Elizabeth King
Does my property have to be in LLC to benefit from real estate tax advantages?
2 January 2025 | 10 replies
Rental income and expenses, such as mortgage interest, property taxes, repairs, and depreciation, can be reported on Schedule E of your personal tax return, regardless of ownership structure.
Julio Gonzalez
Cost Segregation FAQ
31 December 2024 | 3 replies
The study could also identify the opportunity to capture additional benefits such as dispositions, and repair and maintenance expenditures.
Thomas Malone
Anyone experienced with Lee Arnold's system
23 January 2025 | 56 replies
I read on Lee Arnold system . com that joining the inner circle gives access to up to 100% financing on residential loans including Property Purchase Price + Closing Costs + Rehab Costs if that amount is 65% of the after repair value (ARV) as determined by a third party appraiser.
LaTonya Clark
Did it again
25 December 2024 | 6 replies
Amortize your major repairs (roof, hvac, built in appliances) and add an estimate for small maintenance.This feels not terrible to me.
Mike Sfera
When to get a property manager
16 January 2025 | 26 replies
The property manager should be involved before you buy any property to give input on due diligence, how to increase income and reduce expenses, and to make repairs or improvements to maximize occupancy.Excellent property management is critical to your success before, during, and when planning to sell or refinance.To your success!
John McKee
Looking back on 2024
3 January 2025 | 7 replies
The real property investment can be repositioned if it proves disappointing in its original form; it can be refinanced or recapitalized if it has too much or too e pensive debt; inflation over time bales out many bad purchases, and finally the investors knowledge, experience and abilities can be leveraged to turn around a cash flow negative property.I’ll provide an exampleThree years ago we purchased a note from a bank secured by two auto repair facilities with a large amount of excess land.
Rafael Ro
Safe and stable investment: Do I buy rental properties or keep money in a HYSA?
11 January 2025 | 67 replies
Class C and D areas/properties will always cash flow better on paper, but on paper things like extra repairs, turnover, evictions and such are often not taken into account.
Tyler Jahnke
Morris Invest Case Study 2.0
30 December 2024 | 819 replies
Soffit and fascia repair - this does not say replace.
Leah A.
Seller looking for wholesaler
27 December 2024 | 16 replies
Hi Leah, I don't agree with the comments about wholesalers I've helped a lot of people struggling to get out of their properties, especially when realtors are asking them to do repairs they don't want to or can't do.
Marian Smith
How could this deal turn out to be a scam?
30 December 2024 | 10 replies
The property works flawlessly for a year or two with zero repairs/calls/turnover.)