Jason Porto
Reserve Fund Contributions
18 November 2024 | 12 replies
Set Aside for Major Repairs: Most Cap Ex items have a life expectancy.
Steven Greenwalt
Gator Lending? Why? š
20 November 2024 | 31 replies
I would have never suspected giving somebody who has no money and no experience to buy real estate would not get returnedOh and your payday lending loan is also not securedI remember when I used to drive by stores like this called payday loans and pawnshops - which atleast there you had to give up your Casio watch
Sanjeev Advani
99 Cents Only Closures: Phoenix Retail Market Shifts
13 November 2024 | 1 reply
After 99 Cents Only filed for bankruptcy in April 2024, 28 stores in Phoenix closed, leaving 632,900 square feet of prime retail space available.
Jake Hughes
Cost Segregation Study
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?
Jeff S.
Reserve Studies going bonkers
18 November 2024 | 2 replies
Since reserve studies attempt to forecast replacement costsĀ of items over a 30 year period they are having to recalibrate since the reserves they are now using did not use the latest increase in construction costs.
Sendil Thangavelu
Tenant Eviction case--Ocala, FL
18 November 2024 | 13 replies
If they have not done those two items, there should be no reason why the courts will holdup the eviction.Ā
Marc Shin
best way to set up and furnish an STR from long distance
15 November 2024 | 5 replies
Rent a storage unit in a nearby town, ship all items to storage unit, pay someone to then use the items to furnish the home or make a weekend tripĀ
Nolan Ring
3/3 lenders have no idea about FHA loans
21 November 2024 | 10 replies
Self Sufficiency test is the important item for 3-4 unit FHA homes.Ā
Pat Arneson
Anxiety Over Rehab Costs
25 November 2024 | 23 replies
Even if you try to put a dollar amount next to each item and you don't have much experience, you won't be that far off.
Minnina Smith
Just Starting Out & Have Questions
20 November 2024 | 19 replies
Again, the BiggerPockets store has some books on this topic, or you can learn about it by watching podcasts, reading blogs, and interacting on the forum.