All Forum Posts by: James R aduna

That's great to hear Sammy! Let me know when you do.  

@Sammy Lyon

Thanks Frank and Melvin for your input. 

BP Community, 

Can you please clarify for me the following question? I'm looking into possibly using an FHA Loan to purchase a 4 Unit Investment out of state. I understand should I purchase a 4-unit home I must reside in one unit to qualify for the loan. If this is the case, is it ok for me to live in my existing rental and use this unit in the 4-plex as a part time home? Thanks for your feedback! -James

Thanks Aron and Denis for your feedback. 

Hi BP Community,

I'm currently breaking down an investment deal and I usually combine my Capital Expenses with my Maintenance Expense at 8%. I've heard from other investor he keeps both expenses separate. Would you all agree?  If that was the case what would most of you use as a percentage for CapEX? Thank you all...

Costin, 

Thank yo for the sage advice. I'll review KBKG.com as you suggested. 

Thank you for your feedback Michael. 

Costin, Thanks for the feedback. Just wanted your feedback based on your comments above. So currently, I have 6 properties ranging $70k to $110K. They were purchased in (4 properties) 2018 & (3) 2019. It seems you suggest to only do properties above $100k and submit current tax year? Based on your experience you suggest to only do the CSS on 3 properties in 2019 that were worth over $100k. Correct? 

Thanks Lee. I’ll have a look! 

Bill S. Thank you for your feedback. I'll look into DIYcostseg.com. I'll reach out to Brandon. Can anyone else on this thread suggest a CPA to discuss this further in the Los Angeles area? Thanks