
16 September 2024 | 1 reply
Quote from @Wesley Yu: Point him to the law and how he failed to give you notice.If you want to be nice, offer to compensate him for some of the cost, since it is technically your property.

9 September 2024 | 0 replies
If a Cost Segregation Study had not been performed on this $1,200,000 warehouse located in Orange, California that was purchased in 2018, it would have had first year depreciation of approximately $10,225.

13 September 2024 | 16 replies
Here's some guidance on buying your first investment property in Southern California or Columbus, Ohio:Down payment:For investment properties, lenders typically require 15-30% down payment on your first investment15% down is possible with excellent credit (700+ score)20-25% down is more common, especially for multi-unit propertiesSection 8 considerations:Pros:Guaranteed portion of rent from governmentPotential for longer-term tenantsMay be easier to fill vacancies in some areasCons:More paperwork and inspections requiredRent amounts set by local housing authorityPotential property damage concernsOther tips:Research local markets carefully - price trends, rental rates, etc.Factor in all costs - taxes, insurance, maintenance, vacanciesConsider starting with a single-family home or small multi-unitBuild a team - real estate agent, property manager, contractorsHave cash reserves beyond just the down paymentUnderstand landlord-tenant laws in your chosen locationI'd recommend talking to local real estate agents in both areas to get more specific market insights.

16 September 2024 | 1 reply
I'd just like to get a sense of some different scenarios that might be appealing to them, while mitigating my acquisition costs.

12 September 2024 | 6 replies
Can anyone recommend a good, cost effective service?
16 September 2024 | 13 replies
I would also figure out the cost between now and next renewal and where you are related to the market.
15 September 2024 | 3 replies
Hello, Can anyone recommend a broker or a direct lender that I could get a large line of credit from to fund the down payments + closing costs on turnkey investment properties?

12 September 2024 | 6 replies
👋I've been researching Bay City, Michigan, and I'm excited to share some potentially lucrative opportunities I've discovered.

9 September 2024 | 7 replies
I am new to flipping and am looking to get a cost estimate of the following carpentry work.

15 September 2024 | 61 replies
This job should cost me about 1400$ for blown insulation.