Taylor Jennings
Bandit Signs: When should I post signs?
12 July 2013 | 5 replies
Hey Taylor :)Like mentioned, you may want to get a google voice number to mask your identity if bandit signs are not kosher in your area.
William Wong
Reference for Turnkey companies: Elite Invest, Memphis Invest
30 August 2015 | 28 replies
Condition and equipment are relatively minor factors.
Jill Herges
Does the 50% rule work?
8 February 2017 | 8 replies
When the roof goes bad, it costs what it costs to replace ... doesn't matter if it is a $50k house or a an identical $500k house in a different market ... doesn't matter if the rent is $600/mo or $3000/mo.
Jeff Minc
Refinancing to Pull Cash Out
7 August 2017 | 38 replies
I owe 360k on it and smaller condos in area are selling for 560k right now, but the last two identical units sold in my complex went for 450k Feb. 2017 and 459k Nov. 2017.
John Vietmeyer
New Lifeproof Flooring
20 March 2019 | 15 replies
Since the pattern repeats in the next box, its important to manage the installation so that two identical patterns (from separate boxes) don't lay side-by-side.
John D.
Working with multiple contractors simultaneously
30 May 2017 | 6 replies
If you are considering hiring two general contractors to get the job done in half the time, you are trying to do their job of coordinating multiple work fronts, manpower, equipment rentals, material deliveries and sub trades and you are expecting to do it better.If you were to do this, you would in fact be the general contractor and be paying the profit and overhead of 2 other general contractors while spending your time doing their job of managing the work.
Dave S.
Accelerated Depreciation Spreadsheet / Checklist
13 December 2017 | 7 replies
@Dave Saveri to preface, accelerated depreciation separates into three categories according to the Internal Revenue Code:"Personal, or tangible property" depreciates over 5 years"Land improvements" depreciates over 15 yearsBuilding, or structural components (everything else) depreciates over 27.5 or 39 years (which may change with the new tax reform to 25 years)That being said, some examples of 5-year property are: furniture, fixtures & equipment, carpet, decorative light fixtures, electrical costs that serve telephones and data outlets, shelves, decorative molding, etc.Some examples of 15-year property are: parking lots, fences, signage, etc.It is important to note, that the IRS highly recommends these property allocations (cost segregation) to be sourced according to the MACRAS Modified Accelerated Cost Recovery System, and the IRS Cost Segregation Audit Techniques Guide, and not estimated.
Noel R.
1st Deal: 260K Duplex Too conservative?
16 December 2017 | 5 replies
Rents 1150 newer tenant & 925 longtime tenant, identical units which leads me to be optimistic about raising 925 up over time.
Miki S.
How do I move beyond analysis paralysis?
15 December 2016 | 26 replies
However at some point in time, you have to realize that you are fully equipped with all the tools need to be successful and all that is left to do is to dive into it.
Brian Gibbons
What if I'm scared to death? I will screw up and make a fool of myself?
18 September 2014 | 17 replies
I worked for a small firm in Constriction Engineering Products, Johnson Controls, that sold air and water control equipment to large apartment and commercial building contractors.