Henry Rodriguez
build adu on property or purchase another property ?
14 November 2024 | 10 replies
This amounts to lost opportunity because if you had purchased RE, at the closing it can start producing return. 5) ADUs detract from the existing structure whether this is privacy, a garage, or just yard space. 6) this is related to number 1, but there are many more buyers looking to purchase homes for their family than there are RE investors looking to purchase small unit count properties.
Collin Schwartz
Trading W-2 for Self Management- 0-92 Units in 16 months!
1 December 2024 | 377 replies
To make it simple I make 10% as a mgmt fee of properties that produce about $800k a year in income.
Grayson Grzybowski
Getting Advice with buying Real Estate
11 November 2024 | 16 replies
If you have a lot of equity in your home I would first evaluate if it's possible to leverage any of that equity to acquire another asset that would produce more cash using a home equity loan or line of credit3.
Ryan Leake
Navigating STR Loophole Tax Strategy: Success Stories and Cautionary Tales
18 November 2024 | 47 replies
Those people overlooking what it means to “materially participate”Here’s the Material Participation Criteria:Spend more than 500 hours on the short-term rental businessDo substantially everything for the STR businessSpend more than 100 hours on the activity and no one other individual spends more time than you doSignificant participation activity for more than 100 hours, and your combined activity in all significant participation activities exceeds 500 hoursParticipating in the business for five of the 10 previous taxable yearsPersonal service activity (non income-producing) for three of the previous taxable yearsRegular, continuous, provable participation in the business for more than 100 hoursA Cautionary Tale: The Story of JacksonLet's take a moment to learn from the mistakes of others.
Celia Moore
Anyone have a good web developer they use?
30 October 2024 | 6 replies
Anyone have a good web developer that has room for clients!?
Joe S.
What to do when a contractor pulls a huge number out of the hat after the fact?
11 November 2024 | 22 replies
If $23k is just a “hope and a prayer” then he’s going to have a very hard time producing any CREDIBLE itemized bill.
Cole Carmack
[Calc Review] Help me analyze this deal
7 November 2024 | 3 replies
Rental estimates as in what it could possibly produce?
Sharad Bagri
Columbus and Dayton, Ohio—B or C+ Neighborhoods, where are they?
9 November 2024 | 8 replies
The C areas that produce the most cash flow are Linden, Whitehall, and Hilltop.
Michele S.
How to finance a future Padsplit??
13 November 2024 | 15 replies
Very likely the seller doesn't know the income-producing value of those extra spaces and therefore has not included it in their pricing.
Tar-U-Way Bright
Thoughts on PadSplit
13 November 2024 | 14 replies
You may see a difference if you're selling to an investor that would price it as an income producing property.