Eric Lopez
Estimating Operating Expenses
19 December 2024 | 3 replies
Hi Eric,Great question—estimating operating expenses can definitely be tricky, especially for items like maintenance, CapEx, and make-ready costs that vary widely between properties.
Diego L.
Which type of Trust is better
14 January 2025 | 1 reply
@Diego L.That's a loaded question that is difficult to answer on a public forum.
Chris C.
Anyone have experience with Elite Funding Group LLC
10 January 2025 | 16 replies
Also, as fyi, the load amount is for $487,500 (I'm not entirely sure if that would fall under a large transaction category).Yup I would say there is a good chance that you front the 7500 and don't get the loan..
Dean Sexton
New to real estate investing. Quick question
14 January 2025 | 4 replies
By all means give them a note on how to use all of the appliances (eg clean out the lint trap on the drier after each load, do not use dish soap in a dishwasher, change the furnace filter regularly, etc).
Josh Buchanan
Any reviews of RentRedi?
19 January 2025 | 51 replies
While the RentRedi's loaded with various toggles/buttons and affordable given the all-you-can-eat pricing, the interface is still very elementary and lacking in usability/design, which is often overlooked as a key determinant of whether your team actually adopts and fully leverages powerful management solutions like these.
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.
Guan Hong Guo
Income Criteria for Multiple Occupants
15 January 2025 | 10 replies
The first applicant will eventually get tired of his free-loading friends and problems will ensue.
Don M.
First time with new construction: Cape Coral, FL
19 January 2025 | 202 replies
"load" of dirt is a little vague. make sure you have cubic yards measured with tickets or ask for them. 6 axle trucks can take 15-18 yards
Spencer Ware
Retired NFL Player 2x SB Champ
16 January 2025 | 37 replies
The biggest thing is vetting the operator as they ultimately drive the returns.
Aaron Kuehmichel
Who pays when Tenant requests 220 volt electric dryer hookup; 110 and gas provided?
29 December 2024 | 13 replies
(Gas are more expensive to buy, but cheaper to operate.).