10 August 2025 | 20 replies
But there are two components to consider as part of your analysis:1) How much could homes increase in price between now and your potential buy date?Â
9 August 2025 | 4 replies
**Increase Income Streams**: Explore opportunities for additional income, such as side jobs that align with your current skills or interests.
11 August 2025 | 66 replies
Hi Nida,I'm a bit late to the party but better late than never I guess lolIn the search bar here on Bigger Pockets or even a Google research will reveal a lot of info about certain companies.I'd always like to joke around and say that "Google is your best friend" when looking to work with someone new lolI'd like to second Jason's comment who has been around the turnkey game for a long time and has probably conducted due diligence on many if not all turnkey providers over the years.Not many have stood the test of time and I'm proud to say that we have.Not intending to plug my company as we have many battle scars that started from day 1.But still here and still battling away 🤓Why we survived and thrived unlike many others was keeping our operation small and boutique and only doing deals on our terms.Low volume sales and thorough investor pre-qualification (As not everyone that has a pulse is necessarily a good fit for what we can provide).Some investors did better than others but one thing I can happily say is that we always did our best for all.I believe a very important component to any "true" turnkey company is that the penny ultimately drops must drop with them.Meaning, if you invest and things don't go the way as planned it is entirely up to them to rectify.No finger pointing or passing on the monkey to someone else (Like a realtor, contractor or PM).A true turnkey company stands behind it's properties, rehabs and in-house property management.Key phrase here is "in-house property management".Everything must be under the same roof and the provider must take all responsibility for the outcome of that investment.Wishing you much success
8 August 2025 | 1 reply
Also, relocation fees added to this mess when trying to negotiate price- terms - tenant responsibility (don't worry fees still exist for most investors).But now… SB 586 is in.Starting this September 2025, landlords can terminate a tenancy with just 60 days’ notice if:The buyer is purchasing for owner-occupancy, andThe landlord provides 1 month’s rent as relocation assistance (unless you own 4 or fewer rentals statewide—then you’re exempt from paying it).It might sound like a small tweak, but this 30-day shift actually aligns perfectly with most lender guidelines for move-in, which could make your property far more appealing to the average retail buyer—not just the 1031 crowd or cash-heavy investors.You’re not stuck waiting 90 days for possession anymore.
7 August 2025 | 2 replies
That said, if you're considering redevelopment or major improvements, there may be creative ways to structure things to qualify, especially if you’re thinking about selling and rolling the proceeds into something else.Given the mix of zoning (multi-use and commercial), you might have some interesting options for repositioning or development that could align with OZ guidelines if you went that route intentionally.It's a nuanced space, so partnering with a CPA or legal advisor who knows OZ rules inside and out would be a smart move.
7 August 2025 | 4 replies
Another component is capital expenditures that adjust the basis (book value) of the improvements.Â
7 August 2025 | 10 replies
The numbers will start making more sense once strategy and location align.
7 August 2025 | 4 replies
You might also explore bonus depreciation while it’s still available, especially if timing aligns with your sale.It’s wise to start building relationships with operators, brokers, and tax advisors now, even if you're still a few years out.
8 August 2025 | 7 replies
The points about aligning leasing fee structure with long-term tenant performance really hit home.
9 August 2025 | 29 replies
Especially in Iowa when it is 0 degrees and 30 mile per hour winds.These properties we are doing have the Teak component, but they all have secondary values with locations, building sites, phone/internet reception, water, palm trees, fruit trees etc.Â