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All Forum Posts by: Bonnie Griffin Kaake

Bonnie Griffin Kaake has started 5 posts and replied 601 times.

Post: 🏡💰 Unlock More Cash Flow & Time Freedom with Seller Financing! 💰🏡

Bonnie Griffin Kaake
Posted
  • Real Estate Consultant
  • Denver, CO
  • Posts 613
  • Votes 367

@Luther Wilson III

You are correct in that too many don't think about the benefits of owner finance deals. Another benefit is that the buyer under the owner/finance sale gets to do a cost segregation study on the actual purchase price and often gets more in tax benefits and cash flow than the buyer originally put down on the deal. Contact me if you want more information about how this works. 

Post: House Hacking for Businesses

Bonnie Griffin Kaake
Posted
  • Real Estate Consultant
  • Denver, CO
  • Posts 613
  • Votes 367

@Drew Sygit and @Sean Graham

There are additional benefits to being a building owner/occupant. If in the first year of ownership, provided the building owner(s) and business owner(s) are the same, the building can be grouped with the business. This makes the building an active rather than passive investment. When you do a cost segregation study on the building, the losses created can be used against your income from the business. This reduces your taxes and increases your cash flow. 

Too many business owners miss this opportunity because their CPA/tax professional is not aware of this benefit. 

Post: $20 Million GROUND UP CONSTRUCTION LOAN of a HOTEL!

Bonnie Griffin Kaake
Posted
  • Real Estate Consultant
  • Denver, CO
  • Posts 613
  • Votes 367
Quote from @Robert Ellis:
Quote from @Karen Schimpf:

Picture

Unlock Growth Opportunities with Equipment Leasing - Secure Funding Today!

Location: Lodi CA

TYPE: This was a good Hilton Flag hotel to s solid hotelier. He had other hotels, even one in this specific marketplace. He had good credit, good cash flow and just shy of $5 Million in Land and cash to put into the deal. Despite all that strength, despite his GC having a lot of experience in hotel construction loans, they were unable to find financing. BUT I gave them quick terms on an SBA 504 loan. There are only a couple of banks in the country still doing ground up construction loans for hotels, and I know them both. The saying in Commercial lending is it is not what you know but who…and I know who is doing what loan and I bring that knowledge to each and every deal…often for free because the bank usually pays me. IF you can have the guy closing the most loans in the country helping you on every deal for essentially no cost-why wouldn’t you embrace that? That’s what we bring to the table.

Despite my speed, this borrower continued to shop and try to get other people to do the loan all the way up until 2 weeks before closing-but was not able to find anyone. BANKS HAVE TIGHTENED, it is true. But we have access to non-bank lenders, Wall Street Conduits, private money lenders and alternative lenders and we GET STUFF CLOSED. With good rates, in timely fashion. We are still doing construction loans, investor loans, and private money deals with our own private money. If you or someone you know is struggling with bank financing, give us a call. One call, does it all.

Give us a call today to discuss your commercial finance needs or get started by filling out this form!

Karen Schimpf

(512) 358-1511

[email protected]

www.ApplyCommercialLoans.com

P.S. Our private money fund has a LOT of money to lend out. We can go from $100,000 to $20,000,000 but we are most aggressive under $2 Million where there is much less competition. We can go to tertiary markets, we can go to commercial properties that are special use, like hotels, memory care, assisted living etc. to apartments. We have money to lend guys…send us your deals. I will underwrite it quickly and give you an approval or tell you why we can’t within 48 hours. We give every deal a serious look…the keys to us are the asset, the story and the exit strategy. So send us the deals you need to close quick or the ones that are just a little too hairy for the banks and we will try to help YOU get it done!

Call Me today to run your deal by me at 512-358-1511 or go here to get started https://applycommercialloans.com/apply-now/


 there's more than a few banks that can do hotel loans 

The sad part is that the owners/developers of these properties don't realize they have the abiity to decrease the cost of construction by as much as 10 to 15% and enormous tax benefit ($1M for each $10M in construction costs) associated with licensing Green Zip Tape for the construction. This is cost segregation on steroids, no other cost seg company is offering this benefit. [email protected] 303-475-4459

Post: CPA said you can only do Cost Segregation on STR property

Bonnie Griffin Kaake
Posted
  • Real Estate Consultant
  • Denver, CO
  • Posts 613
  • Votes 367

Clarifications that may be of help and less confusing:

Q: Can I use the cost segregation benefits from my STR on my W2 income?

A: Maybe. If you or your spouse materially participate in the property by spending at least 100 hours per year actively managing your STR and more than any other person or business entity, and the average customer stay is 7 days or less, the answer is yes. That property becomes an active investment, and the benefits can be used against your W2 income. If you or your spouse are not providing enough hours to be considered actively participating in the property, it becomes a passive investment, and the benefits can only be used against the income from that STR. See Treas. Reg. 1.469-5T(c)(2)

If you have more than one passive property, you can use the passive losses from one against the passive gains on another if you group the passive properties. A knowledgeable CPA can easily do this for you when filing your taxes. 

Post: Want too get started

Bonnie Griffin Kaake
Posted
  • Real Estate Consultant
  • Denver, CO
  • Posts 613
  • Votes 367

@Robel Nessro  Many young people are buying houses and then having roommates to help pay the bills. Another good thing about that is that you can do a cost segregation study based on the percentage of the house that is being rented to your house mates. This would end up getting you some tax benefits and extra cash flow that could help you leverage that into another property...maybe a 1031 exchange. Or, you could move out and leave this first purchase as a rental and buy another.

Post: Seeking Advice on Lazy 1031 Exchange and Real Estate Development Strategies

Bonnie Griffin Kaake
Posted
  • Real Estate Consultant
  • Denver, CO
  • Posts 613
  • Votes 367

@Kevin Stearns  I can help you with tax strategy and tax benefits and cash flow through cost segregation, 179D, R&D, and the benefits of ECO construction using Green Zip Tape. LEEDS credits may also be available on some of the projects you mention. I am a real estate broker (license is inactive), investor in commercial, industrial and some residential rentals. I currently am an expert on tax benefits and cash flow available to investors in commercial and residential rentals with CSSI, a national company. We provide services in all 50 states and use engineering-based studies. Estimates and consulting are at no cost. 

Post: Investing in MultiFamily

Bonnie Griffin Kaake
Posted
  • Real Estate Consultant
  • Denver, CO
  • Posts 613
  • Votes 367

@Tayvion Payton  The biggest lesson I learned in my industrial property and retail property investments was to pay close attention to the tax benefits available on a property. I left a lot of money on the table because my CPA was not familiar with accelerated depreciation at the time. I now work in the field of tax benefits and cash flow for owners of commercial properties and residential rentals for purchases of $250K to over $2.5 Billion. 

I recommend you get a pre-analysis on the tax benefits available to you on a particular property either as soon as you identify a property or once you have closed on it. On the size property you will be looking at, you can expect about 6 to 8% of your purchase price in upfront tax benefits that will help you do any renovations you need to do or invest in another property. If you need more information, let me know. 

Post: Tips on finding Existing Outdoor Hospitality Properties for Sale

Bonnie Griffin Kaake
Posted
  • Real Estate Consultant
  • Denver, CO
  • Posts 613
  • Votes 367

@Cliff Benner and @Mitchell Gunlock  The very best place to find RV parks for sale are at trade shows. I exhibit and talk at them about available tax benefits and cash flow that too many miss. At the last show I attended, our booth was directly across from a RE broker of RV Parks. Let me know if I can be of help. 

Post: $1.5M to $3.125M in 18 Months

Bonnie Griffin Kaake
Posted
  • Real Estate Consultant
  • Denver, CO
  • Posts 613
  • Votes 367
Quote from @Matthew Drouin:

@Bonnie Griffin Kaake all of those will be on the table and be rigorously discussed as we chart our way forward.  I'm friends with one of your colleagues at CSSI Brenda Reding.  You guys are the best!


That is good to hear. Too many investors are not aware of the tax benefits and extra cash flow that could be theirs. Thank you for your kind words, Matthew. I am sure Brenda will do a great job for you. 

Post: What is the real point of doing a 1031 exchange anyway? - Simplest explanation

Bonnie Griffin Kaake
Posted
  • Real Estate Consultant
  • Denver, CO
  • Posts 613
  • Votes 367

@Michael Doherty and @Mike Auerbach and @Ellen Steele Don't forget the additional tax benefits available with cost segregation on the new basis as well as 179D. The 179D benefits can be available if this is a commercial building you are exchanging into.