/Real Estate
7 09, 2018

Should You Ever Pay More Than The 70 Percent Rule Suggests?

By |2018-09-06T14:08:53+00:00September 7th, 2018|Categories: Flipping, Hard Money, Investing, Investment, Investment Properties, Real Estate|Tags: , , |0 Comments

Yesterday, we discussed the 70 percent rule as it applies to flipping houses. Check out that previous blog post if you aren't sure what the 70 percent rule is. Today's question is whether you should ever pay more than the 70 percent rule suggests. For example, some beginner investors think that it's OK to exceed the amount specified by the 70 percent rule in an appreciating market. After all, in a few months or by the time you finish your rehab, the After Repair Value should go up, right? Typically, but that's a big risk to take if it doesn't!

13 08, 2018

With An Out-Of-State LLC, You’ll Need A Registered Agent

By |2018-08-13T18:28:29+00:00August 13th, 2018|Categories: Business, Investing, Investment, Investment Properties, Investments, Lawyers, Real Estate, Taxes|0 Comments

If you live in a state that is a bit unfriendly to small businesses, you might have considered just forming your LLC in a state that isn't. Investors do this frequently. Here's the thing though: If you intend to form your LLC in a state that is more friendly to small businesses like small real estate investment companies, you will need a registered agent. That's your legal obligation. What does that mean? Well, if your LLC is registered in another state, you have to have someone in that state to handle all of your LLC's legal and tax documents, and

12 07, 2018

How A Cost Segregation Study Helps Real Estate Investors

By |2018-07-12T23:02:24+00:00July 12th, 2018|Categories: Hard Money, Income, Investing, Investment, New Home Development, Real Estate, Taxes|Tags: , , |0 Comments

A cost segregation study can identify and reclassify your property, with the benefit of shortening the property's depreciation time. What happens when the property's depreciation time is reduced, as you probably know, is that your current income tax obligations also reduce. Using this tool, the IRS allows to to speed up the depreciation on certain things such as carpet or cabinets, and even light fixtures and flooring in a building. That way, you can enjoy tax savings sooner! So why doesn't everyone do a cost segregation? Well, the cost of it is not cheap. So, only investors with significant property

30 08, 2017

5 Questions to Ask Sellers if You’re Not Working With a Realtor(R)

By |2017-08-30T13:00:17+00:00August 30th, 2017|Categories: Investment, Real Estate, Realtors|0 Comments

Most real estate investors choose to work with a Realtor® who handles the negotiation process for them. However, if you’re one of the REIs who likes to call sellers and establish a relationship without using a real estate agent, here are five questions you need to ask property owners to begin negotiations. 5 Questions to Ask Sellers How long have you lived in the home? This is generally just a good icebreaker. How do you like this neighborhood? This is a great way to get a better feel for the community, and it’s another way to encourage the seller to give

6 05, 2017

How to Budget for Your Next Investment Property

By |2017-05-06T10:00:34+00:00May 6th, 2017|Categories: Hard Money, Investment, Real Estate|0 Comments

  As a professional real estate investor, you know how easy it is for your ambitions to exceed your budget. Here is a step-by-step strategy to ensure that your next project remains in the red. Know Your Limits Before you begin any real estate venture, you have to know how much money you have available to work with. You would be amazed at the number of people who begin searching for loans without figuring out how much they are worth in the first place. Contact a professional financial advisor if you aren’t sure of your overall worth; you’ll need an

14 11, 2016

How to Deal With Late Rent During the Holidays

By |2016-11-14T10:00:16+00:00November 14th, 2016|Categories: Commercial, Investing, Investment, Investment Properties, Investments, Real Estate, Tenants|Tags: , , , , , , , , |0 Comments

While everyone is scrambling to get their festivities organized and shopping done, unfortunately, it's too common for rent payments to be put on the back burner. Landlords are faced with this problem each year, and if it's happened to you, you know that it's a tough decision (you know, whether  or not to be a Scrooge). Keeping a Professional Distance From Your Tenants If you're a landlord, you know that maintaining a professional relationship and not becoming involved in your tenant’s financial woes is a necessity. No one enjoys evicting a tenant—especially during the holiday season—but you should remember that this is

12 11, 2016

Determining Fair Market Value

By |2016-11-12T10:00:04+00:00November 12th, 2016|Categories: Business, Hard Money, Hard Money Loans, Investing, Investment, Investment Properties, Investments, Real Estate, Realtors, REIs|Tags: , , , , , , |0 Comments

If you’re considering buying a home to fix and flip, the time to calculate fair market value is before you make the purchase. Even if you think it will be the deal of the century, the price you pay for the home now doesn’t necessarily have anything to do with its fair market value. The real estate market is constantly moving, and what’s high today could be low tomorrow. It usually doesn’t happen that quickly, but you’ll need to be aware that even a month or two can make a huge difference. Calculating Fair Market Value Calculating fair market value is

1 09, 2016

Who’s Responsible for Duplex Lawn Maintenance?

By |2016-09-01T10:00:00+00:00September 1st, 2016|Categories: Business, Investment, Real Estate, REIs|0 Comments

After purchasing and renovating a duplex, there are some things to consider before drafting a lease. Maintenance issues are not only a legality—they can make or break whether a tenant is attracted to your property. Renters rent for a number of reasons, and a major one is low- to no maintenance of the dwelling. Renters expect that if a major issue arises inside or out, it will be taken care of. But what about lawn maintenance? This can get tricky in a duplex situation. Lease Agreements and Lawn Maintenance in Atlanta It is becoming common to see lease agreements specifying

25 08, 2016

Are Co-Working Spaces Worth the Investment?

By |2016-08-25T10:00:20+00:00August 25th, 2016|Categories: Business, Hard Money, Private Lending, Real Estate, REIs|0 Comments

More and more, people are going into business for themselves. Those tired of “working for the man” or craving a better work-life balance are calling it quits on punching the clock. Trends in Atlanta are also showing a demand for workspaces where people can come and go at their leisure—especially when working from home is not always ideal. More often than not, freelancers and start-up companies are not in a position to rent costly office spaces, and above all, they are not willing to make a long-term commercial lease at the start. So, where is all this business being conducted? Co-working

21 06, 2016

3 Indispensable Tools for Real Estate Investors

By |2016-06-21T10:00:14+00:00June 21st, 2016|Categories: Hard Money, Investment, Private Lending, Real Estate, REIs|0 Comments

If you’re like most real estate investors, you understand that the ability to quickly and easily evaluate a property—and its potential value—is key to deciding whether to purchase it. This first step is critical in making the right investment decision. Using the right tools to accurately value a property can save you a great deal of time and effort in making your determination. REI Tool #1: Google Maps, Earth and Street View Virtually everyone these days relies on Google maps for navigation. Before you even drive past a property, have a look at it—and the surrounding area—using Google Earth. Street