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26 November 2024 | 6 replies
@Paul Bogard going to assume you are buying this proeprty to live in while you "house hack".First, you should understand +95% of real estate agents ONLY know how to sell owner-occupied properties and are almost useless for investors:(Find an agent that has rental properties themself or can PROVE they've got successful repeat investor clients.Secondly, you can greatly improve your cashflow by renting out your other bedrooms.
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7 December 2024 | 150 replies
Further, he can improve the real property to realize a higher sale price.
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22 November 2024 | 7 replies
I have made 30 videos on how to do things and put them on a YouTube page for our tenants, sent it out on an announcement, etc.
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14 November 2024 | 0 replies
I’m trying to get a better understanding of the unlevered IRR hurdles SFR / BTR investors have for value-add improvements.By "value-add improvements" I’m referring to upgrades made to a property that increase rent or purchase value, often including kitchen remodels, bathroom updates, solar and other energy efficiency improvements, fresh paint, a new garage door, finishing a basement, adding a deck, and updating flooring, to name a few.I’ve been hearing a lot of different reactions to this question the last few months.
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25 November 2024 | 7 replies
For tax purposes, remodeling costs like the kitchen and flooring are considered capital improvements and depreciated over 27.5 years.
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21 November 2024 | 1 reply
We have also completed some exciting improvements including retyring a boiler for heat/cool ductless mini-splits and 9 units being electrically updates.
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25 November 2024 | 16 replies
I got a lien on the house they were flipping, all looked good on paper, then I found out they were using my $60K to improve their personal house!
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26 November 2024 | 16 replies
Hopefully we get the latest water bill version through the state assembly this time to improve this.
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26 November 2024 | 11 replies
Ideally doing some value-add improvements during that 1yr.
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26 November 2024 | 22 replies
.: Quote from @Chris Seveney: @Dana YobstBlows my mind how he is out there still teaching classes and going on as nothing happened but it sounds like these debts are not getting substantially paid down.As many of us know, one of the main reasons he's able to continue on is with the help of this other self proclaimed criminal https://weclosenotes.com/ep-nc-03-protecting-yourself-using-a-corporate-veil-with-aaron-young-from-laughlin-associates/ Using a remote entity to limit liability is a life blood of insuring investment into all types of job creating, life saving and life improving business development.