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Results (10,000+)
Dionte Griffin first deal advice
3 January 2025 | 3 replies
Adding paint and replacing flooring is not going to add much value in the typical case.  
Mark Daniels Advice on borrowing against a paid off Commercial property to buy an additional one.
18 January 2025 | 8 replies
The bank will put a hold on them, so you can't just draw them out, so don't plan to need them for a while.This will cost you an appraisal on both properties to be performed by that lender. 
Micheal Smoke I’m Mike Smoke, a new investor focused on multifamily and Section 8 housing.
31 January 2025 | 10 replies
Would love to hear more about how you plan to scale up your portfolio and any lessons you’ve learned so far!
Melanie Baldridge My opinion: 401K VS RE
22 January 2025 | 8 replies
I have employer sponsored plans that match contributions as well as a solo 401k and I do a backdoor Roth. 
Karin Recalde Purchased property listed and sold as a triplex just found out from city it is a SFH
17 January 2025 | 27 replies
They found it out, andI had to go to the planning board and zoning board, hire an engineer and architect to make the fourth unit legal.In my opinion, the realtor should have verified the zoning, and if you used bank financing, it's pretty rare for the bank to miss it as well.You are probably going to have to hire an architect to draw plans and to get it approved as a triplex.I wish you luck.
Bob Dole Cost Segregation -- What is the true benefit of the accelerated depreciation?
9 January 2025 | 32 replies
ThanksThere are no plan to sell any real estate in the near term. 
Eli Jerman Taxes for 2024 - First rental property purchases in August 2024
31 January 2025 | 11 replies
A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant specializing in real estate taxation, business taxation, financial planning and tax planning.Consider working with your accountant remotely to expand your options.I would also recommend looking for an accountant willing to work with you throughout the year.
Jeffrey Bourque Found a Deal but Not Sure
27 January 2025 | 7 replies
@Jeffrey Bourque Are you planning to finance this with a local bank or credit union?
Evan Bonnell Mold problem won't go away!!!
31 January 2025 | 6 replies
Instead of continuing to hire remediation contractors you should hire a hygenist to come in, do some testing and provide a remediation plan.
Lee Ouellette Villa Villa Coola
9 January 2025 | 0 replies
I plan on converting the barn into another sleeping space and indoor/outdoor rec room.