@investingcre@investingcre Are you always in a 1st lien position in this case? Are you taking out the original senior lender? What is your typical exit strategy and how long does that take to come into fruition? What happens if the property happens to lose its equity (worst case scenario)?
Navigate the rules of 1031 Exchange like a pro! Ensure properties are held for investment or business purposes, identify potential replacement properties within 45 days, and close the deal within 180 days. Stay compliant! #RealEstate#1031Exchange#Rules
Dive into the world of tax-deferred wealth building with a 1031 Exchange! Swap investment properties while deferring capital gains taxes. 🏠💼 Explore this powerful strategy to leverage gains and expand your portfolio! #Realestate#1031Exchange
Combine Bonus Depreciation with Cost Segregation to maximize tax benefits! 🌟 You can deduct a substantial portion of the property value in the year 1, on top of regular depreciation. It's a game-changer for lowering taxable income. #taxstrategy#taxsavings
Understanding Cost Segregation could save you BIG! 🏢💰Tax pros conduct detailed analyses to reclassify property components, maximizing depreciation deductions. #taxseason#taxsavings#costsegregation
🏠 Discover the Augusta Rule: A savvy tax loophole allowing homeowners to rent out their residence for up to 14 days a year tax-free! Benefit: host business meetings, deduct rental income, and keep it off personal taxes! 💰 Follow for more #TaxSavings tips! #AugustaRule
I’m looking to fill up my schedule for the Best Ever Conference on April 8-12th, 2024 in Salt Lake City, UT over the next few days.
Please DM me if you’d like to set up a meeting or to grab a drink.
#jtcapital#commercialrealestate#realestate#RealEstateEducation
@Michael_Asarch Hi Michael - instead of purchasing RE or CRE, would you consider being the bank? Happy to chat on our strategy if you would like to learn more. Currently achieving multifamily returns with significantly reduced risk.
I’m looking to fill up my schedule for the Best Ever Conference on April 8-12th, 2024 in Salt Lake City, UT over the next few days.
Please DM me if you’d like to set up a meeting or to grab a drink.
#jtcapital#commercialrealestate#realestate#RealEstateEducation
1. The FCC is considering a proposal to bar apartments, condos, public housing and other multi-tenant buildings from charging tenants in bulk for cable fees. The idea is to provide residents with the opportunity to choose from a wider variety of services.
2. Biden administration wants more transparency on other fees as well.
NMHC and other organizations are stating that this isn't going to solve the problem and will actually disincentivize housing providers.
We agree as every industry includes fees, from banks, ticketing, airlines, hotels, etc. If fees are "eliminated", it will be rolled up into the larger price of a good or service.
What do you think? Comment below.
Here's to all the resilient women across the globe empowering and uplifting each other. We are proud to have strong women in leadership roles at JT Capital
#Internationalwomensday#jtcapital
No Filter Friday.
I used to walk into fancy hotels and think wow, this is nice! Now, every time I walk into a fancy hotel, I think wow, this is nice… but how much does it cost to maintain this place??
I was in Vegas this past weekend and all I could see were the operational costs:
1. How much does it cost to maintain landscaping? We pay $7K a month at one of our properties just for lawn care.
2. What's the electric bill at this place? There are lights flashing 24/7.
3. I saw a chipped tile at the pool. This is a liability waiting to happen. People take advantage when they know an insurance policy has a large coverage amount. Billboards are everywhere in Vegas.
Always have the asset management hat on wherever I go and numbers start crunching in my head. Any asset managers have a similar mindset? Share below!
What are the control rights in the JT Capital Strategic Income fund?
We have a say in major decisions. In the event of an unforeseen challenge or breach of contract our Fund has the following options:
1) Take over asset management
2) Change the current property management team
3) Choose to refinance or sell the property
4) Offer our investors the first right of refusal to buy the asset
Remember, we would love to own or partner on any of these assets we are investing in today.
If you would like to hear about what we are seeing with property values today and how we protect and grow your investment, book a call with us today --> Link in Bio
#JTCapital #commercialrealestate #fund
5 Ways To Further Generate Income
Knowing your competition can generate income too.
I always know what our competition is doing beyond pricing and specials. This is how I keep the occupancy high.
When stalking competitors, I like to see:
1. The content they are posting on social media. This helps me understand what they are doing to interact and engage with residents
2. Types of events they are hosting for their residents
3. What amenities they have as this can change over time
4. If they are announcing a renovation or change of ownership
5. Pay them a visit to see how welcoming they are. Trust me, not everyone delivers 5 star service and it's good to know this.
Knowing these details puts our properties at an advantage and one step ahead of our competition. It helps us retain current residents and attract new ones as we can understand what our residents want.
What other ways do you get info from competitors to help your assets?
#jtcapital #assetmanagement #commercialrealestate
Top 10 Ways To Generate Income :
An investor asked me how do I increase revenue at our properties. Here are 10 ways to do that beyond increasing rent. It's the sweet spot we like to call "Other Income":
Here's my top 10:
1. Administrative Fees
2. Application Fees
3. Valet or Bulk Trash
4. Amenity Fees
5. Parcel Locker Fee
6. Garage or Preferred Parking Fee
7. Utilities Fee
8. Renter's Insurance
9. Late Fees
10. Damage Fees