Damon Silver
ADU on existing duplex property - worth it?
4 February 2025 | 5 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.
Logan Rhea
Thoughts if this property flip Scope of work is too low
23 January 2025 | 5 replies
., HVAC tune-up, plumbing fixes)Deep clean entire property pre-listingEstimated Cost: $5,000Total Estimated Renovation Cost: $145,000Project TimelineWeek 1-2: Planning and DemolitionFinalize design and materialsObtain necessary permitsBegin demolition (kitchen, bathrooms, floors)Week 3-5: Structural and Major InstallationsInstall new cabinets and countertops in kitchenComplete bathroom tiling and vanity installationRefinish or replace flooringWeek 6-7: Painting and FixturesPaint interior and exteriorInstall lighting, hardware, and plumbing fixturesWeek 8: Finishing TouchesLandscaping and curb appeal updatesDeep cleaning and stagingTotal Timeline: 8 Weeks*This link comes directly from our calculators, based on information input by the member who posted.
Cole Starin
Six Unit Multi-Family BRRRR
24 January 2025 | 8 replies
At that time I'll attempt to structure a 10 year term unless I consider a shorter hold period in which I'll negotiate the lowest rate possible to fit a shorter term more closely matching my remaing hold timeline.
Melissa Stanley
Starting with a Friend (LLC?)
28 January 2025 | 6 replies
However, with your high W2 income and your partner’s weaker credit and cash flow, you might need to structure the agreement carefully.
Marembo Alexandre
New member introduction
21 January 2025 | 13 replies
I've been using the BRRRR method more recently with some success.
Brian Willie
Selling Property Owned Subject To On Wrap-How To Structure?
29 December 2024 | 6 replies
I want to sell it on a wrap but not sure how to structure the deal or if there would be buyers for this.
Allison Littman
"Church" Purchase Creative Financing
11 January 2025 | 7 replies
My tax professional is stating that I would need an appraisal to show the lot/structure are valued at $400k if I try to claim $200k as a donation.
Tiffany Palaskas
Sell or keep income producing duplex
1 February 2025 | 51 replies
Whomever will do her taxes when she does sell, (can be done prior, and should be asap) will have to submit a change of accounting method form .....I've had multiple clients that never took depreciation and when they sold, we had to fix it...doing your own taxes isn't as easy as some tax software companies make it seem
Matthew Samson
Primary Residence Sale -- $1.65mm appreciation -- How to Minimize Capital Gains?
30 January 2025 | 24 replies
And actually, if you structure things properly you shouldn't have to worry about the tax implications at all.
Marisela Arechiga
To ADU or to Purchase Another?
14 January 2025 | 8 replies
Add the financing challenges and that you existing structure likely will become rent controlled.