Julio Gonzalez
Cost Segregation Reclassification Percentages
11 December 2024 | 2 replies
The typical clients that seek out cost segregation studies include:Real estate companies that buy and sell multiple properties each year.Individuals with a portfolio containing investment properties including apartment buildings, multi-family homes and even single residences.Franchise owners with properties that are similar to one another such as assisted living facilities, storage facilities and golf courses.Business owners of hotels, food facilities, shopping centers, restaurants or manufacturing plants.It depends on the type of property, but generally 15-45% of the building’s costs can be classified into assets with a shorter life.
Gavin Wright
GA Real Estate Attorney
14 December 2024 | 2 replies
Just food for thought if you cannot find one in that direct vicinity.
Maegan Quaife
To Sell Or Not To Sell
16 December 2024 | 1 reply
(I also had to come to CA for health reasons, so I am not sure if that is an exception)- If I use any of the above, can I use a portion of the money to pay off personal debt?
Jeremy Dugan
Apsiring RE Investor // Western, MA & Northern, CT
9 December 2024 | 4 replies
I'm an experienced project manager with hundreds of cradle-to-grave efforts under my belt, including building project scopes and budgets, evaluating contract proposals, and managing construction to maintain the delivery of high quality products on-time and in budget.Penny is a licensed clinical social worker (LCSW), serving the community mental health needs of parents, children and families.We both recognize we have an immense opportunity to serve our community and want to capitalize on the blessings we have been provided so that we can continue serving our neighbors.My wife, Penny, and I are looking to transition into commercial multi-family real estate in 2025.
Itay Heled
Anyone use Furnished finder leads of individuals for an entire house?
16 December 2024 | 18 replies
Health professionals are generally looking for 1-2 bedrooms and even travelers in other professions look for that size unit.
Nicholas Haubner
4-family to 5-family with owner occupied unit
24 December 2024 | 4 replies
Health and safety inspections don't seem to care much about zoning or permitting issues.
Jeremy Beland
A Hard Lesson Learned from Our 2022 "Scary House" Flip
16 December 2024 | 14 replies
The owner, a family member of one of our buyers, inherited the property through probate, but they weren’t equipped to handle the renovation.The house had been left in disrepair for quite some time, with the previous owner struggling with mental health issues.
Rita Medeiros
Section 8 & mice what are the expectations. Give me your opinion
12 December 2024 | 20 replies
Key: cleanliness, keeping food contained and not leaving pet food out, exclusion (blocking holes where rodents can enter), keeping vegetation away from the building.If it becomes a serious problem or infestation, then call in the pros.
Scott MacComb
Contract with general contractor on house flip
21 December 2024 | 11 replies
Just food for thought- It's not always in your best interest to provide all of the materials, negotiate too hard, refuse to pay a deposit, etc.
Albert Johnson
Can a tenant break the lease for health issues?
20 November 2024 | 9 replies
Quote from @Albert Johnson: Tenants never complained of a health issue.