
6 April 2019 | 10 replies
Either you have to find a property with a unique problem you can fix, or offer what you think makes sense and will equal a good return.

5 April 2019 | 1 reply
However, for those who currently own, this increase in valuation is enabling those investors unprecedented opportunities to take advantage of either expanding their portfolios by tapping into the new equity of their existing investments, or selling at a significant profit and 1031 into a larger asset, hence capitalizing on economies of scale.That being the case and all things being equal, how should the asset valuation be determined?

6 April 2019 | 7 replies
They usually take a contingent % of the tax savings so no cost up front.I’ve always had better luck arguing the equal and uniform case vs. the value is too high.If you really want to imagine a scary scenario, how do you think schools, cities and counties will react if their budgets get cut 30-40% in a 2-3 year RE downturn?

7 April 2019 | 7 replies
Not all property managers are created equal though.As far as my local properties, I use buildium right now but I'm switching to cozy.

5 April 2019 | 6 replies
And whether you want(ed) your real kids out of the house as fast as possible, you want these quasi-children to stay as long as possible.So, focus on providing proper guidance and expectations throughout the experience.Hold them accountable and yourself equally so.Okay, so there you have it, the 3 keys to getting a tenant to stay long term:Price the unit aggressively to incentivize them to stay.Provide Quality Maintenance (and finishes)—take care of problems to avoid unnecessary disturbances and have the quality of finishes in the home commensurate with the price of rent.Provide Quality Management—Be Responsive, Make your home easy to live in and your rules easy to follow, and be a good parent.Thank you for making it this far.

8 April 2019 | 31 replies
@Kirby DavisNot all Cash on Cash returns are equal.

10 April 2019 | 26 replies
A college quotes an equally outrageous tuition and we start trying to figure out how to pay for it.
7 April 2019 | 8 replies
But from what I understand 1031 exchanges are for investment/business purposes. it is not based off of your capital gain in the property the point is to take your full investment and use it to obtain a property that is of equal value or more value.

10 April 2019 | 15 replies
(Limited to $7.5 million)30 year amortization is an option, but it is NOT the only option.There are so many more qualifications/ disqualifications like:90% OccupancyNo military or student housingNet worth equal to, or greater than the loan amountNo subordinate debtI find that most people don't even qualify, instantly, because they don't have a net worth of over $1 million, which is the minimum loan amount.Bottom line here BP members: Don't believe everything you read on BP.