Mark Daniels
Advice on borrowing against a paid off Commercial property to buy an additional one.
18 January 2025 | 8 replies
The bank will put a hold on them, so you can't just draw them out, so don't plan to need them for a while.This will cost you an appraisal on both properties to be performed by that lender.
Julio Gonzalez
Cost Segregation Study on SFH in Iowa
22 January 2025 | 0 replies
A cost segregation study was performed on this single family home in Iowa City, Iowa with a depreciable cost basis of $649,900.
Chris Blackburn
Tax credit 45L for a 90 unit or 112 unit project? What should it cost?
22 January 2025 | 1 reply
Key Details of the 45L Tax Credit:The credit offers up to $2,000 per eligible unit for builders and developers of residential homes that meet specific energy efficiency criteria.To qualify, the units need to meet or exceed certain energy performance levels in comparison to the national model energy code (e.g., the 2006 or 2009 IECC — International Energy Conservation Code).Cost Considerations for a 90-unit or 112-unit Project:The actual cost of qualifying for the 45L tax credit depends on various factors, including:Energy Efficiency Compliance: The primary cost will come from ensuring that each unit meets the required energy efficiency standards, which typically involve energy modeling, certification from third-party energy raters, and potentially upgrading insulation, HVAC systems, windows, and other components of the building to meet the necessary performance levels.Energy Modeling: Typically, you'll need to pay for an energy consultant or engineer to model the building's energy performance and ensure it qualifies for the credit.
Dennis Silver
Real Estate for new investor looking for passive involvement
30 January 2025 | 9 replies
In my own experience, STRs take that most amount of time and have significant variance in performance with seasonality and YOY performance.
Matthew Brown
Syndication: Fairway America Vivo Rancho Cordova - Review
20 January 2025 | 6 replies
The investment itself seems to have been under-performing since the very first quarterly report.
Kevin Waymire
Asset Management Help!
24 January 2025 | 6 replies
Additionally, we have developed templates for tracking key metrics that we require our PMs to fill out weekly.
Mark S.
preREO - First Mortgage Secured by Vacant Property
24 January 2025 | 42 replies
Please ask any additional questions.
Sharma Parth
Feedback on company Offer Geek in Flint, Michigan?
21 January 2025 | 14 replies
I considered suing for non-performance but felt the hassle of doing so would not be worth the benefit.I'm still hopeful and looking in the Flint market, I just would not use them to do so.
Braeden Warg
What to pull permits on
27 January 2025 | 8 replies
They will take the permit fee and send an inspector that will provide some assurance that the work was performed correctly.
Andy S.
Landlord as Additional Insured vs Additional Interest On Renter Insurance in New Jers
3 January 2025 | 3 replies
The landlord should be named on the tenant's insurance policy for additional protection and to assist with tracking compliance.