
31 July 2024 | 7 replies
So if I don’t have established rental income early next year then it’s not a good look, huh?
1 August 2024 | 125 replies
I respected the fact it was one of the first things disclosed to me when we met, when most I believe would lie just to have a place to live.

31 July 2024 | 17 replies
@Franck Armand, as noted by others, unfortunately, you'll have a tough time sourcing on-market cash flow deals in those respective areas unless you intend to put down a significant amount of capital.

30 July 2024 | 5 replies
My name is Tom, and I am an analyst and certified appraiser with TYA Group.I am currently looking to establish connections with wholesalers who operate in Cleveland and its suburban areas.My primary interest is in single-family homes and duplexes.

30 July 2024 | 6 replies
However, deeding is only one way to establish ownership.

30 July 2024 | 4 replies
For me this involves making a lot of spreadsheets, but I will give you the outline.1)Establish risk capacity and tolerance: Capacity=how much can you afford, and tolerance=what you actually feel safe spending2)Use that information to narrow down what is available to buy: The amount will buy you a duplex in PB with 2 1/1's, will also get you a 4plex in Lemon Grove with 4 2/1's3)From there do the research on all of the available units that fit your criteria: This includes, but is not limited to, historical data on appreciation, market rents, historical rental data, and migration trends.4)Don't be afraid to wait for the right propertyI hope that I was able to simplify my process for you in a way that is helpful.

29 July 2024 | 37 replies
Quote from @Nathan Gesner: Quote from @Cody Zucker: I respectfully disagree with you.

30 July 2024 | 8 replies
I would respectfully mention your opinion and findings to them and ask for their thoughts.Keep in mind if you are just now filing the 2022 tax return then penalties and interest could be increasing this number.

30 July 2024 | 23 replies
The goal of an investor is usually to establish the start date as early as possible, not delay it.

29 July 2024 | 0 replies
A cost segregation study is a strategic tax planning tool that separates the assets that have a shorter useful life and can be depreciated over 5, 7 and 15 years from the residential rental property or nonresidential real property that are depreciated over 27.5 and 39 years, respectively.