Jeff G.
What are some warning signs that an area is slipping from C class to D class?
7 January 2025 | 19 replies
Median household income can be an indication of the area.It's not feasible to manage D-class remotely or with 3rd party management and make a profit.
Jason B.
Suburban Chicago: One of the Hottest Rental Markets in the U.S.!
15 January 2025 | 10 replies
I’ve had to widen my search radius to smaller suburbs or target properties needing light cosmetic work to make the numbers work.Value-add opportunities: Adding amenities tenants love, like finished basements or upgraded kitchens, seems to justify rent premiums in this market.Navigating the competition:Be creative with financing: Seller financing or partnering with other investors has been helpful to secure deals when conventional offers didn’t cut it.Work with local agents and wholesalers: They often have their finger on the pulse of off-market opportunities, which is critical in a hot market.For those new to suburban Chicago investing, I’d say the key is finding the “sweet spot” neighborhoods—ones on the rise but not yet maxed out in price.
Alan Asriants
Taking on a major construction project in 2025 - What are some common hurdles?
30 December 2024 | 10 replies
U already noted closest we put NO WIRE closet racks in our finish carpenter does all our closets.. the other thing we do is put a light in each closet on a switch small thing but man do they like that ..
William Nast
Las Vegas Padshare
4 January 2025 | 0 replies
Even though your Realtor might be good and helpful their ultimate goal is to get the house sold and no one will see the vision you have set for yourself, in the same light that you will.
Nadine Wallace
Advice on temporary security cameras during rent-ready repairs on long-term rentals
16 January 2025 | 7 replies
To deter the break-ins you need to have window coverings on all the windows, a light on and not advertise that the unit is vacant.
Aileen Ouyang
Keep or Sell?
2 January 2025 | 9 replies
Cash-flow is for "keeping the lights on" as in covering operational expenses to defend against any need for additional capital investment.
Sharma Parth
Feedback on company Offer Geek in Flint, Michigan?
4 January 2025 | 13 replies
Hey Tyler we hate to hear that your experience was negative sincerely we would have hoped that we could have come to a resolution we know that you and your partner had made a request that we do $800 of work that was unfortunately not in your scope of work at the time we had exhausted $4900 in additional work to ensure the property was to satisfaction which included a new hood range upgraded lvp flooring additional framing new window and a paint upgrade from a single color format to a multi color format and can lighting all of which was never in the original scope and unfortunately when we requested that we do the work you declined I’ve attached before and after videos of the home for reference https://www.dropbox.com/scl/fi/h0ddll4cyp5g5gq12o73s/Video-J... always twos sides to these stories..
Stephen Karathomas
Mobile Home Investing
5 January 2025 | 4 replies
Getting the information takes time and experience but once you have it you'll be light years ahead of others who are just starting out.
Jonathan Baptiste
How to stock your airbnb best practices
15 January 2025 | 15 replies
And I can see why the different offerings (some stock light, others heavily) make sense.
Julio Gonzalez
Asset Classifications for Cost Segregation
7 January 2025 | 6 replies
Non-tangible property includes buildings, land or other inherently permanent structures.I get a lot of questions on which group specific assets belong in, so I put together a list to help.Non-Tangible PropertyBuilding (27.5 or 39 Year Useful Life)Land (Non-Depreciable)Paved Parking Areas (15 Year useful life)Swimming Pools (15 Year useful life)Fences (15 year useful life)Bridges (15 year useful life)Exterior Landscaping (15 year useful life)Docks (15 year useful life)Sidewalks (15 year useful life)Tangible Personal PropertyMillwork or decorative trimCarpetAir Conditioning equipmentShelving, cabinets and display racksAccordion doors and partitionsWall coveringsInterior landscapingNeon or other signsDecorative and business specific activity light fixturesGenerators, machinery and kitchen equipmentWindow treatmentsWhat other questions do you have regarding cost segregation?