9 January 2023 | 2 replies
Sounds like the rising market covered a lot of your mistakes.Hope you're more careful on your next deal as the market is decreasing and won't cover your mistakes.
11 October 2023 | 5 replies
This poses a significant risk to the lender, as they may not be able to recover their full investment if the property is foreclosed and sold.Also take into consideration Decreased Cash Flow.
27 July 2023 | 5 replies
I'd start taking a genuine interest in what other people are doing, where they're bottle necks are, then try to decrease those bottle necks.
13 September 2023 | 200 replies
But it undoubtedly contributes to making working jobs less desirable through decreased pay, and who in there right mind would drop of their 11 year old daughter to pick berries and the like now days when the field is going to full of migrants between 20 and 50 years old?
11 October 2023 | 0 replies
She said that you CAN take proceeds from closing without paying personal income tax on it as long as the business’s tax returns reflect a corresponding decrease in your cost basis for the property (by the same amount you take).Here’s how we understood it: if the refi amount for example is 100k and we take 10k, the cost basis when we go to sell the property sometime in the future will be lowered to 90k.
11 October 2023 | 11 replies
Can you do keep going with the rent concessions instead of decreasing the rents?
11 October 2023 | 0 replies
As a result, market rents increased by 4% to 6% annually in 2021 and 2022, and the overall market vacancy rate decreased to 5%.Texas continues to experience robust residential growth, particularly in the Houston and Dallas metros.
30 June 2018 | 11 replies
For flips, it gets added to the basis of the property and decreases your taxable profit when sold.
8 September 2022 | 13 replies
Might not make much difference in rent amount but might decrease vacancy as it will likely rent faster thus equating into $$.
10 October 2023 | 7 replies
The equity in those doesn't mean much unless it's in your pocket OR if the market rents are slated to continue to increase; which sadly for the bigger part of 2023 rents have been flat or decreasing.