Ugo O.
Calculating ARV and the 70% rule
12 December 2024 | 7 replies
Just go through them, select the renovated/closely matching ones, and enter them into a model.Here's my fix & flip model, you can see the comps entered and some quick stats below them: Then I use that comp data to adjust the Sale Price in the model to what I estimate it will be (double check the resale $/sf is in-line with the comps), then adjust the purchase price until I hit my desired return level.
Eric Lowe
Cost Segregation Study - SFR
10 December 2024 | 13 replies
Brian Davis: @Eric LoweThere's a company called Rental Property Refund that does cost segregation studies virtually, based on self-reported data from you.
Michael Plaks
EXPLAINED: should I trust all those "End-of-Year Tax Saving Tips"?
24 December 2024 | 6 replies
Fourth: even if the entire deduction is available, it results in much smaller automobile deductions in future years and extra taxable income when you sell the vehicle or trade it in.
Jennifer Fernéz
Let's say you have $80K in your savings account...
19 December 2024 | 82 replies
Put a lock on the door between the extra bedroom and the main house for security and rent it on Airbnb.
Marcus Auerbach
Why getting into real estate primarily for cash flow is wrong - and even dangerous
10 February 2025 | 121 replies
I just saw new data from ATTOM that 39% of homes in the US are free and clear.
Jaša Rot
Arbitrage in private lending
19 December 2024 | 13 replies
I had large payments on my personal loans due and extra money going out to finish the project, not ideal.
Guillaume Vidallet
Setting up LLC in my State or out of State
17 December 2024 | 11 replies
This structure simplifies management, centralizes ownership, and provides an extra layer of liability protection.Tax-wise, the state where each property is located will still require income tax reporting and LLC fees.
Dan Sundberg
Advice on running numbers in Michigan/Grand Rapids
13 December 2024 | 7 replies
Winter doesn't bring too much extra cost as long as the home doesn't have outdated appliances and has sufficient insulation.
Satyajeet Dodia
Is my Entity Structure overkill ?
20 December 2024 | 28 replies
As I understood that allowed me to have an extra layer of liability protection.
Paula Simpkins
Locating Landlord--Is this CRAZY to far?
17 December 2024 | 9 replies
You're not going to get extra points for knowing how to google me.