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Results (10,000+)
Nia Booker Horrible First Multi Investment Experience - Do I Need Legal Counsel?
25 September 2024 | 8 replies
I’ve lost confidence in knowing that my affairs have not been handled properly and have yet to sign a new contract.
Philip M. Best way to take over 54+ units from my father who is retirement age?
28 September 2024 | 19 replies
If a sale and capital gains the only option, you could look at seeing if he was interested in selling you all his portfolio on an installment sale and then 1031 exchange the proceeds into a private real estate fund. 
Evelyn Randolph How to cover roof repair before purchase
20 September 2024 | 7 replies
I have the funds to pay for the roof replacement, and I would pay for it ahead of the actual purchase, but hate loosing on the tax depreciation on installing a new roof since I'll be paying for something I don't own.
Melissa Finney Brooklyn multi family property manager
24 September 2024 | 9 replies
Take ownership of your mistake and learn to do the proper due diligence recommended above😊
Brendon Wise Am I spending way too much on my CPA?
23 September 2024 | 3 replies
According to them, they are the only company that knows how to properly do business taxes. :)
Sanjeev Advani LL Flooring Joins the Wave of Retail Liquidations: Closing 400+ Stores Amid Bankrupt
23 September 2024 | 2 replies
Even their sales prices didnt seem worth it About ten years ago I would buy my flooring for my rentals from LL and I found it held up well (its still installed).
Chara Hornbacher Balloon balance due what's my best option?
23 September 2024 | 5 replies
We have installed a permitted tiny house on the land, water meter. electric meter (that can accommodate a large house), and a 5 bedroom septic.
Sara Aviv Berger Split and keep the investment property as STR
23 September 2024 | 10 replies
., structuring it as an installment plan if needed).If you can’t find an individual investor, you might look for a property management company or real estate investor group that specializes in STRs.
Srinivas Bondada New Member Help
25 September 2024 | 13 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
Matthew Samson Should I engage a CPA now or wait until we've built up a basic portfolio?
25 September 2024 | 17 replies
I did get one and it has properly organized my books and it sped up the tax preparation process.