![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/182136/small_1728924093-avatar-scotttrench.jpg?twic=v1/output=image&v=2)
22 November 2024 | 13 replies
I can't speak to the Denver market since I'm in DFW, and obviously can't speak to the specifics of your building since there are so many varying factors.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/4218/small_1621346939-avatar-bpclark0911.jpg?twic=v1/output=image&v=2)
21 November 2024 | 14 replies
Often you can do large lot sizes vary cheaply but smaller lot sizes require a much more stringent permitting and approval process and significantly more money.It might impact your decision on what you develop.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/713821/small_1736814580-avatar-georgef33.jpg?twic=v1/output=image&v=2)
18 November 2024 | 8 replies
Part of me doesn't even want to mention the question of who is paying for the W/D utilities but I need a way of discussing this and making this fair given it's shared and usage could greatly vary.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2751150/small_1738198343-avatar-olgan14.jpg?twic=v1/output=image&v=2)
15 November 2024 | 11 replies
The information contained in this post is not to be relied upon.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2720650/small_1737245929-avatar-valbowman3.jpg?twic=v1/output=image&v=2)
20 November 2024 | 13 replies
I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).
19 November 2024 | 28 replies
Obviously, the condition of these varies with price, but if you're willing to put the money into them to update them, this could be a great strategy.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1775668/small_1651945373-avatar-joes731.jpg?twic=v1/output=image&v=2)
26 November 2024 | 44 replies
Not you, not me, not anyone.If you’re relying on your ability to predict when or if someone will become motivated, then yes—it will be ridiculously hard to generate leads.But if you do it right…And let motivated sellers come and find you…How on earth is it hard?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3119902/small_1726512403-avatar-recostseg.jpg?twic=v1/output=image&v=2)
13 November 2024 | 10 replies
While the IRS does not mandate a physical site visit, the IRS cost segregation audit technique guide (ATG) does suggest conducting “field inspections.”It’s important to note that the ATG is not an official IRS document.It serves as a guide and cannot be used, cited, or relied upon as an authoritative source.However, the recommendations in the ATG are worth considering.According to the guide: “A field inspection is recommended to document the physical details of the building, type of construction, materials used for construction, the assets contained in the building, the size and types of building systems, and any land improvements that were included in the purchase of the property and the condition of that property at the time of purchase.”So while the IRS does not require a site visit for cost segregation studies, following the guidance from the cost segregation audit technique guide can be beneficial.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3004923/small_1713977663-avatar-timt310.jpg?twic=v1/output=image&v=2)
15 November 2024 | 1 reply
Different platforms use varying data sources, algorithms, and criteria for comps, so discrepancies are common.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1076590/small_1694567219-avatar-gloriac21.jpg?twic=v1/output=image&v=2)
15 November 2024 | 7 replies
The information contained in this post is not to be relied upon.