Grace Galang
Sale vs keeping property advice
25 July 2024 | 5 replies
Only way around it is a cost segregation study which most investors rarely do for residential RE on a small scale.
Ty Clemmons
Hard money loans
25 July 2024 | 24 replies
Many hard money lenders require 30-40% of the project costs as a down payment.
Nancy Durso
Why Use OPM (Other People's Money)?
26 July 2024 | 2 replies
So the OPM thing does exist, but it requires the organizer to pitch people on a fixed APR with interest only payments disbursed monthly.
Joshua Awodele
Connecticut Section 168k Limitations
25 July 2024 | 10 replies
For reference, see: https://portal.ct.gov/-/media/drs/publications/ocg/ocg5bonus...Is there an exemption to this rule or can bonus depreciation from a cost segregation study be applied via a different IRC code?
Chad Gray
Questions about purchasing first commerical (office) space in Raleigh NC
25 July 2024 | 2 replies
Hello All,I'm under contract to purchase my first office space in Raleigh NC and was curious if anyone has any commercials properties in the area whose brain I can pick.I have a few questions on things such as best entity to buy it under, insurance policies, having a cost segregation study completed, etc.
Frank Yaccarino
Del Walmsley lifestyles unlimited
26 July 2024 | 25 replies
It was an extra $13K (up front), and $3K/year renewals afterwards.Having experienced what we and 500 other investors have experienced over the past several months -- i.e., being taken to the proverbial cleaners by a syndicator who was once a LU member but decided to quit and go bat-**** crazy -- I'd never join again if I had the knowledge I do now that their sacred "white paper" (rules for syndicators/GPs/"leads") has absolutely no teeth, and that they do not stand behind the passive (limited partner) investors once something goes awry.
Sean Graham
Stowaway Self Storage
23 July 2024 | 0 replies
Store with us month-to-month, and we’ll invoice you on the same day each month.
Steve Juba
Experience with Melio Payments: BAD--Anyone else?
26 July 2024 | 1 reply
In short, their horrendous customer service and business practices cost me 5250.00 USD.
Cade Haskins
Fix and Flips in VT & NH
26 July 2024 | 5 replies
I’m in northern New Hampshire and the only meetup I know about is monthly in Manchester.
Arron Paulino
Typical Rehab Budget for Live-In Flip
24 July 2024 | 10 replies
If you get into needing electrical work or plumbing costs rise considerably.