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30 August 2024 | 6 replies
Prepayment penalties- usually 1-5 year terms.
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30 August 2024 | 1 reply
Also, forgot to mention, this house is a hundred years old!
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30 August 2024 | 1 reply
@Injung Kim I've owned rentals in Minneapolis for 21 years.
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29 August 2024 | 4 replies
Mom passed away last year unexpectedly.
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31 August 2024 | 14 replies
I have had some properties there for past 7 years and I'm getting better returns than any of my properties in DFW, Tampa or anywhere else I have similar properties.
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29 August 2024 | 2 replies
After the cost segregation study was performed, this was the new asset allocation breakdown by useful life.Here are some examples of what types of assets are included in each of these asset classes.5 Year Useful LifeSpecialized equipmentCabinets and countersRefrigerators and microwavesSecurity alarm systems and telephone connectionsDecorative wall treatments, ceiling fans and flooring15 Year Useful LifeSidewalks, landscaping and asphalt pavingSignage and site lighting39 Year Useful LifeDoors, walls, roofing and windowsFlooring, drywall partitions and ceilingsEmergency lighting and restroom fixturesPlumbing, HVAC, and electrical distributionThe use of the accelerated depreciation strategy helps real estate investors to reduce the tax liability immediately which therefore increases their bottom line due to the offsetting of income.
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23 August 2024 | 1 reply
Hi everyone,I'm a licensed real estate agent based in the San Diego area, and I'm diving deeper into the world of real estate investing, specifically house flipping and wholesaling.
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29 August 2024 | 3 replies
He said it was because they are calculating interest over a 360 day year, while I was using a 365 day year.
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23 August 2024 | 0 replies
Hi everyone,I'm a licensed real estate agent based in the San Diego area, and I'm diving deeper into the world of real estate investing, specifically house flipping and wholesaling.
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30 August 2024 | 11 replies
I spent spent many, many years as a banker prior to us forming this company during the last crash.