Mustafa Shaikh
RAD Diversified Review — It Wasn't Pretty
19 January 2025 | 147 replies
Subsequent images on the site show the property’s progressive deterioration over the years.Another property, a three-story rowhouse at 915 Dauphin St. near the Fairhill neighborhood, underwent a similar decline: Seven months after its November 2016 acquisition by DDH, it too had windows and doors.
David F.
Preforeclosure requirements in event of condo conversion
6 December 2024 | 0 replies
Rather than that, if a loan is called because the property underwent a condo conversion (apartments into condos) or subdivision process without the lenders awareness/approval, would they still be required to offer a preforeclosure period before being able to foreclose, as is the case for lack of payment?
Malik Javed
Maximizing Tax Savings with Cost Segregation: A 6-Unit Apartment Building Case Study
4 September 2024 | 2 replies
Case Study: Cost Segregation Study on a 6-Unit Apartment Building Overview: A 6-unit apartment building placed in service in July 2021 underwent a cost segregation study, significantly enhancing the property owner’s tax benefits.
Forest Wu
List of Syndicators/GPs to AVOID?
14 August 2024 | 134 replies
In every jurisdiction that I've seen, GPs are required to provide this information.Snippet from the investment brochure that @Evan Polaski linked to: "The Current Owner purchased the property in 2021 as a Co-GP andprovided GP equity and balance sheet support to the Operating GP.The Property underwent a renovation and unit conversion plan thatincreased the number of units to 584 and experienced strong leaseuppost completion.
Account Closed
Seasoned Real Estate CPA Expert Answering all Questions on Investing Tax Strategy
26 June 2024 | 34 replies
I have a property I purchased cash underwent reno and was listed in available to rent in Nov.
Eric Inigo
Experience or thoughts on Homeroom?
14 June 2024 | 101 replies
For a total gross rental income of $3,300.PITI will total $1,364$561 for 5% maintenance, 5% CapEx and 7% vacancy allowance (HomeRoom gives 10% vacancy as a general estimate but my property is the best location of all the Indy properties, close to downtown and UIPUI campus, and discounted compared to room rates at other houses so I don't expect 10% vacancy) The house just underwent a complete top to bottom gut reno with new everything including roof, sewer, electrical, appliances, etc, so I'm budgeting low for CapEx.$495 for 15% property management.That puts total expenses at $2,420, out of GRI of $3,300, for a monthly cashflow of $880 (11.7% CashROI).This also leaves plenty of room for future rent increases.
David D.
Using a predictive model to find undervalued properties.
11 June 2024 | 46 replies
This significant increase reflects the rapidly appreciating real estate values in the Woodland Hills area of Los Angeles over this period.The search results also note that the property underwent some renovations, such as a remodeled kitchen with high-end appliances, which likely contributed to the higher selling price in 2024 compared to 2016, , the property value of 22757 Charlemont Pl in Woodland Hills appears to be higher than many similar homes in the surrounding area, but is generally in line with the rapidly appreciating real estate market in this neighborhood.Here are some key comparisons:The sale price of $1,857,500 for this 2,730 sq ft, 5 bedroom, 4 bathroom home in June 2024 equates to around $680 per square foot.The median sale price per square foot for homes in the Woodland Hills area in April 2024 was $638, up 9.7% from the previous year according to Redfin.
Julie Muse
The Linden Homestead Revival
29 May 2024 | 0 replies
Through Partner Driven's strategic financing and management, the property underwent a transformation that significantly increased its value.
Julie Muse
The Linden Homestead Revival
29 May 2024 | 0 replies
Through Partner Driven's strategic financing and management, the property underwent a transformation that significantly increased its value.
Julie Muse
The Linden Homestead Revival
29 May 2024 | 0 replies
Through Partner Driven's strategic financing and management, the property underwent a transformation that significantly increased its value.