All Forum Posts by: Austin Underwood

Thanks @Brandon Hall for the input!  I greatly enjoyed your podcast!  I will discuss this further with my accountant.

@Ryan Scott Isacksen I'll look more into that. Thanks for the input!

I am building  single family properties and renting them out.  Cost is around $160k each.  If I am buying many of them (6-12), can I get a cost segregation study on one property and use that for all of the others??  Floor plan and exteriors will be the same with exception of color (same materials though).  They are all in the same development which has about 300 homes in it.  

I know this is an expensive process but if I can do it once and use it for multiple properties to reduce taxable income across all properties for the life of the properties, it should be worth it.

Thoughts? Has anyone done this for a SFH? Any ideas of costs? Is it worth it?

Thanks so much to all of you!!!!

This is incredibly helpful and makes my analysis look better!

Hey all,

I am a newbie.  I have not yet invested in real estate though I am a graduate student and will be graduating next May and hope to jump into it as soon as I know where I will be living (due to my full time job options).

I am analyzing properties using the BP Rental Analyzer and have a recurring question.  How do you determine which utilities (electric, water, gas, trash, etc) the renter pays?  I am assuming you have to honor any existing leases on a property, but after that runs out is this completely up to the investor?  I see properties where investors pay some or all utilities and others where investors pay none.  Do they do this because that is what is comparable in the market or how is this determined?  What if you buy a property that was previously owner occupied, is this case determined any differently?

Thanks for your help, I hope to one day pay it forward,

Austin Underwood