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4 December 2019 | 2 replies
In fact you'll probably find that the national QIs are generally less expensive because of their economies of scale.Here's a couple of BP blogs that may help. https://www.biggerpockets.com/member-blogs/12255/86606-do-i-need-an-attorney-for-a-1031-exchangehttps://www.biggerpockets.com/blog/how-much-does-a-1031-exchange-cost
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1 December 2019 | 1 reply
There is so much going on in big markets with industries, local companies and economy, public transport, the day to day energy that a city and it's surrounding areas has that can help you make the best decision you can for yourself.
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4 December 2019 | 24 replies
Although that’s not ideal, I do feel that the current economy here in St.John’s NL is not able to sustain a high purchase ratio compared to renting.
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2 December 2019 | 23 replies
A downturn in the economy leading to falling market rents and rising vacancy can make you miss the debt payments and lose the property.
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2 December 2019 | 3 replies
Once you get more properties and economies of scale, it might be beneficial to onboard a tax professional as an external member of your team who can have the deep conversation with you.
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7 October 2019 | 8 replies
The smaller towns are much harder to find good tenants for and the economy in the small towns are lacking.Overall - I think this is a decent deal if you are only going in for 11k, the property doesn't have a ton of deferred maintenance and you have the grit for Cumberland county.If you are looking for a property management company, David already offered his services and hes a good guy but we also manage and own properties in Cumberland county.
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2 September 2019 | 24 replies
I will only consider true vacation rental markets such as Gatlinburg (although there are various others that produce great cash flow as well) for STR’s/Airbnb property because the economies of those markets have been dependent on tourism and short term rentals since well before I was born.
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5 September 2019 | 7 replies
When a national/global economy slowdown happens less people travel here.
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25 September 2019 | 7 replies
The payment comes in on time and it’s good hedge should the economy tank and people lose jobs.
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3 September 2019 | 4 replies
I also know that the economy and market at the time should determine which route I go.There is just too much information in all the books and podcasts and blogs and I'm overwhelmed and need advice from seasoned investors.