.- 2024 almost much every possible repair imaginable was needed among the units, so the headaches and costs were compounded - now the properties are buttoned up for the most part and we'll probably show a loss for 2024 taxes.- We don't cash flow at all because we were bullish on the BRRRRs and also did some flip rehabs using some of that equity and pocketed it years ago. 

Imagine having getting 150,000 points intro bonus for spending 6k in 6 months for Amex or Chase for example.

If they are working with Whalen to get Clayton I would imagine they are hoping to hammer him with a longer sentence.

I have several questions - imagine being able to split up property ownership into tiny pieces or having every transaction out there for everyone to see, all secure and tamper-proof.

I've seen soo many statistics, so many data, so many non-public information where the situation at CRE is much worse than 2008, in 2023.You can't imagine class A San Fran office is valued at below $200 PSF , in Portland even it's less than $70 PSF.

Imagine this is a $500k building.

im new to this just bought first duplex and am house hacking. been keeping up w bigger pockets and before that dustin heiner' podcast. being green, even i know that you never buy/acquire negative cashflow. thats just dumping money down the toilet. second, every real estate guru will tell you never bank on appreciation. thats gambling. home prices are at an all time high, if nything you bank on your property depreciating some and then returning to purchase price HOPEFULLY. you imagine your worst scenarios, lowest rents, longest imaginable time of vacancy, most drastic uncovered repair/situation, over estimate expenses. create your buffers. if the numbers still work then, then you buy. if the numbers work and you casah flow $250+/month i say go for it. it hard to get above that without significant down payments or finding a rare steal. at this time i think best value and only way to guarantee any kind of appreciation is to buy low and rehab. 

There is always a chance that rates will drop, but I would imagine $25K would buy down the annual rate so significantly that you would never see a lower rate offered by a bank so you wouldn't even think about refinancing.

Imagine you bought a property for $2M.The land (excluding any structures) is valued at $400K.Since land is not depreciable in the eyes of the IRS, we subtract the land value from your purchase price to get your depreciable basis.Your depreciable basis is simply where a cost seg engineer starts from when allocating your eligible assets into either 5, 7, or 15 year property.In the scenario above, your starting basis would be $1.6M since your basis = your purchase price - the land value.Having an accurate land value is essential to getting your depreciation/bonus depreciation calculations right.This is the starting point for any cost seg study that you do.

Hey Koren,That's pretty much what I figured as well - can't imagine a realtor (or inspector) gets too far if they're referring poor work.Our realtor suggested Call2Inspect as well so that's great to hear!