John Castleberry
CPA Recommendation & Cost Segregation Analysis
6 May 2024 | 10 replies
Hello Everyone,I am new to the community and looking for a CPA and professional to conduct a cost segregation analysis.
Jason Khoury
Condo as a First Investment?
9 May 2024 | 12 replies
It's a lot easier to get small multifamily now with the competition not being as high as before.
Colleen F.
When do you tear down vs Renovate in a house currently rentable?
10 May 2024 | 13 replies
Account Closed Costs will play a role and I think the next couple months in an election year will give an idea where those will head.
Carlos Lopes
Loan Pay down and breaking even on cash flow
8 May 2024 | 50 replies
Restrict that "cost" to the DP.
Shaheen Ahmed
Starting out, interested in multi family
10 May 2024 | 30 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.
Aden Brust
Can you use a 1031 exchange to build a property?
10 May 2024 | 5 replies
As interest (taxable as regular income), capital gains (usually taxed at 15%), and basically return of principle (pry called something else but payment against her cost basis.) that’s tax free.
Diana Tran
Seller Has Counteroffer, How Should We Negotiate?
9 May 2024 | 8 replies
Unit A is about 100 years old and Unit B is almost completely new.Pros:-The duplex is in a very desirable neighborhood with home value appreciation year over year at about 50+%-Rent is also in high demand within this area-Cash flows well even with high interest rates and increasing property taxes-Home is price below average cost per sq ft-The house has been renovated and some parts of it has been remodeledCons:-All issues are with Unit A, the 100 year old unit.
Deonte Hill
New Construction in Flood Zone
9 May 2024 | 11 replies
The land is about half the cost of the Heights.
JP Leonard
How to sell backyard to developer and keep front house? Partition? Lease? JV?
10 May 2024 | 7 replies
I'm planning to reach out to see if people are interested in investing equity in a condo to get it at a discount, maybe at construction cost.