Elizabeth Nolan
ROI Questions for Single Fam Flip
30 August 2024 | 8 replies
-Sauna-Hot Tub-Patio/courtyard (large cement tiles on crushed bluestone with lighting, natural gas line to bbq)-Secondary patio off primary suite-Losing sq feet in the primary bedroom to enlarge the bathroom-High grade cabinets-Appliances with cabinet fronts-High end appliances (Viking/Miele instead of GE Cafe)-Outdoor shower (teak box walls with a dry well beneath the footprint)-Wiring for Cat6 to every room-Wiring for surround speakers (or including the speakers that are built into the walls)-Sonos whole-home audio system-Hardwired cameras (with on-site storage) to the exterior of the house-Smart features: thermostats are a given, but how about light fixtures, switches, aromatherapy, fans ... anything else?
Alex Silang
STRs are “riskier” than LTRs
29 August 2024 | 14 replies
When discretionary spending dries up, travel typically plumets.
Derek Bennetsen
Ashcroft Capital Syndication
30 August 2024 | 38 replies
Ashcroft can offer slimmer returns and still have excess demand for their offerings because of... brand.
Irene G.
I have a property in CT but live in CA, where should I open the LLC?
28 August 2024 | 4 replies
California charges a minimum tax of $800 a year per LLC, and more if you have gross receipts in excess of $250k.
Adam Guymon
Starting Out, help! Very unique situation.
29 August 2024 | 6 replies
You should only consider switching when your current software has a significant flaw or lacks features that force you to spend excessive time on workarounds.
Jeff Vasishta
Buy, Renovate and Hold in Pittsburgh
27 August 2024 | 1 reply
You can take advantage of bonus depreciation and accelerated depreciation deductions to offset your passive income.With the 1031, you might have excess basis which is eligible for bonus depreciation.
Chryl Williams
NY Section 8 & City Fheps vouchers
26 August 2024 | 2 replies
We get about $900 in excess.
J.C. Martel
Debt Service Coverage Ratio (DSCR) Loan w/ 10% down
26 August 2024 | 5 replies
You may be able to find 15% down but even that is VERY hard to get and with the changing lending climate could completely dry up.
Jason R.
Banks willing to open accounts for a cell in a Series LLC?
27 August 2024 | 18 replies
Any excess amounts in the master are then assets or liabilities or capital of the master which are noted on its books.
Jeannette Albiez
Tenant damage costs more than deposit and exceeds small claims limit
25 August 2024 | 7 replies
You waive the excess.