All Forum Posts by: Mikey Liu

Hi all - 

I understand the benefits of cost segregation in year 1 and how you can front load the depreciation of the unit. However, in future years, isn't the depreciation much less? If so, then how can one still maintain rental losses on a unit? Any thoughts or insights into this would be much appreciated. Maybe the strategy is to buy another new rental every year and do a cost segregation study on that one so that net net you have rental losses across the portfolio? But what if you only have this one rental property and don't intend to add? Are you essentially going to be showing net rental income in future years? 

Tenant just moved out, old property manager has single family home 3bed/2bath listed in henderson for $2050 with no bites after 35 days on market. 

Wondering if this is just priced too high or if I need to find someone who is better at marketing this unit to get it rented. Does this person need to increase the incentive fee offered to rental brokers who bring in a client (believe current is $400). 

Any referrals welcome for rental brokers or property managers that can rent the unit out and manage it on the back end. Thanks

Looking for best recommendations for las vegas contractors and reviews. Appreciate the referrals

In the Las Angeles / Las Vegas region, have some capital that I am looking to invest. Want to be prudent, goals are cash flow, downside protection, and potential for capital appreciation - real estate seems to fit the bill perfectly. Have 500k+ of equity capital ready to deploy

Own a few single family in Las Vegas. Am looking to expand portfolio. OK to be involved and hands on - don't need to be passive and invest in a syndicate, although syndicates may provide unique opportunities 

A few options:

1) Homevestors franchise - fix and flip. Don't like how it is more transactional in nature, less steady cash flow stream, can take some time

2) Buy multi family - supply seems low, is LV a good market for multifamily? 

3) New build single family - how can one get into this? 

4) Multifamily - seems what Brandon preaches - are there good opportunities in LV / LA region? 

5) Commercial - amazon or fedex etc. storage / warehouses - any one have experience with this type of property?

I have over a decade of experience in the financial services industry and am comfortable with learning a new vertical. I love the Bigger pockets podcasts and this community seems very engaged. Curious on people's thoughts here. Ultimate goal is low maintenance passive income, although willing to put in the work to get the system set up 

Thanks all for the posts and differing viewpoints. Even though this topic was originally started over seven years ago, I have found it today and it is helping me think through the questions I should ask and think about as I explore the Homevestors opportunity. 

@Jeffrey Hotz 

Could you help elaborate the markets you are in, why you decided to join homevestors in multiple markets (vs. branch out on your own for the next market), and what advice or things you would suggest someone looking to get into the buy and rehab vertical?