Christopher Hardy
Part-time Realtor taxes
2 January 2022 | 2 replies
@Christopher Hardy @Jessica DilksIt depends - If your W-2 income has enough withholding to cover other forms of income where there is normally no withholding(Interest, dividends, Business income), then there is no need to make quarterly estimated tax payments.The issue is that the IRS does not to paid once when you file your return.
Doug Cabrera
Refinancing with cash out or just refinancing
31 August 2021 | 5 replies
Estimated value on my property is about 200k, 70k is what is owed.
Albert Aitov
Labor & Materials in Dallas/Fort Worth, TX
24 August 2021 | 1 reply
J Scott’s “estimating rehab costs” is a great book.
Genny Li
Does Stessa have a de minimis safe harbor toggle for capex????
7 November 2021 | 3 replies
How to Estimate Future CapEx Expenses on a Rental Property (Updated 2021) Brandon TurnerReplacement costLifespan (years)Cost per yearCost per monthRoof$5,00025$200$16.67Water heater$60010$60$5.00All appliances$1,00010$100$8.33Driveway/parking lot$5,00050$100$8.33HVAC$3,00020$150$12.50Flooring$2,0006$333$27.75Plumbing$3,00030$100$8.33Windows$5,00050$100$8.33Paint$2,5005$500$41.67Cabinets/counters$3,00020$150$12.50Structure (foundation, framing)$10,00050$200$16.67Components (garage door, etc.)$1,00010$100$8.33Landscaping$1,00010$100$8.33TOTAL$41,100$2,193$182.75
Nir Goldberg
New investor looking for an agent for fix & flip REI in Milwaukee
24 August 2021 | 1 reply
We would like to focus on 3+ bd / 1+ ba / 1000+ sqft in the following neighborhoods:Menomonee River HillsSilver SpringHampton HeightsCapitol HeightsLincoln CreekI would like to connect with an agent who has experience with fix and flip strategy, familiar with these neighborhoods and knows how to estimate repair costs or has connections to contractors who can assist with that.Our goal is to do the first flip this year and take this step forward for additional deals next year.Thanks,Nir Goldberg
John Anderson
How to maximize property value with ADU?
4 September 2021 | 2 replies
It's easy to search on Redfin/Zillow with the keyword "ADU" now.I found some recent transactions data (almost all from second quarter of 2021) in the bay area that might be of interest to you: https://www.redfin.com/CA/Camp...https://www.redfin.com/CA/San-...https://www.redfin.com/CA/Sant...https://www.redfin.com/CA/Sunn...https://www.redfin.com/CA/Sant...https://www.redfin.com/CA/San-...You can see that in all of these cases (whether with detached or attached ADUs), ADU added more value than the estimated construction cost, which shows that building an ADU can be a proven strategy for bay area home owners to not only improve cash flow, but also immediately add equity value.
Atul Kaushal
Inspecting Vacant Home with Evidence of Squatters
24 August 2021 | 0 replies
Not sure if it’s local kids partying there or squatters.I’d like to go with my contractor to estimate the repairs needed.
Patrick Tiedeken
Seller Financing Deal Analysis - Seller Financing Is New to Me!
25 August 2021 | 7 replies
If not, I'd make 100% certain that estimated rent is accurate.The lack of down payment, the interest rate, and the term of the note make me highly suspicious.
Vipin S.
Which floorpan to pick for remodeling?
25 August 2021 | 5 replies
The question I have is this - I have checked with contractors for ballpark estimates.
Pablo Saracho
when comping properties
24 August 2021 | 1 reply
when calculating the ARV of a single family, i know that I'm supposed to look up houses that have sold within the last 90 days or so within the same neighborhood, and no more or less than 200sqft. when doing so, REDFIN and ZILLOW's given estimates don't match each other and don't match the last sold price. what do you do to most accurately calculate ARV?