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20 October 2024 | 8 replies
We ended up closing at 240, but I believe we could have easily gotten 260 if we had listed at 249 and created a bidding war.I hope this helps!
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26 October 2024 | 1 reply
The floor is not super out of wack, more just some imperfections of chips and some hills, overall is it worth doing for what it's for?
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27 October 2024 | 7 replies
Remember, this is business.
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17 October 2024 | 1 reply
The land represents ~1% of the purchaseOn the contrary - if you purchase a $2 MM shack in manhattan on a postage stamp lot, the land could represent 99%Lever 2 - % of the property with a shorter useful life.Not all parts of a piece of real estate are depreciated at the same speed.Certain personal property assets have SHORTER lifespans in the eyes of the IRS vs the standard 27.5/39 year livesProperties with tons of this often have:- Over-developed land sites (hardscaping, pools, retaining walls)- Fancy Fixtures- Fancy Furniture (STRs!)
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16 October 2024 | 6 replies
A good friend of mine just helped a client get a duplex in South Philly.
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14 October 2024 | 9 replies
Is it more difficult to trace you as the owner?
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17 October 2024 | 12 replies
There has never been another contract signed by me or my tenant (I've verified this with the tenant).
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25 October 2024 | 0 replies
Retail and data center REITs lead, with Realty Income and Digital Realty Trust among top fundraisers.While REITs raised significant capital, property acquisitions have slowed, with more sales than purchases recorded.
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21 October 2024 | 5 replies
I am in the Houston area and my primary goal is to become financially free and look to enjoy more quality time with my family as I do want to move away from the day to day desk job.
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16 October 2024 | 13 replies
If you wanna help families, do charity work.