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29 August 2024 | 2 replies
For newly constructed, purchased or renovated properties and also retroactive generally over the last 10 years, building components are properly classified into individual units of property and accurate recovery periods for computing depreciation deductions.
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30 August 2024 | 22 replies
You have a separate individual inspect the quality of the clean for each turn?
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30 August 2024 | 16 replies
If the tenant pushes back, you can consider screening the individual and then adding them to the lease.
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28 August 2024 | 3 replies
However, they do have 11years of investment experience under their belt (100's of multi-family rentals, flips, etc) Would this individual have any options for financing more multi-family?
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28 August 2024 | 22 replies
Hi Tomoko,I wouldn't focus so much on the license that an individual has but instead their knowledge and expertise in your specific field of work, especially for real estate.
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26 August 2024 | 13 replies
This is particularly important as I prefer to self-manage properties, and accurate cost estimations are crucial for maintaining profitability.Scalability: These rules help in maintaining a consistent evaluation metric across multiple properties and markets, aiding in scaling my portfolio systematically.That said, I understand that each investment should be evaluated on its own merits and that these rules may not capture the full picture.
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30 August 2024 | 6 replies
If a cash out refinance, many lenders will allow the cash out to satisfy the reserves requirement.DSCR lenders generally let you vest either individually or as an LLC.
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27 August 2024 | 18 replies
This is an internal accounting requirement You can cut a check to any member as a drawing or return of capital, to them individually, that's not an issue.
30 August 2024 | 70 replies
Instead of spending money on education which is available for free, I would attend REI meetings, conferences organized by real estate guys radio, Joe Fairless, crowd converge, New Orleans investment conference etc to network and meet like minded individuals.
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27 August 2024 | 5 replies
Currently, I am in the process of negotiating another commercial building and an additional industrial warehouse adjacent to my initial investment.Looking forward to connecting with like-minded individuals and exploring potential synergies.