Sam Evrard
How to analyze different locations
12 January 2025 | 4 replies
With the exception of some small markets in the Southeast, places like Cleveland are the only major metro areas where a regular investor can find cash-flowing assets with a mix of appreciation.
Dena Sommers
Partial Owner Financing Question
15 January 2025 | 2 replies
Your best/safest bet would be a regular lease combined with an option to purchase.
Julio Gonzalez
Is my property a good candidate for cost segregation?
17 January 2025 | 2 replies
This is due to bonus depreciation which allows taxpayers to deduct 40% of qualifying property costs in the first year, in addition to regular depreciation for new construction and improvement.
Bob Asad
When Doing a Comp, Do you Analyze Foreclosures Too?
7 January 2025 | 1 reply
Let's say there's 3 properties in a 1-mile radius with 5b/3b, but one is a foreclosure and the other 2 are regular conventional sales.If you're doing a comp for your subject (4th) property, do you have to take the foreclosure one into consideration?
Vanja Dimitrijevic
Cash out refinance primary residence to buy another
8 January 2025 | 8 replies
It's worth comparing terms between your current lender and others to see who offers the best deal in terms of rates and fees.Purchasing a Property: Whether you purchase through regular listings, an agent, or an auction depends on your risk tolerance and expertise.
Rafael Valdor
Are there red flags in PM agreement?
20 January 2025 | 2 replies
If it's beyond the regular duties, then yeah, a fee for his time is valid.
ZZ Song
Any experience with Prime Corporate Services?
20 January 2025 | 31 replies
That’s half the cost of Prime’s reduced rate.2nd, like everyone is saying, the cost of setting up and LLC is less than $100… closer to $50… if you just do it yourself through the state (not complicated).3rd, if you want someone to help you draft your operating agreement, hire a local real estate attorney and it will be significantly cheaper than $1660… probably cheaper than $550.4th, if you want someone to do your taxes and help you get your max deductions - talk to a CPA who specializes in real estate and they can review your operating agreement to see if you’re setting yourself up properly, and they can do your regular taxes… and be cheaper than Prime. 5th, a separate CPA can work with you regularly to review your investments and strategies to determine good tax strategies as you look to execute any deals. 6th - don’t lock yourself into a crazy subscription model before you start making money!!!
Christina B.
Long term: keeping an eye on the RealPage lawsuit
13 January 2025 | 4 replies
And while yes, no one has the same pricing (combination of factors), I also continue to check on a regular basis our rankings and how we "present" on total costs per stay vs. our competitors.My gut says there is price creep and we might have a ways to go before the market really corrects.
Angel Santiago
Property Manager South Florida
14 January 2025 | 8 replies
I'm the VP of a roofing company in South Florida and work with a few good PM companies on a regular basis, a lot of bad ones too.There are good and bad PMs in each of those companies.
Patricia Andriolo-Bull
Stessa - 179 deductions
10 January 2025 | 12 replies
You are tagging and categorizing the CapEx items correctly or are they going to "regular" operational expense?