
23 March 2018 | 3 replies
- refer to the original depreciation schedule but "pause it" so that I pick up depreciaiton as if no years had passed in between rental use (this doesn't sound correct, but it's an opinion I've come across in my research)- start fresh and ignore the previous depreciation schedule, picking the lesser of an adjusted basis (original home purchase value minus land value + improvements) or fair market value minus land valueI have spent several hours looking at IRS publications and searching forums with mixed or no advice.

23 February 2018 | 13 replies
there are a lot of companies that specialize in rehabbing and re position MFR.. they are not just coined turn key or in the turn key space as that term seems to be used for SFR's

20 February 2018 | 0 replies
I ve tried to find such lists online in the hopes it would be public information as most things are today, but had no luck.

24 February 2018 | 7 replies
I would of course immediately call that lender directly (if I weren't myself a lender then I'd have my agent make this call; good agents have strong "the lender is throwing spaghetti at the wall" BS detectors) and drill down on how many 100% CLTV commercial loans said lender has done in the last couple years, and ask for property addresses so I (or my agent) could validate from public records (which takes ~5 seconds for a RE agent or lender to look up).

23 February 2018 | 23 replies
few things come to mind.most that don't take action frankly don't have the capital to take action.. especially in the note space.. were its cash and carry..

21 February 2018 | 6 replies
For all the turnkey investors out there:I'm starting to look into this space and I'm noticing that a post-rehabbed 65k single family house in Indianapolis (sold by Morris Invest) brings you, give or take, $1,000 in rent whereas in Milwaukee you need to spend a post-rehabbed 85k for a single family house (sold by Home Invest) to bring you about $1k in rent.So my question is, if you're after cash-flows, are there any reasons an investor would go with the house in Milwaukee versus Indianapolis?

11 April 2018 | 6 replies
I assumed, being the plumber - that he would do so, he explained that we hadn't mentioned this and he'd have to 'send some guys out'. 5 months later and it turns out the waste pipe from the apartment has been draining into our crawl space as no one connected it.

21 February 2018 | 17 replies
- very easily pulled up in public records (she should be able to pull it up for you while you are together (1 minute)(**********************************The odd thing about it for me is that she is willing to give up $12000 of profit, when she could just put the expenses on a credit card until the home sells, or take a cash advance which would stll be cheaper ******************** something may be off here.

22 February 2018 | 1 reply
We have the land so space is not an issue, but how much more should a single home cost to build over the duplex?
4 April 2018 | 13 replies
That being said you are welcome to use my public portal to look into the MLS for your area (NY agents have access to the whole state MLS).