Munjal Adhvaryu
Investing from Canada
13 May 2024 | 21 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620, many blemishes, but should have no evictions in last 2 years.
Noah Bacon
Warranty of Habitability Law Updates - Colorado
13 May 2024 | 3 replies
If a property is considered uninhabitable, the Landlord must provide the tenant a hotel at no cost to the tenant (this much is a preexisting requirement).
Jacob Joseph
Postcards VS Letters
10 May 2024 | 6 replies
Also, side note I invest and live in the Metro Detroit market which is very competitive.
Kenton Guidry
2nd house flip, mentor
13 May 2024 | 7 replies
I was not sure on the way to decide on a price, nor to estimate the repair cost.
Joseph Harr
Opportunity cost and deal analysis
10 May 2024 | 5 replies
Say I have $35,000 in a HYSA that generates $150 per month in interest. If I invest that money into a rental property that breaks even, wouldn't I actually be cashflow negative $150 per month now that I'm not getting ...
Amy Bailey
Primary Residence Rental during International Relocation
13 May 2024 | 4 replies
So you’ll be deducting 1/27th of the cost per year.
Dajana Topic
What's better? Single family or multifamily for first investment?
13 May 2024 | 4 replies
Either one would be our primary residence, so down payment and closing costs are fairly the same.
Kelly Farmer
Ohio Cashflow and Oz Realty Review
13 May 2024 | 4 replies
Meaning, when it came time to actually sell the property, (for tax purposes) the cost basis of the property was reduced by the full depreciation amount, reducing the amount of capital loss (which could be used to offset more profitable investment).5.
Tommy Cheng
Question for owners of multiple STRs
13 May 2024 | 4 replies
It is challenging but we committed to going there every 4-6 weeks and having a great team on the ground ( will cost you some extra money) but they are the difference in having issueswe have one of the best cleaners in the area and our guy that cleans the grills does all my light maintenance and guest interaction if I need it(pets, too many guests etc.)3-4 hours would be a dream and you can definitely do it but you have to commit to going there every 4-5/6 weeks In my opinion because there will be things you need to address or upkeep- this is obviously only if you decide to self manage.
Darren Maloney
Cost Segregation & Accelerated Depreciation
9 May 2024 | 16 replies
Could you provide granularity on costs segregated and potential assets?