4 October 2024 | 26 replies
For example, the layout of one kitchen might lend itself to adding a dishwasher easily.

7 October 2024 | 9 replies
I would definitely tailor the worksheet for your own calculations; for example, I added a "capex" percentage to the sheet as part of expenses I want to account for.

8 October 2024 | 1 reply
Additionally, you’ll need to account for "depreciation recapture"—the depreciation deductions claimed during the rental period must be taxed.For example, consider a property purchased for $310,000, rented for six years, and then converted into a primary residence for two years before being sold for $510,000.

8 October 2024 | 3 replies
what’s an example of buying real estate for cash flow without using any of your own money?

9 October 2024 | 10 replies
If you owe 550k in that example, then you would potentially have access to the 200k up a 750k loan on a 1 mm dollar property.

5 October 2024 | 15 replies
Worthwhile keeping a few fresh fruits lying around?

4 October 2024 | 10 replies
For example - say you're a limited experience owner/operator buying a 30-unit deal in downtown Seattle (a Freddie Mac SBL "Top Market").

10 October 2024 | 28 replies
By way of example, I picked up an oceanfront condo in March for $640K, minimal work needed to be done, only changes for my aesthetic/brand purposes and here they come turn key so only updated what I really needed to (which also gives you an opportunity to cost segregate).

10 October 2024 | 31 replies
A big trick is to do cosmetic updates to max out the rents, for example most deals I sell we raise rents a good 30-100% after paint, new counters, new flooring, paint/replace cabinets.

8 October 2024 | 10 replies
An example of this would be mixing your personal money and LLC money in the same bank account.3.