David Switzer
Question about ADA (no one seems to be doing it?)
14 January 2025 | 5 replies
Stairs are the only way to get in, no grab rails in the bathroom, ramps that are too steep, etc.From what I've read, all commercial businesses/buildings (including ones before the ADA was passed) have to comply with the rules, unless it would be outrageously tough to fix (like installing an elevator in an already built building).Are all these local business just not complying and taking the risk, or am I missing something?
Joy Daniels
Pets and Service animals at STR
18 January 2025 | 15 replies
I would put it in your listing details and also potentially house rules.
Treza Edwards
New Construction Rental Property
13 January 2025 | 6 replies
There is no such absolute rule or mandate for REI - it is up to you on your comfort level with your cash flow versus total investment versus appreciation potential.If I followed that rule, I would have missed out on a LOT of great opportunities over the years.We bought a house in Jones Valley in 2017 with negative cash flow - why?
Jerry Zigounakis
Best Growing Markets To Invest In
24 January 2025 | 13 replies
Next, I would look into where you can find the 1% rule (aka positive cash flow) and fast appreciation.
Andrew Slezak
Opportunity zone investing
17 January 2025 | 2 replies
For existing properties, you must make substantial improvements (equal to the property’s value, excluding land) within 30 months.Ensure the duplex qualifies as an OZ investment and complies with QOF rules.
Britt Griscom
Cost Segregation
21 January 2025 | 3 replies
The "land basis" cannot be depreciated, so your depreciable portion will be lower than $350k.We typically consider $1 million in building basis as a rule of thumb where it makes sense to evaluate the potential benefits.
Panos Coufos
HELOC to Fund Downpayment on Next House Hack?
23 January 2025 | 1 reply
The most important rule is to have the cash flow of the new property be able to pay all its expenses, mortgage, AND the line of credit back.
Arina Alexiuc
Small multi 2-4 units vs 5-20 units?
19 January 2025 | 2 replies
With the economy of scale in multifamily, each additional unit nets you a little more than the last, as a rule of thumb.
Michael Plaks
EXPLAINED: should I trust all those "End-of-Year Tax Saving Tips"?
24 December 2024 | 6 replies
If not, consider establishing one for 2025, after learning the rules.