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7 March 2024 | 22 replies
The ROI on tax tools varies greatly from investor to investor and hinges on several variables, some of which can be objectively analyzed by a real estate tax expert and some of which require some subjective analysis (for which a real estate tax expert can provide valuable context).There are really 2 "no brainer" steps to take to get clarity for an informed decision:1 - Read Michael Plaks' posts about this topic.
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7 March 2024 | 6 replies
If you are happy with your current CPA but unsure if your returns are done correctly / optimized, you may want to consider getting your past 3 years worth of returns reviewed.This will provide you the assurance that they are done correctly.
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6 March 2024 | 5 replies
We’ll have a realtor on the team and set up systems for the contractor team to provide us with video and picture updates.
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6 March 2024 | 9 replies
That’s step 1. step 2 - contact a local commercial broker and ask what the avg cap rate is in the area for SS units. step 3 - use the cap rate the broker provided and the NOI from the docs the seller gave you.
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6 March 2024 | 8 replies
It’s common courtesy to provide plenty of hot water for a dwelling space.
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6 March 2024 | 8 replies
In my experience, relying solely on pictures can be outright misleading, they do not provide insights into the internal structures or the condition of the roof, plumbing, and wiring to say the least.
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8 March 2024 | 121 replies
Asset based lenders / lender to lender financing (those who provide financing to companies for equipment, operations, etc.
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7 March 2024 | 8 replies
Learning from others' experiences and building a network can open up opportunities and provide valuable insights.Given your goal to purchase a cash-flowing rental property, solid financial planning is key.
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6 March 2024 | 2 replies
This bill would provide that, if the Commission on State Mandates determines that the bill contains costs mandated by the state, reimbursement for those costs shall be made pursuant to the statutory provisions noted above."
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7 March 2024 | 1 reply
You can raise rents but there will be different lengths of time that you have to provide notice depending on how long the tenant has been living there.