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20 November 2024 | 15 replies
If you are seeking an actual private lender or direct HML (as opposed to a third party broker) for an investment property transaction (not a consumer loan), there are numerous ways to identify them... consider starting your search here: https://aaplonline.com
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19 November 2024 | 3 replies
RTR identified a property in Kenmore, an area they said would soon be transformed by the city.
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18 November 2024 | 3 replies
This gives me access to a large network of skilled contractors, including plumbers, HVAC specialists, electricians, and general contractors.I’ve identified a promising opportunity with an auction property, but I’m unsure how to accurately estimate rehab costs with only a small window to do so.
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18 November 2024 | 4 replies
Newbie here- I haven't identified any specific assets yet but I'm looking at 4plex or smaller.
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17 November 2024 | 7 replies
A cost segregation study looks at the overall building that you purchased and breaks it down as much as possible.The purpose of this is to increase the depreciation expense.Without a cost segregation study, you are depreciating the property over two items(Building and Land).However, a cost segregation study might identify items such as fencing which might be eligible to be depreciated over 15 years instead of 27.5 years.Depending on the year that the building was placed into service, you might be able to take bonus depreciation on certain items.The follow-up question to ask your CPA is will the cost segregation study help me, and by how much?
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16 November 2024 | 3 replies
The hard thing to do is identify, value, analyze, negotiate and place under contract a “deal” meeting wholesalers minimum requirements that also has room for a decent “wholesalers” fee.
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19 November 2024 | 23 replies
Create a simple spreadsheet or written list to compare the features of each and identify the ones that align with your requirements.
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17 November 2024 | 33 replies
I also don't have time to personally manage a complex like that but I have identified a property manager that charges 10% of rent to manage the units.
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17 November 2024 | 1 reply
This strategy identifies components of the property that can be depreciated over shorter timeframes (e.g., 5, 7, or 15 years instead of the standard 27.5 or 39 years).
19 November 2024 | 15 replies
I would have the mold tested by a professional company to identify the TYPE of mold in the house.