Studies have shown that the longer a poorly paying or non payment tenant stays in a property, the greater the chance they do purposeful significant damage to the property.  

This is my fist deal, as per recommendation of my studies I'm doing this cash and I will refi when I'm done.

Case Study: Cost Segregation Study on a 6-Unit Apartment Building Overview: A 6-unit apartment building placed in service in July 2021 underwent a cost segregation study, significantly enhancing the property owner’s tax benefits.

I have a few case studies on my site (and YT) that you should check out.

Here are a few tips to help you:- Market Research: Study the local hard money lending market to understand competition, typical loan terms, and borrower expectations.- Loan Structure: Define your lending criteria clearly—interest rates, LTV ratios, fees, and terms.

There is a software that can help determine the true value of the old roof costs that are no longer present, especially if a cost segregation study was not done previously. 

Is it possible to do a cost segregation study this year (2024) and retroactively take 100% bonus depreciation from that cost seg since the property was placed into service in 2022? 

Only pay them after they are out and keys are in your hand.In the future, study the law and figure out how to remove tenants without using the court system.

Most people outside the profession don’t understand the time and capital it takes to make a project come to fruition.Before a single piece of equipment touches the ground, there are years of government meetings, environmental and site assessments, engineering studies, etc.Each step requires significant time, effort, and capital investment.But when done right, it creates a ton of value and transforms communities, which is why I love it.

The median price of all settlements studied was $31,000.