William J Anderson
Introduction and Seeking Advice on T-12s
27 December 2024 | 8 replies
Because looking at the T12 from a 100 units will be different from 20 units will be different from 5 units in some of the line items (account names).
Julio Gonzalez
Cost Segregation Study Approaches Explained
31 December 2024 | 0 replies
The Detailed Engineering Cost Estimate Approach is typically used for the purchase of used property.SURVEY OR LETTER APPROACHOnce a site inspection has been completed and all components of a property have been determined, your specialist will send a survey or letter to the contractors or subcontractors to request they provide the cost of each of the items.
Aaron Dyson
My Second Property: Investing in a New-Build Home with a VA Loan in Bryan, Texas
19 December 2024 | 6 replies
So I'm guessing it might depend on your state laws and personal situation. and make sure you know of any sticky items that would eliminate the protection you get from the LLC.
Melanie P.
WARNING - Justin Goodin is Operating as Goodin Development
19 January 2025 | 14 replies
We started construction in February 2025 and are planning to start leasing up in Spring of 2026."
Sarah En
First-Time Landlord Seeking Advice on Rodent Prevention and Repairs
3 January 2025 | 3 replies
First, what does your lease say about pest/rodent control?
Abraham Shamosh
Section 8 Questions
9 January 2025 | 4 replies
Also, you need to be prepared to screen prospective tenants yourself and verify vouchers before committing to lease.
Joel Florek
31 units in 30 months at age 24, $70k Annual Cashflow
9 January 2025 | 116 replies
I would hire out a leasing agent and work a bonus structure in that allows for them to exceed the 5% given they beat my planned vacancy number.
Reyna Ayala
How many bank checking /saving accounts are needed as a first time landlord
8 January 2025 | 10 replies
A savings to put deposits and another account for everything elseyou don't need separate bank accounts as accounting software will classify all of those items.
Pamela Rivas
Can foreigners buy Real Estate in Mexico? Legal process explained!
16 January 2025 | 4 replies
This means you can sell, lease, or pass on the property as you see fit, just like any other property owner.Full Ownership RightsYou have the same rights as a Mexican property owner, including the ability to sell, lease, transfer, or mortgage the propertyLegal SecurityThe Bank Trust is a well-established legal mechanism in Mexico, ensuring your investment is secure and protected under Mexican law.Renewable TermsThe trust is set up for 50 years and can be renewed indefinitely, allowing you and future generations to maintain control over the property.Estate PlanningThe trust makes it easier to pass the property on to heirs, simplifying the inheritance process and reducing potential legal complications.Although the process might initially seem complex, it is entirely managed and supervised by a reputable banking entity.
Preethi S.
Difficult Property Management company
3 January 2025 | 8 replies
Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.