Nate Pucel
How do you determine depreciation basis on a renovated rental?
3 January 2025 | 5 replies
@Nate Pucel The depreciation basis for a rental property includes the purchase price plus the cost of renovations and improvements that add value or extend the property's life.
Kendric Buford
Multifamily Newbie - Tips & Feedback (Out of state/Ohio)
1 January 2025 | 12 replies
I've tried to include relative information, without writing a novel.
Peter Wachira
Massive 118% property value assessment increase
6 January 2025 | 3 replies
Another property assessment included another home that had been demoed/removed before we bought the property.
Mike Terry
Port Huron, Saint Clair County and the Thumb Coast of Michigan
25 December 2024 | 4 replies
So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?
Roman Stefaniw
Arms length Mortgages/Private Lending
14 January 2025 | 15 replies
I'm not sure if any also lend in Canada, but you might want to expand your search to include "non-recourse" just in case it leads to some more options for you.
Samuel Gebretnsae
Seller said "He is not required to disclose water damage repair done"
8 January 2025 | 27 replies
I'm a broker in 18 states, and none that I can think of require Disclosure of repaired issues, including NC.
Christy Place
First Flip Attempt
10 January 2025 | 2 replies
, it helps tons when you know someone like your husband that knows how to flip and work on a home himself, a lot of people myself included have no connections at all to flip a home and it could be daunting just thinking about it.Did you get your asking price of $299.633?
Ilir Livadhi
New to the U.S., Experienced Renovator Looking to Start House Flipping
15 January 2025 | 10 replies
I'm also a licensed mortgage broker with a lot of fix-and-flip programs, including some that require as little as 10% down on the purchase price, and provide 100% of the rehab funding.
Trevor H.
How to Appeal Property Tax Increase
8 January 2025 | 6 replies
I am going to talk to my PM about it to see if and how it was done, so if you would like to be included in the conversation or I can let you know, would love to have you there to see how it is done
Brad Kanouse
IRA funds as down payment
22 January 2025 | 21 replies
Loan from a Solo 401(k):If you have a Solo 401(k) instead of an IRA, you could borrow up to 50% of the account balance (up to $50,000).These funds can be used for a down payment, including on investment properties.