Ben S.
Funding to rehab my 10 unit rental property in Maryland
11 November 2017 | 2 replies
Cost segregation typically increases your cash flow by approximately 3-8% of the total cost of the real estate assets.
Sophie Littlefield
My First Deal – How I Accidentally Flipped My Condo
6 November 2017 | 1 reply
My capital gains were only $42,981 after deducting improvement and selling expenses of $38,500.Total after-tax proceeds:510,000 sale price-400,000 purchase price-16,325 capital gains tax-38,500 increase to basis expenses+143,000 gift of equity from Dad=======198,175 Here are a couple of the listing photos after professional staging.
Eisenmyer Princima
Wholesaling a pre-forclosure
6 November 2017 | 5 replies
Make 110% sure that you can complete the transaction (cash, HML, private investor).Set up escrow, and have the title attorney find out the total payoff amount, and to whom it is owed.
Anna M.
Making an offer on an investment property with evident cracking
9 November 2017 | 4 replies
What would be a reasonable discount request on a property looking at structural foundation repairs to include some re-grading to prevent repeat issues, potential mold treatment, window replacement (total 20 windows).I believe in being fair to both seller and myself and I keep hearing and reading (as I went online and started researching this as I wait to get inspection report), I keep hearing that in this market most homes will have some kind of foundation issues and that should not be a deal breaker.What other advice would you give.I do like the home, it has great curb appeal, but I believe in the say, “A home without a foundation is not a home”, so I do want to be careful not to be taking on a home that will leave me stuck with a hefty bill.I plan on continuing to do my research throughout the day as we wait on the inspection report and will eagerly also await any comments that group members can offer to help me make my decision before 12midnight tonight.I hate to lose this home, but I also hate to take a risk that may leave me with a hefty bill down the line.Any comments will be appreciated, good, bad, ugly…… brutal honesty, I will take it all with gratitude.Thanks.
Account Closed
Ayone know of any managing company that will manage e cleveland?
7 November 2017 | 13 replies
Calculate the total cost for a year.
Chris Moore
No compensation for damages, hosts be warned! Anti air bnb
12 November 2017 | 14 replies
Totally agree and I can see if from their side as well, however they should remember we are clients too.
Doug Jennings
example of fair and equtable split between partners
4 November 2017 | 1 reply
For the split just add up the total project cost, compensate for the labor and then take a 50/50 share.
Frank Calderone
Look for financing a mobile home park with 20-25% down
6 November 2017 | 6 replies
Your best bet is likely a local bank.
Kimber Lockhart
Multifamily in Richmond, CA
23 December 2020 | 16 replies
Some areas in the East Bay look completely acceptable during the day, but at night it is a totally different vibe.
LaVonna Shannon
Trying to get started. What would you do?
5 November 2017 | 11 replies
I totally agree with this, but I was also trying to get a first time homeowner downpayment grant.