Alex Lickenbrock
Owner Occupy Market for Young Family in Cleveland?
11 October 2024 | 11 replies
The consensus seems to be that the Fed will drop rates by 1% by year end, which could allow you to refi in the near future, but there are costs involved in doing so.
Kody Smith
San Jose creative finance investor
9 October 2024 | 2 replies
This approach allows me to structure deals that benefit all parties involved and unlock unique opportunities in the market.I'm eager to connect with fellow investors, share insights, and explore new opportunities together.
Account Closed
Mark Evans DM Who is this Guy ?
8 October 2024 | 14 replies
Maybe he was legit at some point, as I know some good people that are involved with him and vouch for him.
Lee Hampton
Houston's New Short-Term Rental Regulations Poised to Shake Up the STR Scene
4 October 2024 | 8 replies
Although this data does not demonstrate causation, it indicates that Houston is amassing data to bolster its upcoming regulations and ensure they withstand legal challenges, mirroring the successful strategy employed by Arlington.As Houston steps into new STR regulations, now is the perfect time for STR operators to craft a proactive strategy, ensuring readiness and resilience in this evolving market.Lee Hampton, Builder | Developer | STR Operator | Former P&Z Commissioner
Austin B.
Thoughts About New Western?
11 October 2024 | 18 replies
One of my favorite building tour stories involved a New Western assignment.
Hieu Bui
Estimating rehab cost for a duplex
11 October 2024 | 26 replies
Some points I would be considering:1) The interior painting looks a little low for all the work involved.2) The roof looks like it will need some new sheeting in spots, at least as I can see staining on the ceilings from roof leaks.
Melanie Baldridge
If you want to be a real estate pro, you need to understand the TERMS:
9 October 2024 | 1 reply
It allows a substantial portion of the asset's cost to be deducted in the first year of service.In 2023, the bonus depreciation rate is 80%.In 2024, it decreases to 60%.In 2025, the rate further reduces to 40%.COST SEGREGATION:Cost segregation involves dividing a property into its individual components for tax purposes.Some parts age faster, like carpets or paint.Your CPA can use this info to more accurately depreciate elements of your property leading to potential tax savings.BASIS:Your basis is the initial price that you paid for your property, including any expenses or improvements.Knowing your basis is crucial for tax purposes, as it's used to evaluate depreciation & determine the capital gains or losses if/when your property sells.LAND VALUE:This is how much your land is worth without any buildings or improvements.Land doesn't get old like buildings, so you can't depreciate it.
Taylor Kendrick
My starting point
14 October 2024 | 22 replies
Diversifying involves buying multiple properties to reduce risk and increase rental income.
David Herfel
Advice for First House Hack
9 October 2024 | 9 replies
I am getting ready to get involved in real-estate for the first time.
Sally Alcala
Breaking Up with Property Manager Frustrations
11 October 2024 | 7 replies
My new property manager (PM) is now involved, and I’m hopeful this will be resolved soon.Over the past year, I've encountered numerous issues with this company.