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10 January 2022 | 3 replies
Is that different between contractor and inspector and how much cost to hire them to inspect give me report total cost for repair or replace like electrical systems or plumbing or roof ?
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10 January 2022 | 8 replies
Any things I need to watch out for or words of advice for that method?
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10 January 2022 | 5 replies
Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.
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10 January 2022 | 2 replies
Also seller is not interested in Delaware Statutory Trusts at this time.Additionally, cost of structuring and servicing the note are of interest.Since I am not able to give advice on taxes and legal matters, I thought I would reach out here.Thanks in advanceMattDRE 02100289When the gain from an installment sale of the depreciable real property consists of both unrecaptured section 1250 gain (25%-rate gain) and adjusted net capital gain, the taxpayer recognizes 25%-rate gain as payments are received before recognizing any adjusted net capital gain.29 This “front-loaded” allocation method is consistent with IRC § 1(h)(3), which defines adjusted net capital gain as the residual category of capital gain not taxed at higher rates.
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10 January 2022 | 3 replies
@Randell Harris30 years age difference is not a comp unless the older home has had everything brought up to the same standards (plumbing, electrical, roof, mechanicals).
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12 January 2022 | 0 replies
New windows, siding, roof, gutters, front and side porch, landscaping, electrical, plumbing, cabinets, granite countertops, HVAC, etc..
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12 January 2022 | 0 replies
The cost of living in Mexico is quite low and we are able to save about $7k a month.My Real Estate Investing Strategy:I plan to do out-of-state REI.I intend to target distressed multifamily properties (2-4 units) in B - C Class areas.SFHs are acceptable but the numbers appear to work better in multifamily.I would like to utilize the BRRRR method in order to efficiently utilize capital.I would prefer to target higher cash-flowing markets.The end goal is a passive income with buy and hold.My Question:I would like to hear your experiences in the Memphis market and if you would recommend it today for a newcomer such as myself?
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16 January 2022 | 38 replies
They can't see how much work you did behind the walls with framing, quality insulation, updated electrical, super quality craftsmanship on the plumbing.. it matters that you have updated mechanicals and they will quantify it but... what really matters is the quality if your finishing work.
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28 January 2022 | 9 replies
That being said if they want to stay, I would vet them through your normal methods.
17 January 2022 | 5 replies
I would like to use the BRRRR method.