Matthew Terry
How to pick the best tax professionals for my goals?
26 February 2020 | 1 reply
Should I be searching for CPAs who brand themselves REI experts?
David Carbajal
Subdivision in Southern California
26 March 2020 | 13 replies
Thank you all in advance for those “lessons learned.”David - I never purchase the land until I get all of the entitlements and permits and hi Ty the purchase price of the land to the density granted so if you get less than you’re looking for you can reduce the purchase price.Also I begin with the end game in mind and make sure that I have Builders lined up ready to take down the lights when I’m finished so I know what my profit is in advance.If I’m building the houses and developing the land I make sure the market can absorb the inventory at the price point I am projecting and I work everything backwards from there.
Samuel Kowalsky
Depreciating furniture that came with rental property
28 February 2020 | 2 replies
I am curious as to how to go about depreciating these items, since they are not exactly brand new -- not old and worn out, by any means, but just not new.
Prabhat M.
Roofing Contractors - 2300 Sqr feet house
2 March 2020 | 2 replies
What type of roof, what brand do I consider installing?
Pedro Bartolomei
Any opinions on cabinet refacing for kitchen rehabs?
26 February 2020 | 3 replies
I agree a buyer will always want a brand new kitchen but in terms of time and cost i think this may be a better option
Jake Bryant
I am looking a new company name.
26 February 2020 | 3 replies
I hope you can give me feedback, advice or tips about a brand of my new company.
Cody Merkes
Buy and hold multi family
28 June 2020 | 9 replies
I’d love to do a light rehab or purchase 1% deals I want to buy anything from 2-12 units.
Neil G.
Shaky inspection report on first MF deal. Now what?
4 March 2020 | 9 replies
Two dishwashers, some lights, screen enclosures, some inoperable cooktop units etcMy Estimates (note that the market CAP is 7-8%):- WORST case scenario for rents ($1225), occupancy rate (88%) and high repair costs ($75K): 2.3% CoCr and 5.1% CAP - BEST case scenario for rents ($1300), occupancy rate (95%) and low repair costs ($20K): 7.6% CoCr and 6.6% CAP rateEven though I strongly expect the numbers to look closer to the best case scenario above, considering my out of pocket expenses are going up with all of the repairs and also that the stock market is tanking right now and money is becoming scarce, I'm not so sure about this deal.
Ellie H.
Stuck in the Inner Loop
17 April 2020 | 14 replies
So if it's a brand new development and I can buy it under market BUT it won't cash flow that much -- eh, I'll buy it.
Grant Sevek
Cash Out refinance on rentals OR Collateral for Commercial Loan?
27 February 2020 | 9 replies
@Jaysen Medhurst there is a brand new condo development right next to this piece of property with a waiting list.