In fact, the whole point of real estate investing and generating returns should be to make investments based on an advantage (knowing a good deal in the market, etc.) - if there was perfect information easily available to everyone - no individual mom and pop investor would ever have a chance at real estate investing returns at all...

If you have good credit above 740 and have 25%-30% to put down it’s really not a difficult loan process. 8 Units typically will offer a 1.25% DSCR ratio which is required in most cases but the approval is going to be based on the rents.

Based on my records, we did $11,550 in depreciable improvements.

There's now a competing bill in Colorado about property taxation of short-term rentals. 
The original bill, talked about here, would quadruple the property taxes on any home operated as an STR for 90 days or more in ...

@Jason Allen, Great post, we have a few real estate / Construction business here in Columbus and have been wondering what the best strategy / planning should be for the next 3,5,10,20 years based on all this investment and growth.

But I think, like many people found out during COVID, if you just buy a tract home that looks generic in a generic area, you will get generic returns, which based on my friends and other commenters here seems to range from small loss each month to modest gain. 

I could be giving advice based on my years of investing in Mexico and the Riviera Maya and helping many buyers and investors do so but I won't because I have no fiduciary duty towards you and you're going to be the one to bear the consequences.

If the owner employs a management company, then the management company is required to obtain the business license - not the property owner.according to the tab (Profits Tax) on the same page above, I should NOT file form RD-108 either to pay KCMO city earnings tax, because I am a passive investor, and not actively involved in the management of my property.The problem is that, I did submitted my business license application a few weeks ago (still in the process) before I checked the KCMO web side.

I saw a listing for a 15-unit apartment building that is for sale and the property has a 5.3 cap rate, this isn't the issue.The issue is in the listing description the agent said the building could have rent growth potential based on the rising rent prices in the area which she said would bring the property to a 6.6 capNow my question is why would I buy a property for 2.5 million when with this new expected cap rate the property would tank to just under 2 millionNOI is roughly 132,000 and most units are in pretty good shapeAnother note is the average cap rate in the area the property is located in is a 6.4 cap

Immediately filed tax appeal based on the closing price, won and reduced the property tax.