Matthew Chan
Tax Deduction for Appliances before converting to rental property
22 November 2018 | 4 replies
@Matthew ChanIn general, you can't deduct items before putting the property into service.Speak with your tax professional about the timing.
Thomas Wright
Networking in Brooklyn
14 November 2018 | 1 reply
@Thomas WrightYou may benefit from attending a local real estate investing networking event in Brooklyn.More often than not - there will be a wide range of professionals attending the event form realtors/investors/lenders.If you connect with some well - you can exchange numbers and grab coffee/lunch.
Prabhjot Khinda
Commercial Lease Agreement
22 November 2018 | 4 replies
Although I'm a lawyer, I'm not your lawyer, so you should seek separate legal advice if you feel you need it.The bottom line is that they are already in business together and should probably stay that way.If they were to split things up, they would have to transfer the property out of the LLC into their own names and that would cause problems and cost a lot of money.Even if they successfully split it up, neither one of them could refinance and it would be difficult to sell the property without the other one agreeing.They should either keep it in the LLC and live with it, or sell it and split the money and go their separate ways.What they are proposing would make things more complicated, not less.
Will F.
Broward county and SE Florida Apartments
16 May 2019 | 17 replies
Then another guy is seeking a 8 cap in amid west and not have much IRR--perhaps 12% IRR.
Jared Decker
Looking for investor friendly Title company
15 April 2019 | 7 replies
They are super-professional and have always delivered.
Wayne Alward
Niagara Region Ontario Investments
18 February 2020 | 4 replies
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Sean Ade
If you could do your first deal over
14 November 2018 | 7 replies
Two years later, I had to buy a whole new floor because I installed it wrong.The lesson: Do yourself a favor and budget for hiring professionals to do your renovation work
Crickett Rickenbacher
Can I bill for repairs if I do the work?
13 November 2018 | 6 replies
Repairs done by a professional will be billed at the professional rate.Repairs done by Landlord will be billed by the job or as labor plus materials.
Grace Wang
Looking for Property management company in South Tacoma
19 November 2018 | 3 replies
Hi Everyone, We are looking for a reliable, professional property management company for multifamily in South Tacoma, preferably being operated by real estate investors.Your recommendations/thoughts are very appreciated!
Yuzhou Zhang
Bought my first rental property! In Tallahassee - 16% cap rate!
13 November 2018 | 7 replies
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?