Jonathan Chan
How Are You Using your SDIRA?
28 December 2024 | 6 replies
Quote from @Kaaren Hall: @Jonathan Chan our account holders invest as lenders as well.
Julio Gonzalez
Cost Segregation Study Approaches Explained
31 December 2024 | 0 replies
The Sampling Method is typically used for properties with nearly identical blueprints such as fast food chains or nursing facilities.EXPERIENCE OR “RULE OF THUMB” APPROACHThis approach is based upon the specialist’s experience in the industry and their ability to estimate the costs.
Kandice Morgenstern
lease clause for tenant expectations/responsibilities during mandatory evacuations
30 December 2024 | 4 replies
Grocers must eat the loss of their fresh vegetable or frozen foods during a power outage.
Jeffery Jones
Section 8 properties
8 January 2025 | 11 replies
The voucher holder is happy (very limited inventory) and as the landlord I can get a higher rent compared to the private market.
Joseph Beilke
Costa Rica Info
11 January 2025 | 11 replies
Here are the numbers:IncomeTotalPartner ContributionsManaging Partners Debt$0.00Partners Deposits$987,459.99Total Contributions$987,459.99Operating IncomeAirbnb Income$50,186.50Square Income (Vehicles or add-ons)$6,741.04Total Operating Income$56,927.54Total Income$1,044,387.53ExpensesPurchase of propertyCost of House-680,000.00Closing Costs-$26,744.44Total Cost of Purchase-706,744.44Set Up ExpensesHouse Improvements & Care taker home addition-116017.03Adding Tiny House-52130.83Furnishings-68403.65Vehicles-43150Set Up Costs and Advertising-2339.53Total Cost of Set Up-282,041.04Operating expensesCare Takers-14535.9Additional Cleaners-1505Cleaning Supplies-2670House Supplies-1340Landscaping-4230.66Utilities (Power & Water)-8204Internet-315Pest control/fumigacion -120Pool cleaning/maintenance-2220Vehicle Gas-552.3Vehicle Maintenance and Repairs-6625.01Welcome Food for Guests-115Property Repairs-4999.64Bank Fees-1208.06Accounting Fees-1085Insurance-955.74Other Expenses-1071.2Total Operating Costs -$51,752.51Total Expenses-$1,040,537.99Net Income$3,849.54Net Operating Income$5,175.03Now 5k for an investment of 970k is not a good investment.
Helena Goyvaerts
Belgian Investors Starting in Detroit Real Estate – Looking to Connect
2 January 2025 | 8 replies
- Our goal: Learn the ropes and eventually build a portfolio.Looking to connect:- Are you a non-US citizen/ non-green card holder investing in the US?
Kurtis Sargent
First time remodeling project - Learned a lot
28 December 2024 | 1 reply
Over the course of a weekend—and fueled by beer, food, and sledgehammers—we completely cleared out the space.
Chris Seveney
What if Canada Became out 51st State
27 December 2024 | 3 replies
Having lived there a year it is a foreign country and many things are different and culture etc plus you have the native peoples that own huge amounts of real estate and They dont pay income tax and they get food and gas for way cheaper etc etc..
David To
California call for class action lawsuit on Eviction Moratorium
14 January 2025 | 329 replies
Why can't I go into whole foods and steal their food without getting the police called on me?
Duke Butterfield
Sell or Rent? (Self-Manage or PM?), 4 year-old Primary Residence to Rental Property
24 January 2025 | 13 replies
The members of this forum can give you a lot of food for thought, to think of what you don't know:)How many years until you retire?