28 August 2019 | 316 replies
As long as we're accurately estimating future cap ex expenses based on present condition and replacement cost of each component & the previous rules apply this works out.Maybe all of the investors that tell us not to do it are trying to keep all of the best opportunities for themselves ;)Here's a mind-blower: I just picked up a 3plex that was fully rehabbed but vacant, owned by an older gentleman who was simply done with the enterprising stage of his life and wanted to rest.
2 June 2019 | 25 replies
, is talk to more lenders until you find one who will work with you and/or consider building in a construction component, Bigger pockets has great people.
13 June 2019 | 58 replies
Each property needs a reserve study to determine the existing components, frequency of replacements and projected costs.
7 November 2021 | 213 replies
The money is invested in the technological components but the car feels and looks extremely cheap and dinky otherwise.
26 June 2021 | 97 replies
Took a chance on a young lady with 4 kids, as many landlords know, kids can be very detrimental to a property.
5 March 2019 | 70 replies
If your budget allows a maximum of $250,000, do not consider coastal California.Climate - Properties in areas with hard freezes and excessive moisture will tend to require more maintenance than in milder and dryer climates.Property age - The older the property, the more maintenance it will require, unless all the major systems and components have been updated recently.Taxes - Both income tax and property taxes are a direct hit on profitability.
28 February 2020 | 143 replies
It may be to their detriment because of analysis paralysis.
29 July 2021 | 42 replies
The limit is the number of hours in the day versus the workload.Real Estate is only a basic component of hospitality.
18 August 2020 | 18 replies
Some recognize both the value and the intentions of the government in the region and some seem to think it is either not really a big deal or potentially a detriment to the overall value.
3 May 2020 | 53 replies
Plus, there are some new components of the stimulus package that strongly encourage those classified as real estate professionals for tax purposes to pour more money into real estate.The primary ways to generate more cash flow are room rentals and airbnb.