31 March 2020 | 14 replies
I use my wife as the test case.
20 March 2020 | 3 replies
Realtors get comp requests all the time from people who probably wont ever buy anything, and because we're not paid by the hour many may turn you down, but find a competent realtor that knows the market well and offer them a few bucks almost like a retainer to run comps and provide market data for you.
23 April 2020 | 5 replies
If you have a de minimis safe harbor election in place for the tax year and expenses related to the building structures subsystem are more than $2,500, the expenses would be capitalized.It might make a lot of sense to forgo the de minimis safe harbor election and apply the betterment, adaption, and restoration (BAR) tests instead if doing so doesn't jam you up in other areas.
22 March 2020 | 9 replies
I had to go file a deed in person last week in Durham county and now on another transaction the seller I'm buying from is having to go to the courthouse to collect the data the attorney needs to close our transaction.
21 March 2020 | 28 replies
If we get lay offs that are slow to come back then maybe all classes of multis get a stress test.
12 March 2020 | 6 replies
Some state require testing to get a GC licenses and others dont.
6 April 2020 | 26 replies
I would look for tried and tested teams in cash flow focused markets.
16 March 2020 | 2 replies
In commercial, the BRRRR takes longer as most banks won't let you refinance in six months as they want a year or two of trailing data.
17 March 2020 | 5 replies
not so much.Technically, you aren't bound by fair housing laws if you own fewer than five units, but I wouldn't test that out.