Willie J Baxter
Creative financing tips?
9 January 2025 | 3 replies
Those with little to no experience should have even larger amounts of reserves in place before they purchase real estate.
Bob Dole
Cost Segregation -- What is the true benefit of the accelerated depreciation?
9 January 2025 | 32 replies
Quote from @Bob Dole: All,Apologies for the newb question, but I just heard about cost segregation and have been reading up about it online.My understanding is this (and please correct me where I'm wrong):Pros: -accelerate depreciation, front load (vs. just a straight line over 39 years) -save money on taxes because of the depreciationCons: -if I sell the property, the recapture will be larger -not recommended if you flip propertiesSo hypothetical situation:-Majority of our income is W2 based, let's say it's $500k-Net income from commercial rental is $100k-Income from dividends and interests is $100k-Both of us are full time W2, so non-prof real estate (but this can change -- please see below)So we're hypothetically grossing $700k a year.
Jennifer Allen
Triple Net Lease - When to pay property taxes
27 December 2024 | 2 replies
I am paying the property tax bill when it comes due, so that is what shows up on my statement.
Adam Newman
10% down or 20% down???
19 January 2025 | 6 replies
@Adam Newman yeah, not understanding your statements, "I have $50k plus about 7k in the bank" and "take out a loan and go in with 20% from the start?".
Hudson Filippi
Using FHA Construction to House Hack?
17 January 2025 | 7 replies
Most larger communities will have a Homebuilders Association, i would start networking to find a builder that can finance the construction.
Pixel Rogue
Real-estate Exit Plan
8 January 2025 | 2 replies
I'm still in the process of growing my portfolio, but have heard others 1031 all their smaller properties into a larger building and have a property management company manage, OR, set up a seller financing deal with another buyer that gives you the cash flow you desire.
Chris Primavera
Considering first time STR investment in Gatlinburg area, looking for advice.
28 December 2024 | 12 replies
The boom in building was mostly for the larger cabins because of the crazy rents they were getting during covid (even a little before covid actually).
Diandre Pierce
Mobile home park opportunity
12 January 2025 | 7 replies
I just need help on finding a path to get my hands on the capital I highly recommend going and taking @Frank Rolfe's MHP bootcamp but also talk to local banksI second that statement.
Mustafa Shaikh
RAD Diversified Review — It Wasn't Pretty
8 January 2025 | 146 replies
“RAD Diversified has and will respond to and cooperate with any requests from pertinent regulatory and law enforcement entities,” it said in its statement.
Josh Smith
Help me choose amongst 2 SFH tenants!
6 January 2025 | 5 replies
Their income is only 3X rent, they lack credit history, and the household is much larger, which could result in more wear and tear.