Value: The property's appraised value increased by 50% post-renovation.Investor's ROIBy investing in smart architectural design, the investor not only revitalized a neglected property but also significantly boosted their ROI through higher rental income and property appreciation.
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5 February 2025 | 5 replies
If you die while holding the property, it gets a stepped up value and all the gain is tax free.If rental the taxes can be deferred via a 1031 and if you die while holding it, it gets the stepped up bases with gain forgiven.Hopefully the numbers provide some example of possibilities.
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16 February 2025 | 29 replies
I don't have enough knowledge to vet who's a good operator so I passed.
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24 February 2025 | 8 replies
While a 1031 exchange can defer the recognition of a loss, it's generally not the best option unless there are specific strategic reasons to do so.