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All Forum Posts by: Aviv Berkovitch

Aviv Berkovitch has started 29 posts and replied 69 times.

Post: looking for a handyman in Indianapolis

Aviv BerkovitchPosted
  • New York City, NY
  • Posts 71
  • Votes 12

@Gloria N Gear

It will be great to get Marcus number. Thanks in advance

Post: How to protect a new AC unit

Aviv BerkovitchPosted
  • New York City, NY
  • Posts 71
  • Votes 12

@Nathan G.

Lol, thanks (:

Post: How to protect a new AC unit

Aviv BerkovitchPosted
  • New York City, NY
  • Posts 71
  • Votes 12

@Nathan G.

I don't agree with this statement. It's a B+ neighborhood and things can happen also there. Guys from the C neighborhood can come visit and see what is new in the B+.

Post: How to protect a new AC unit

Aviv BerkovitchPosted
  • New York City, NY
  • Posts 71
  • Votes 12

Hi everyone,

What is the best way to protect a new AC unit from a theft?

I need to install two new 2.5 tons AC units in one of my duplexes, and I want to make sure that no one will take them a day after the installation (:

Thank you,

Aviv

@Timothy Hero

Yes, the plan is to transfer the ownership from my wife and I personal names to LLCs and then finance all of them with one commercial loan. Close the conventional mortgages that we owned the bank. And take new conventional mortgages.. and repeat

Hi all,

When my wife and I will reach our 10 conventional mortgages limitation.

Can we take a blanket commercial loan for all of the 10 properties, pay/close the conventional mortgages with the bank and repeat the process? (Take new conventional mortgages).

Thanks in advance,

Aviv

The dollar continues to weaken compared to other currencies in the world. What do you think will be the impact on the US economic and real estate?

Post: Depreciation property with a mortgage

Aviv BerkovitchPosted
  • New York City, NY
  • Posts 71
  • Votes 12

Hello everyone,

I purchased a property with a mortgage. I'd like to know if the depreciation calculates based on the property purchase price or based on the cash I invested in the property.

I ask it for tax purposes.

Thanks

Aviv

Post: Indiana - Evict month to month lease tenant

Aviv BerkovitchPosted
  • New York City, NY
  • Posts 71
  • Votes 12

Hi everyone,

Can I evict a month to month lease tenant at this time? The property in Indiana.

Thanks in advance!

Hi everyone,

As I understand, every time that I purchase a rental property, after it rented, and I want to purchase the next property. The bank can take 75% from the income of the first property and if it covers the (monthly mortgage payment + property tax + property insurance) the DTI will reset to the first calculation and won't change cause the first rental property. Like that, I will have the option to take 10 mortgages with no changes in my other incomes.

Am I right with my assumptions?

Thanks