Laura Van Lenten
Cost segregation self survey instead of full study?
8 March 2024 | 8 replies
For instance, while it can bolster initial cash flow by reducing tax liability, it could diminish deductions in subsequent years (when the property might produce better cashflow), impacting overall tax footprint, so you need to take into account all that in the context of your short term and long term tax strategy (e.g. if you plan on selling soon, at which time the depreciation gets recovered, or not and planning to hold for a long term/forever/1031, buying more later and creating more depreciation to offset cashflow or not, etc.).The alternative is a do-it-yourself (DIY) or survey option, which costs around $400 to $500 per property (I can do my CSS report in 10min, once I have all the data needed).
Brynanh Sledge
Thoughts on Kris Krohn?
7 March 2024 | 14 replies
Hey I'm just getting my feet wet with real estate, and I came across Kris Krohn and I would like to know you're thoughts on him to see if he's selling dreams.
Evan Bell
Need Property Management for 3 out of state rentals
7 March 2024 | 8 replies
We have no intentions of selling them as they are paid for and in a good location.
Mickey Petersen
LA County 4 Unit Rehab
7 March 2024 | 0 replies
We haven't decided if we want to keep this or sell it.
Luis Morales
Flipping houses 2024
7 March 2024 | 6 replies
Your profit is made on the Buy, not when you sell itDo you agree?
Matt Pierce
InvestorLift Software Feedback
7 March 2024 | 10 replies
All the "deals" are awful, but that's one of the selling points of the software is that it helps to oversell houses.
Jeffrey McKee
Talk about a House Hack! Millionaire living on Galveston Island, Texas
7 March 2024 | 12 replies
Grab value while they are low and sell in a few years.
Erika Sanchez
Wrap around, lease, utilities
7 March 2024 | 2 replies
My realtor told me and the seller the utilities have to stay on their name to avoid the due on sell clause, is this true?
Jordan Northrup
Raising capital for syndications
8 March 2024 | 22 replies
That line "the money will follow the deal" is a great line used in classes to sell.
Paul Sassin
Utilities Not Paid- AGAIN
8 March 2024 | 9 replies
@Paul Sassin Unfortunately, in Metro Detroit, for all cities but the City of Detroit, water bills are tied to the property, not the tenant.So, letting the water bill go to the property and trusting the tenant to pay it doesn't work - as you've found out.Many of the cities won't even turn water off for nonpayment:(Then if owner doesn't pay the past due water, the city sells the bill to the county (+ penalties & interest) and the county puts it on the property taxes.PM us and we can tell you a MUCH better way to handle water bills:)