Julio Gonzalez
Cost Segregation - what to consider when looking for a firm?
1 July 2024 | 4 replies
A cost segregation study is a great way to reduce your taxes, but remember, not every cost segregation study is the same.When considering different cost segregation firms do your Circular 230 Due Diligence and ask:- Does the firm have engineering licenses with the State Authorities, proper licenses overall, and proper insurance?
Kenny Banuelos
17 year old planning to invest!
4 July 2024 | 7 replies
I have been saving since I was 14 years old, and I am on Track to buy my first Duplex (house hack) while still being a senior in high school with my Parents cosign, I turn 18 In a few months.
Jaxon Wright
120ft tunnel carwash with 3 detail bays
4 July 2024 | 8 replies
Purchase price: $1,800,000 Cash invested: $960,000120ft tunnel carwash with 3 detail bays and an upstairs business office. rebranded the carwash business to match the same name and logo as two other carwashes and offered a joint monthly unlimited wash pass that was usable at any of the three wash sites!
Francis Figueroa
ARV & Repair Estimates
5 July 2024 | 3 replies
I'm in the process of learning the "right" way to calculate ARV and repair costs as well.
Owen Farmer
Spec Home Construction (Starter Homes) - Margins?
3 July 2024 | 6 replies
In my local market (SE Michigan) construction costs have gone up but home prices have fallen.
Tim Albright
Tax Planning Strategies/CPA Help
5 July 2024 | 11 replies
All of their college costs are saved for.
Luca Giani
Seeking Advice on Property Management Issues for Out-of-State Real Estate Investment
3 July 2024 | 15 replies
However, this time around, things have not been going as well.Six months ago, I entrusted my property manager with hiring contractors and obtaining the necessary permits to get my property rented.
Pandu Chimata
Fire damaged property
4 July 2024 | 12 replies
The insurance company may cover some or all of the restoration costs.Scope of Work and Budget:Detailed Inspection: Get a comprehensive inspection to identify all areas of damage, including hidden issues like electrical, plumbing, and HVAC systems.Cost Estimation: Obtain detailed cost estimates for the restoration or rebuilding process from licensed contractors experienced in fire-damaged properties.Environmental Hazards:Asbestos and Lead Testing: Older properties may contain asbestos or lead, which can become hazardous after a fire.
Sarah Smith
Need Some Creative Ideas for Tear Down
8 July 2024 | 16 replies
We have had offers of $430K on it few months ago as was.
Sean Pedeflous
Should I lower rent if I am getting lots of interest but haven't been able to land?
6 July 2024 | 18 replies
Marketing only on Zillow is amateurish, which indicates they may be lacking skills in other areas.If your unit rents for $1,000 a month, you are losing more than that because of utilities.