Which of the following workshops would you LOVE to attend this November?

Unless your Heloc rate is well over 9%, youre better off just applying your excess cashflow toward paying down the Heloc balance, which will immediately reduce the interest that accrues the following month.

@Gagandeep SinghYou might want to follow the "Deep Dive" series we're doing on our BiggerPockets blog about Metro Detroit cities, City of Detroit Neighborhoods and comparing Metro Detroit to other hotspots investors usually consider: https://www.biggerpockets.com/member-blogs/3094/99854-deep-dive-into-metro-detroit-cities-ecorseOur analysis is a template you can follow for any city.

Another eviction followed.

Assets identified in this study include:Permanent Fixtures: windows, doors, bathroom fixturesStructural Components: Roof construction, drywall, wood framingBuilding systems: water heater, electrical distribution, HVAC, plumbingInterior Construction: Wood flooring, stairs, ceramic tileThis engineering-based cost segregation study included the following methodology:Physical Inspection through a site visitDocumentation review including architectural plans, accounting records and construction documentsA cost analysis which utilizes engineering principles in order to allocate costs to their applicable asset classificationsCalculation of the depreciation schedule using MACRSAs a reminder, bonus depreciation started to phase out in 2023.

I am sorry, but I would run from that syndicatorIt sounds like you lost $13,000 from this investment or at least this property calculated as follows($50,000) + $5,000 + $32,000 = $13,000On top of that, he may have increased your overall tax burden by doing a cost segregation in year 1...

Owner financing is my number one ask, followed by DSCR.  

I have no idea who to follow guidance from and don’t want to get burned. 

In the beginning most of our challenges were just making sure we were following all the guest communicaton cadence, but that was when we did everything manually.We use Hospitable, and it has helped with all of that so really the only piece left for me to automate is rental agreement automation, but I think Hospitable is working on that too.Mike

I’d love to hear your thoughts on the following questions:1.