14 May 2024 | 8 replies
Property 1: Single familyWorth 20 - 30kNo debtProperty 2:3 familyWorth roughly 60k18k left on a 5 year owner financed deal with about 33 months remainingThe values are rough estimates.
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17 May 2024 | 7 replies
Start with small homes or house hacking to learn and save on costs.
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14 May 2024 | 2 replies
Owed is around $550k, $275k 1st, $271k 2nd, BPO is $295k, both lenders came back with appraisals of $360k (the 1st) and $350k (the second) using nonsense repair estimates when she was in BK recently.
17 May 2024 | 5 replies
There are a bunch of people here that offer their services.I recommend using dropbox to store all the receipts and name the files with the property that it belongs to along with the cost of the expense.
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16 May 2024 | 4 replies
Certainly appliances and fixtures and as far as I understand, other improvements. 7) Regarding a cost segregation study, given my property purchase of 2021 and in-service date of 2022, am I correct in thinking I could still have a study done and use 100% bonus depreciation for 2022?
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16 May 2024 | 9 replies
You may also be required to show 12 months reserves + the downpayment and closing costs.
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15 May 2024 | 22 replies
Again, I'm not local so I'm just taking every cost and push-back on progress at face value.It's $80 per door, per year, plus the one time inspection fee, which I was thinking was $180, but don't recall exactly right now.
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16 May 2024 | 7 replies
There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.
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16 May 2024 | 2 replies
Some will be free...and some will cost.