
26 August 2024 | 14 replies
I have been beta testing the JP Morgan "Story" platform over the last year, and it has been extremely useful for helping to scale my firm's multifamily investment portfolio.

28 August 2024 | 5 replies
We had to bring on an energy audit firm to test and certify the work before and after construction.Beyond the planning, permitting, and historic reviews, the rest of the project runs as any major renovation projects.

27 August 2024 | 10 replies
If the refund was an additional $1,000, you may have to question if it was worth it.If you did a DIY Cost seg, you likely paid around $600If you went the other route, you likely paid $2,500+The cost to the accountant to prepare the amended return was likely $500+

27 August 2024 | 4 replies
I listen to bigger pockets podcast about 5 hours a day, what else can I do to prepare myself and even make some more money right now?

28 August 2024 | 32 replies
If so, make sure to ask the investors if they would consider sponsoring the deal for a piece of the GP ownership.If this is your first deal, be prepared to give a big chunk of the deal away.

28 August 2024 | 39 replies
In this market, it is important to be prepared and know there will likely be trying times.

27 August 2024 | 0 replies
Sec. 1.168(i)-6(i),” and describing the property.When to Recommend or Decide on a Cost Segregation Studies When a property is acquired using a Sec. 1031 exchange and cost segregation is also considered, taxpayers and their tax preparers should contemplate maximizing the basis to which the cost segregation study can be applied.

26 August 2024 | 5 replies
Did you target a location and find a contracting company first to be prepared before hunting for deals?
29 August 2024 | 70 replies
@Ted Akers yes for instance this would not work well in WA with the excise tax of 1.78% or there about on title transfers.this was a low end deal in GA so it was a normal wholesaler approach I think the guy made 10k on the deal we made a few bucks and they absorbed the one closing costs and transfer tax which was probably nominal I would have to look at the hud.I can see this working in states were double escrows are not allowed any more... or if a wholesaler wanted to put to bed the thought that they are selling re without a license.. you know the wild wild west out there in that industry were basically anything goes until it does not LOL.I am NMLS mortgage banker sitting in the bullpen.. my license is on ICE but I do the CE.. just don't want to have to take the test again incase I want to jump back into doing HML.. so for right now taking title is a clear path.. no securities issues no licensing issues.. etc etc.. and 100% control. the only way I will do this these days.. but then again my clients are well known to me for more than a decade most of them and they are high volume flippers etc... so we have a lot going on...

25 August 2024 | 5 replies
I asked my roof contractor to remove the skylight and replace it with a normal roof as well (which he did a few days back).My tenant is saying to the PM that he is getting medical testing done now due to mold related health issues.