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6 September 2024 | 11 replies
Yes, it is possible to retroactively apply 100% bonus depreciation by conducting a cost segregation study in 2024.
30 August 2024 | 15 replies
Sounds like pricing might be turning off some prospective buyers.
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6 September 2024 | 3 replies
Each rental property is owned by a dedicated holding LLC and a separate LLC leases the properties from the holding companies and rents them to tenants. 1 rental company to many holding companies2.
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30 August 2024 | 1 reply
I'm deliberating whether I should hire my neighbor (he just had leg surgery and walking with a cane) across the street to do construction because if the construction turns out bad, I strain the relationship with the neighbor across the street, and also whether I should hire my neighbor from another place who does the design because I kinda don't prefer he knows where I live (just because if the design turns out bad, I strain another relationship with him and exposes my address of where I live).
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6 September 2024 | 6 replies
@John GonzalezI started out learning creative financing by a guy named Fixer Jay Decimal.
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2 September 2024 | 32 replies
I have toured many and they tend to be janky and your few hundred in cashflow will get eaten by cap/ex.
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6 September 2024 | 8 replies
You need someone with boots on the ground to drive by the property regularly, inspect every 3-6 months, supervise maintenance, etc.
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7 September 2024 | 9 replies
@Tiffany McKinneyI would charge a higher rate atleast 8-9% and balloon it in 5-10 yearsAlso you should have this serviced by a licensed servicer since acting as a servicer could be construed as doing work.
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1 September 2024 | 9 replies
If the seller rejects your offer outright, then you just saved a lot of valuable time by NOT having spent hours on a deal with no chance of completion.
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7 September 2024 | 8 replies
Hello BG Community,I had a question if the new Brokerage agreement fee of $499 can be waived by the real estate agent?