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7 October 2024 | 15 replies
The majority of investors, including myself, work full or part time.
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5 October 2024 | 15 replies
Does the Total Revenue include cleaning fee?
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1 October 2024 | 2 replies
Investment Info: Multi-family residential buy & hold investment located a 20-mile drive or 25-minute ferry ride from downtown Boston in the beach town of Hull, Massachusetts, also known as Nantasket Beach.Purchase price: $550,000 in 2016Cash invested: $137,500 from 1031 exchange (75% mortgage)A 14-unit property on a corner lot, and it includes an adjacent lot as well (10,000 sq ft total lot size, double the town median lot size), giving an exceptionally large patio, yard, parking areas front and back, and a storage shed.
11 October 2024 | 27 replies
That includes processing, underwriting, and closing.
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20 October 2024 | 147 replies
Another big issue is now is people (including moderators) form posting the same responses.
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7 October 2024 | 8 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.
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7 October 2024 | 3 replies
If furnished then set up.Decide how you want to handle utilities (included or shared)What kind of roommate do you want - what would your offer look like?
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8 October 2024 | 9 replies
The POH income is in the front half of the deal, vacant land is included in the vacant lots.
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7 October 2024 | 2 replies
Key takeaways include being flexible and open-minded, using house hacking to build wealth, leveraging previous profits and equity wisely, seeing potential in properties with deferred maintenance, and patience and compounding efforts.
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7 October 2024 | 4 replies
I see a few red flags and just want to know if these are typical provisions and I'll be facing a "take it or leave it" scenario with ny intermediary I hire.Please give me your thoughts, my gut says the QI wants overly broad protection from everything and that shouldn't include things like not verifying instructions are from me or for negligence or misconduct.Sample Terms1.