Nadia Jones
Do Term Sheets or Commitment Letters Show Financial Credibility to Brokers/Agents?
13 December 2024 | 4 replies
Do you have the Capacity/Ability to close, do you have the Character/Credit to close (including relevant experience), and do you have the liquidity to properly provide enough collateral (are you injecting enough into the deal).
Don Konipol
Can Real Estate be Purchased Below REAL Market Value?
16 December 2024 | 7 replies
The sale included a sound stage and all types of equipment.
Bao Vu
Question regarding Tax on a Flip
12 December 2024 | 10 replies
@Bao Vu The purchase price and related expenses from 2023 should be included in the cost basis for the flip sold in 2024, reducing your taxable gain.
Chris Olandese
New rental investor
16 December 2024 | 6 replies
We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.
Kevin Zmick
Having Trouble Renting Unit in First Property
19 December 2024 | 22 replies
In the spring you can list it for market rate and have better marketing/screening strategies in place.HOW TO SCREEN APPLICANTSI recommend you include some of your key qualification criteria in the advertisement.
Keara Mooney
Acquired Tenants / Lease Re-Structure
15 December 2024 | 2 replies
Their previous lease includes a portion of storage in the basement with laundry access(also in basement).Current set up: tenant occupies floor #2 with separate access to the basement for their laundry and storage.Future plan: reno basement and remove storage/laundry access for tenant.
Anita Z.
How do you screen an STR tenant ?
25 December 2024 | 22 replies
ask them to confirm they understand your policies (no parties, no extra guests that aren't included in the reservation, etc.) before accepting their reservation request.
Ryan Williams
Pay off Primary or Buy Rentals?
18 December 2024 | 23 replies
Make sure to also include in your calculation all the associated costs of those homes (maintenance, cap-x, management, vacancy, etc) then include the selling cost of the home since the appreciation isn't unlocked until you sell the home.
Rick Albert
Water Submetering in Los Angeles with ADU
12 December 2024 | 17 replies
Including the full cost of water in the rent will make the unit harder to rent.
Julio Gonzalez
Cost Segregation Reclassification Percentages
11 December 2024 | 2 replies
The typical clients that seek out cost segregation studies include:Real estate companies that buy and sell multiple properties each year.Individuals with a portfolio containing investment properties including apartment buildings, multi-family homes and even single residences.Franchise owners with properties that are similar to one another such as assisted living facilities, storage facilities and golf courses.Business owners of hotels, food facilities, shopping centers, restaurants or manufacturing plants.It depends on the type of property, but generally 15-45% of the building’s costs can be classified into assets with a shorter life.