
31 December 2024 | 0 replies
As this approach uses very little documentation, it is the least reliable methodology in preparing a cost segregation study.To see all of the steps included within each method, refer to Chapter 3 of the IRS Cost Segregation Audit Techniques Guide.What methodology has your company utilized?

27 December 2024 | 6 replies
Required again as of 12/23/24 Appeals Court:"In light of a December 23, 2024, federal Court of Appeals decision, reporting companies, except as indicated below, are once again required to file beneficial ownership information with FinCEN.

2 January 2025 | 16 replies
We have hired a property management company for all three rentals.

30 December 2024 | 2 replies
My mortgage increased earlier this year as my home owners insurance went up due to the company closing and my escrow didn’t have enough to make up the difference so I’m kind of pay check to pay check right now.

22 January 2025 | 203 replies
Tenant quality and demand is generally good and usually there are no issues with proper screening, at least for those with decent properties.But for all of the naysayers on California, keep it up.

28 December 2024 | 8 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases: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.

28 December 2024 | 3 replies
I’ve received multiple quotes from insurance companies (mainly I would obtain the quotes myself).

22 December 2024 | 7 replies
Additionally, there are Facebook groups where you can find some decent help, but there has to be quite a bit more due diligence and vetting with any and all contractors.

29 December 2024 | 3 replies
I just reveled at a companys lead strategy that lead from the website directly to whatsapp.

30 December 2024 | 14 replies
If you can get it at less than 50% of its ARV, you’re probably in a decent place to sell it to an investor, but it’s hard to say without more insights.