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13 February 2025 | 25 replies
If it is a duplex then I comp it like a house with an ADU.
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14 February 2025 | 21 replies
If you achieved this by paying all cash, then you are losing money.
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21 February 2025 | 10 replies
I am an advocate for buying real estate and then just holding it.
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21 February 2025 | 5 replies
They seemed good, and looks like they have prior experience managing the building I’m buying (based off the leases that were submitted to me) but way to expensive to what I’m use to … $137 - $184 per door (over 10%) and then $750 per door for the maintenance reserve.
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20 February 2025 | 2 replies
Usually, it will be allocated by price or sq footage or something that is a common factor by your accountant.If you use the purchase price then 46% of the basis would go into the 170K house.
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17 February 2025 | 7 replies
If you have the experience then you should become a broker and go for it.
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22 February 2025 | 4 replies
It the equivilant of a very light sanding, then poly and looks good as new.
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15 February 2025 | 2 replies
For example, if you manage the rental yourself then you won't pay a property management fee.
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17 February 2025 | 8 replies
The mold is like surface mold that can be cleaned with a household cleaning solution and a wet cloth, then dry the space out.
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12 February 2025 | 75 replies
If it's a high dollar home, then no more than $1,000.