David Pike
Ashcroft Capital AVAF2 Fund 2 Status - Potential Capital Call?
2 February 2025 | 29 replies
If they paid all cash the could not typically pay the pref accredited investors are demanding to do a deal.They make big fees also on a larger property going in.
Jason Dubon
Small Multifamily - Maintenance/Expense Project
5 January 2025 | 7 replies
Typically, we see anywhere from $600 to over $1000 per unit (maintenance and turn costs) depending on these factors.
Jon K.
My first rental, 11 years later.
2 February 2025 | 2 replies
Typical maintenance and capex, no real disasters.
Bill Goodland
Favorite Tools for Building Distressed Owners Lists
15 January 2025 | 13 replies
It also identifies signer names within the documents, allowing you to uncover the owners behind the ownership entities.Currently, lenders primarily utilize the platform to monitor client and bank activity, but we're exploring options to tailor the tools for investors.
Garry Lawrence
19-Year-Old Closing on First Rental Property – Seeking Advice!
11 January 2025 | 12 replies
I plan to put a $600 utility cap in the lease.
Mariah Volk
A few questions!
31 January 2025 | 4 replies
Recapture typically happens only when you sell the property.If you use the property partly for personal use and partly as a rental in a given year, depreciation and other expenses must be prorated based on the number of days it was rented versus personal useBased on the current tax laws and regulations, once you've taken bonus depreciation on an asset, you cannot "capture" additional bonus depreciation on that same asset in future years, even if the rates increase.In the 2024 tax year, the rate for bonus depreciation is 60%.
Chris Blackburn
Tax credit 45L for a 90 unit or 112 unit project? What should it cost?
22 January 2025 | 1 reply
., 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.
Brook Burns
Tenant Security Deposit Escrow Account
29 January 2025 | 9 replies
I believe you can also utilize an independent savings account, but you should check with the bank to make sure.
Jarret Jarvis
Should You Self-Manage or Hire a Property Manager for Your Chicago House Hack?
31 January 2025 | 2 replies
Let’s break it down.Self-Managing Your Chicago House HackPros of Self-Managing✅ More Cash Flow – Property managers typically charge 8-12% of monthly rent.
Charles Chester
HELP!! Question about LEXISNEXIS
18 January 2025 | 3 replies
Can you share what main use case that you propose to utilize our solutions would be?