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17 May 2024 | 25 replies
A frustrated sister of mine who was her self appointed power of attorney is angry with me taking care of mom - so using her 32 years of legal secretary experience - to illegally become power of attorney she files a lawsuit to get me evicted claiming $2300 rent due for past 19 months = $43000 - it was overturned for many reasons.
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16 May 2024 | 2 replies
Does anyone have experience getting home inspections done with properties for sale via auction?
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16 May 2024 | 6 replies
Could anyone share their experiences or timelines tracking regarding the initiation and costs of property renovations?
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16 May 2024 | 11 replies
It can be challenging to get condos to cash flow in my experience.
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16 May 2024 | 158 replies
I am interested if anyone has some recent experience with them.
16 May 2024 | 1 reply
Investors - I have 25+ years of public accounting experience in the real estate space at your disposal.
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20 May 2024 | 28 replies
If the property is not depreciable (IE the allocation of the purchase price to land), then it can escape ordinary treatment, but it also isn't depreciable.https://www.thetaxadviser.com/issues/2011/apr/casestudy-apr2...If you find a cost seg provider that legitimately carves out 60% of the purchase price of a building to short life property, let me know who it is My experience is more like 20-30% on average of the building basis from an architect based study unless it is something like a Hotel/Motel or Mobile Home / RV Park.
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16 May 2024 | 3 replies
Any insights or experiences you can share would be incredibly valuable.Are there specific markets that you find promising or challenging at the moment?
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16 May 2024 | 4 replies
So as others have stated experience is definitely a key factor but I feel like across all of these experiences there are a number of inefficiencies at play.However the fact that no investors have responded to my post indicates perhaps I've just had really bad luck.
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16 May 2024 | 1 reply
Since your experience level (1st investment) is very limited, I'd speak with some title companies to get a feel for comfort level in working with them.You'll be asking a bunch of questions (you should!)