Barshay Graves
My Duplex is sinking
5 March 2022 | 4 replies
Either a structural engineer, or often times general contractors have engineering degrees so they can give you an idea on what it would take to fix the sinking issue and also have subcontractors to repair the interior of the house.
Mayank Jain
What happens after the period of cost segregation study completes?
21 March 2023 | 7 replies
Hey folks, I have a fun question on cost segregation study, around which I am trying to build a house hack thesis.ScenarioLets say, we have a $1M property ==> Building cost : $800k, land cost : $200kNow we do a cost segregation study, with following outcome- $100,000 of interior fixtures and finishes that can be depreciated over 5 years- $100,000 of interior fixtures that can be depreciated over 7 years- $100,000 of land improvements that can be depreciated over 15 yearsUsing a straight line depreciation on cost segregation data, we get- Building ($500,000 / 27.5 years): $18k- 5-year property bucket ($100,000 / 5 years): $20k- 7-year property bucket ($100,000 / 7 years): $14k- 15-year property bucket ($100,000 / 15 years): $5k Total first-year depreciation : $57kQuestions- Do my 5, 7, 15 year property materials cease to provide depreciation after their relevant cost segregation depreciation period is over?
Justin Sutton
JVs with Active Duty Military
1 March 2023 | 7 replies
My wife is an interior designer and we have 9 doors / 3 flips under our belt so far.
Charne Dixon
Turtle Pond Fix & Flip
14 February 2021 | 0 replies
This property is a 3 bedroom 2 bathroom house located in the city of Boston (Hyde Park) We made both interior and exterior improvements and fixed structural damages.
Russell Holmes
Anyone building new construction with tilt-wall?
20 November 2018 | 33 replies
We use the prefab interior studs as an upsell.Labor is our biggest costs at the moment and good help is even more costly these days.
Tim Boeving
Heloc - desktop valuation
14 June 2020 | 3 replies
When I got my HELOC, they did the desktop-type appraisal, made me send in some exterior/interior photos that I took with my phone, and it appraised at what I was expecting (actually a few thousand higher).
Nick DeMarco
City of Atlanta Permitting
4 February 2021 | 7 replies
General repair OR Interior alterations are the easiest permit to get.
Eric Michaels
Owner of or Architect led Design/Build Firm
5 April 2016 | 1 reply
I am a licensed Architect, Interior Designer, General Contractor and am a LEED AP.
Jackson Neu
How do I start House Flipping???
20 March 2023 | 16 replies
At minimum you need a real estate agent, title company, general contractor, and interior designer.
Bob Veitch
New to bigger pockets (contractor Pittsburgh,Pa)
17 March 2020 | 28 replies
I am a contractor I own a small interior remodeling company in the Pittsburgh area.