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16 December 2024 | 7 replies
Remember NOI, or net operating income is the basis of market value in rental property.
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12 December 2024 | 3 replies
If the seller is trying to avoid legal issues with the city for illegally operating a property I would get out of that.
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11 December 2024 | 2 replies
The cost segregation studies that typically yield the highest credits and deduction are for properties valued at $150,000 or more or that have lots of added features such as components to operate or high-end custom finishes.
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14 December 2024 | 12 replies
As the owner of Oz Realty, I wouldn’t recommend any other property manager in Toledo to take you on.Most companies don’t allow landlords to use their own contractors for repairs due to internal operating inefficiencies.
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11 December 2024 | 4 replies
Very satisfied with the results, operations and and the ability for both manual and automatic shut off before a leak can cause damage..
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13 December 2024 | 16 replies
They operate in Houston, TX., and Albuquerque, NM.
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11 December 2024 | 3 replies
This question is definitely very location dependent - licensing across state-lines is a tricky thing to navigate so depending on the size of the lender they may operate in one metropolis or all over the country.
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13 December 2024 | 9 replies
Turnkey companies usually handle buying and renovating the property, then partner with a local third-party management company to handle day-to-day operations.
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13 December 2024 | 35 replies
@Kyle Kline“Investing for equity and not cash flow” doesn’t mean “buy properties that don’t cash flow.”To me, invest for equity not cash flow means that the PRIMARY reason to invest is for equity growth and an increase in net worth and NOT cash flow.I’ve been investing for over 40 years and while cash flow is important, it’s not why invest.A property must be self supporting ie produce enough cash flow to cover debt service, operational expenses including repairs and replacements.
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12 December 2024 | 6 replies
I hope you are asking two separate unrelated questions, because there's no point in doing cost segregation for properties held inside your self-directed solo 401k, save for some very rare exceptions.Some of the Bigger Pockets experts who operate reputable costs segregation companies are @Bernard Reisz, @Yonah Weiss and @Julio GonzalezSome of the Bigger Pockets experts who offer Solo 401k administrator services are @Dmitriy Fomichenko, again @Bernard Reisz and @Brian EastmanReach out to them and see if they can help.