Wiley Hood
Are DIY cost segregations a good idea?
12 January 2025 | 28 replies
Here's a https://www.irs.gov/businesses/cost-segregation-audit-technique-guide-chapter-4-principal-elements-of-a-quality-cost-segregation-study-and-report to the IRS website noting specific items that are included in the cost segregation study report. hmm, that website is a 404 error.
Paul Washington
Look for people to connect with in the Dallas area
20 January 2025 | 2 replies
Worth is the DFW Real Estate Investors Club...normally 2-3 hours including breakfast.
David Switzer
Question about ADA (no one seems to be doing it?)
14 January 2025 | 5 replies
Stairs are the only way to get in, no grab rails in the bathroom, ramps that are too steep, etc.From what I've read, all commercial businesses/buildings (including ones before the ADA was passed) have to comply with the rules, unless it would be outrageously tough to fix (like installing an elevator in an already built building).Are all these local business just not complying and taking the risk, or am I missing something?
Tara Jenkins
The Cycling Mermaid
30 January 2025 | 1 reply
I also worked with a great lender who helped navigate financing options, including my HELOC, to make the deal happen.
Andrew Bosworth
Best current commercial lending options for small/mid-sized apartments?
30 January 2025 | 5 replies
We can also include rehab financing, if there is any value add opportunities with this deal you have on the table.
Daniel Amsalem
Please help keep northern VA STR-friendly
17 January 2025 | 10 replies
"Phase I included 388 responses with over 1,200 comments and suggestions while Phase II included 141 responses and several hundred more comments and suggestions.
Khyree Randall
Wholesaling around a 9-5
29 January 2025 | 5 replies
It essentially includes having a buyer for a specific property BEFORE entering in a contract with a seller.
Lindsey Waltz
85% ltv DSCR
29 January 2025 | 7 replies
I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).
Jessica Young
HOA votes to bylaws change bans smoking but a renters' lease
29 January 2025 | 5 replies
I'm not sure why "within the unit" is not being interpreted to include the balcony.
Annie Anson
How to meet material participation hours for out of state investors
22 January 2025 | 25 replies
One approach that I have not seen included in the discussion is as you are still in the planning phase, you could change your approach and the facts to make it more favorable for your strategy.