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14 January 2023 | 9 replies
Have to pay for every litte minor repair vs being able to do a quick simple fix yoursefScalable - for sure, your team is doing the heavy lifting and day to day.
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14 January 2023 | 5 replies
So reading these books won't make you an investor overnight, let's just state the obvious here.However, they will provide you with a solid foundation of what is possible so that you can begin to expand your mindset.Learning how to invest in real estate is like learning a new language, both can be challenging and require dedication and perseverance, but once you speak it, you broaden your horizons.As an added bonus, real estate can help you achieve financial freedom and escape the 9-5.So, here are the first three books you should read if you want to learn about real estate investing:"The Art of Wholesaling Properties" by Aram Shah and Alex Virelles is all about wholesaling real estate.
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15 January 2023 | 8 replies
No pet food left out, no trash open overnight... sanitation cuts down rats.
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29 October 2022 | 28 replies
During other misc work, I give them a box of heavy duty trash bags, and I bring the trash bags out to the street for the garbage pickup --- yeah, not supposed to be construction trash out but these guys take it anyway...
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14 February 2018 | 7 replies
I am currently a college student and I live at home in Toledo, Oh to save money from those heavy college expenses.
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26 February 2018 | 16 replies
I find that the funds have the advantage of more liquidity (i.e you can pull your money out but not overnight like a public REIT) but the syndications you are in for the project duration.
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13 August 2013 | 4 replies
This general plan is clearly a long process and not an overnight thing.
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17 January 2023 | 2 replies
I just did my first "different" type deal - my usual deals are cashflow heavy in the best areas I can get them.
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19 October 2020 | 7 replies
Then it’s not finding too many opportunities in the area due to the heavy activity.
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17 January 2023 | 0 replies
You will receive a report as a result of the cost segregation study that supports the breakout between asset classes and new depreciation schedule in the event that you are audited by the IRS.Here is an example of some items included in a restaurant and their useful life classification:5 Year ClassificationAwnings and canopiesBeverage EquipmentComputersData Handling EquipmentDoors (Special lightweight doors installed to prevent accidents in areas with heavy traffic)Drive-thru equipmentFire protection equipmentFloors (installed with strippable adhesive)KiosksWindow treatmentsWall covering (strippable wallpaper)Sound systemsSigns (display trade name)Retail furnitureRetail fixturesRefrigeration equipmentMillwork - Decorative7 Year ClassificationOffice furnishings15 Year ClassificationConcrete, Foundations and Footing (related to light poles, signs, and land improvements)Trash enclosures (freestanding enclosure typically on concrete pad)Site workParking lots39 Year ClassificationCeilingsConcrete, Foundations and Footing (related to the proper setting of the building)Doors (interior and exterior)Air curtain doorsElectricalElevators and EscalatorsExit signsFire protection and alarm systemsFloorsFloor covering (installed with permanent adhesive, nailed or screwed in place)HVACWindowsWalls (interior and exterior)Wall coveringsTrash Enclosures (attached to the building)Site utilitiesSigns (exits, restrooms, room numbers, etc)RoofRestroom partitionsRefrigerated structures (cold storage, walk in freezer, etc)Millwork (general building or structural)