Timothy Eaton
Questions regarding a multi-family deal in the spokane area.
16 January 2025 | 3 replies
I can disclose the property address and details if you would like to chat.
Jim Lynch
Minimum "boxes to check" for tenant screening, assuming you are self-managing
31 January 2025 | 6 replies
Here's a detailed guide on how to screen applicants: Application Screening Guide
Michael Velez
Beginner Real Estate Investor
24 January 2025 | 13 replies
As far as meetups, CIREIA is a great group - I am going to another investor meetup next Wednesday that I will PM you details.
Niklas Zhu
Cost segregation recapture on a teardown property
31 January 2025 | 3 replies
If a cost segregation study was performed, the accelerated depreciation may further reduce the property’s basis, potentially increasing taxable capital gains when sold.Depreciation recapture will occur when you sell the personal residence, so it’s essential to keep detailed records of all depreciation claimed while the property was used as a rental to ensure accurate tax reporting at that time.This post does not create a CPA-Client relationship.
Christian Solis
Choosing my business entity
31 January 2025 | 4 replies
Since fix-and-flip income is classified as active income, taxed at ordinary rates, this setup helps minimize overall tax liability.To protect both members, draft a detailed operating agreement outlining roles, ownership percentages, profit-sharing, and an exit strategy in case the business dissolves.
Michael Magno
RAD Diversified Lending out of Baltimore?
29 January 2025 | 8 replies
I asked if I could pick the title company and they said they would do it and call me back with the details.
Tomoko Hale
A possible first STR property?
28 January 2025 | 29 replies
Thank you for the detail information this is very helpful.
Jake Andronico
Just met w/ a developer - housing affordability may get much worse.
27 January 2025 | 23 replies
Explore detailed population growth statistics at the Federal Reserve Bank of St.
Jonathan Baptiste
Any advice on finding dependable contractors
23 January 2025 | 10 replies
To find reliable contractors, ask for recommendations from other investors, real estate agents, or your local hardware store, and check platforms like Angi or Thumbtack for reviews.It’s best to bring a contractor out after the inspection so you have all the details to discuss.
Casey Graham
11 Doors, 13% Stabilized Yield, Town of 13,000?
23 January 2025 | 15 replies
I'll save you the details but...Per door cost: $63,300All in Cost: 700kTotal Revenue: 137k(ish) annuallyNOI: 65-73% (in the expenses we included: insurance, taxes, $75/month per door repair expense, management fee 8%, grass cutting, & a misc fund for random crap business license, etc.)Now...