Gustavo R.
Avoid double taxation while flipping in Baltimore but residing in Canada
27 September 2024 | 18 replies
Thank youGustavoYour first mistake was setting this up before getting the proper cross border tax advice.
Chris Seveney
Do Not Be This Guy... When $0 down hurts
1 October 2024 | 23 replies
It makes sense, most have no credit, no balance sheet yet possess this desire to own real estate with no proper direction or understanding of the business and this is the unfortunate outcome.
Hilda Cervantes
New to long distance investment properties
28 September 2024 | 9 replies
@Hilda Cervantes PMC and agent are all you really need.They can both find handymen for repairs, just make sure they are properly licensed and insured.
Michael Plaks
EXPLAINED: "Real" cost segregation vs. DIY cost segregation
30 September 2024 | 9 replies
The use of actual cost records in this approach contributes to the overall accuracy of cost allocations, although issues may still arise as to the proper classification of specific assets.
Audrey Harrell
Cash Buyers in Detroit
27 September 2024 | 2 replies
@Audrey Harrell if a wholesaler actually has a property at a good price and prsents it the proper way, they can advertise it alnost anywhere and buyers will find it!
Darrick Lowe
How to split heat and hot water amongst tenants?
27 September 2024 | 14 replies
Also they remove the need for a chimney and individual water heaters since the exhaust is essentially moisture. our HVAC does most of their work in the city if you want contact info- He's installed 3 for us just this last year lol In basic terms It would involve:-Permits / approval-Additional Meters X 3 (all thru UGI, they coordinate with contractor)-3 additional units to accommodate each apartment.
N/A N/A
HOMEVESTORS What do you know?
30 September 2024 | 26 replies
I, like many others, was VERY skeptical about buying a franchise until I had completed the proper due diligence.I'm very happy with my decision to buy a franchise.
Nabin Budhathoki
Leverage available capital
28 September 2024 | 4 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
Colton Kotylo
Getting Out of The Contract
6 October 2024 | 49 replies
This is not the proper advice.
Matt Mastrelli
Own my first deal (NJ), trying to decide to flip or hold: numbers included
29 September 2024 | 12 replies
If you leverage the state properly you can attract very good tenants that pay high rent.