
19 November 2024 | 11 replies
As for a lot of the "your returns will be better with more leverage" that is typically true if your unleveraged yield is higher than your cost of capital.

17 November 2024 | 2 replies
First and foremost I have tried the typical solution of friends and family.

17 November 2024 | 9 replies
Sales agents typically don't have a lot of experience screening applications.

16 November 2024 | 9 replies
James, from a contractor's perspective I don't typically recommend re-facing cabinets.

12 November 2024 | 8 replies
Tenants typically stay that long because (a) the rents are way below market and they can't give up a good deal, or (b) they are bad tenants who enjoy the freedom of living under a weak landlord.

16 November 2024 | 24 replies
An "owner's title policy" is purchased (typically) by the seller for benefit of the buyer.

15 November 2024 | 18 replies
How it typically works, you would have to come up with 20 percent.

15 November 2024 | 13 replies
Essentially you create a parent LLC with each property in it's own secondary or child LLC.

13 November 2024 | 2 replies
Imagine you bought a property for $2M.The land (excluding any structures) is valued at $400K.Since land is not depreciable in the eyes of the IRS, we subtract the land value from your purchase price to get your depreciable basis.Your depreciable basis is simply where a cost seg engineer starts from when allocating your eligible assets into either 5, 7, or 15 year property.In the scenario above, your starting basis would be $1.6M since your basis = your purchase price - the land value.Having an accurate land value is essential to getting your depreciation/bonus depreciation calculations right.This is the starting point for any cost seg study that you do.

14 November 2024 | 4 replies
Essentially there are investors out there that can build a large enough portfolio with little debt that can cash flow enough for a great life.If you want to scale to many properties then you will want to consider leveraging your existing properties.