Rene Hosman
I can easily and consistently track my rental property cash flow each month.
5 November 2024 | 29 replies
Remember, no system is perfect, so avoid the temptation of constantly chasing after the next shiny object.
Stephanie Lopez
Advice for a Newbie
2 November 2024 | 28 replies
As a newbie, it is easy, and common, to head down multiple paths chasing shiny bright objects, with many of those paths just leading to time wasting and increased experience in learning what you don't want to do.
Julio Gonzalez
Cost Segregation Study on Small Residential Condo
29 October 2024 | 0 replies
Assets identified in this study include:Bathroom Fixtures: Bathtubs, vanities, showers and toiletsStructural Components: Drywall, wood framing and interior partitionsBuilding systems: water heater, electrical distribution, HVAC, plumbingInterior Construction: Wood flooring, stairs, ceramic tileSmoke detectorsThis engineering-based cost segregation study included the following methodology:Physical Inspection through a site visitDocumentation review including architectural plans, accounting records and construction documentsA cost analysis which utilizes engineering principles in order to allocate costs to their applicable asset classificationsCalculation of the depreciation schedule using MACRSAs a reminder, bonus depreciation started to phase out in 2023.
Kylie A.
What Are You Choosing For Liquidity
29 October 2024 | 21 replies
Anything you do is fine since the objective is not higher return.
Brody Veilleux
House Hacking Combined with BRRRR
29 October 2024 | 24 replies
I know everything may not go as planned but the principle and goal is the same.
Atchut Neelam
Canada real estate
28 October 2024 | 6 replies
A better approach might be to find a REI Association in the area(s) and ask other investors for their recommendations - it's not uncommon to choose a different appraiser depending on the type of property (residential vs commercial MFH vs. office or industrial) and the objective of the appraisal.
Kevin L.
How to raise under market rent for a 4 plex in Bridgeport?
1 November 2024 | 17 replies
The act of raising the rent can make some tenants move out of principle and if you don’t have a large tenant pool, you’ll just lose money.
Edgar Perez
Buying a halfway house / sober living house
30 October 2024 | 28 replies
It also tracks who is in what house and all other resident info I might need, and is absolutely vital to our operation.Each of our houses has a live-in manager who, for free rent, ensures all residents are following a strict set of rules and guidelines that is enforced quantitatively with a points system to ensure objectivity and uniformity between managers and houses.
Casida Caines
HomeTap-Startup equity partners.
25 October 2024 | 3 replies
Standard heloc cost on a 100k @ 5%, 10 year term(int and principle)= 67k in interest.
Ryan Kline
Seeking assistance with setting up Illinois Land Trusts, Illinois LLC, Wyoming LLC
25 October 2024 | 6 replies
It seems your objectives are to save on taxes and protect yourself....but none of what you propose accomplishes either of those objectives.