Jennifer Fernéz
Help with this deal!
18 January 2025 | 10 replies
Adding and making better could sell or rent faster, but it won't get you more than what the market ARV and rent is set at from other similar comps in the area....and your Interior Design background will help, if you you it mostly as an understanding of cost.
Jeffrey Hill
Trying to figure out how to buy a home from a friend with assumable VA loan
13 January 2025 | 5 replies
From my understanding, normally with a VA loan assumption.
Bob Dole
Cost Segregation -- What is the true benefit of the accelerated depreciation?
9 January 2025 | 32 replies
Quote from @Bob Dole: All,Apologies for the newb question, but I just heard about cost segregation and have been reading up about it online.My understanding is this (and please correct me where I'm wrong):Pros: -accelerate depreciation, front load (vs. just a straight line over 39 years) -save money on taxes because of the depreciationCons: -if I sell the property, the recapture will be larger -not recommended if you flip propertiesSo hypothetical situation:-Majority of our income is W2 based, let's say it's $500k-Net income from commercial rental is $100k-Income from dividends and interests is $100k-Both of us are full time W2, so non-prof real estate (but this can change -- please see below)So we're hypothetically grossing $700k a year.
Adedayo Adetunji
Stranger occupied property without consent
8 January 2025 | 5 replies
@Adedayo Adetunji understand your frustration with the situation!
Aeon Jones
Joining the Vodyssey Mastermind group for REI in STRs
8 January 2025 | 7 replies
I cannot understand why its so expensive.I've worked in real estate for years.
Cole Dobbs
New Member Introduction
10 January 2025 | 9 replies
Build a strong team, prioritize cash flow, and take the time to understand the local market and regulations, especially for development projects.
Kyle Knudsen
1031 Exchange to build ADU on family owned property
7 January 2025 | 3 replies
Best to talk to her and understand your options.
Sidney Duquette
Strategies for High Equity Growth Properties: Risk Mitigation, Value-Add, Cash Flow
20 January 2025 | 7 replies
I understand that at my age, focusing on properties with strong equity growth potential (even if cash flow isn't immediate) is a solid strategy.
Joel Florek
31 units in 30 months at age 24, $70k Annual Cashflow
9 January 2025 | 116 replies
I pushed the deal forward with multiple banks understanding that there was a good chance a banker would get pushback from underwriting later in the process.
Collin Hays
I fired dynamic pricing today
2 February 2025 | 20 replies
If for no other reason, it seems that I’d have a much better understanding of pricing our rental in general and a good baseline to make decisions in the future.