Hi everyone, I'm currently working on a flip project. It is a 5 bedroom SFR in Orange County. The house came with an in ground jacuzzi, which is a first for me. Unfortunately the equipment such as the pumps, heater an...
I am negotiating the purchase of building previously occupied by a financial institution (bank). The seller is the bank that is moving. They are moving to a newer larger location. The seller (the bank) will sign a 6 m...
Ok so I have 40 unit complex with 4 laundry rooms
The equipment is aging a little and half really needs replaced. So I had a guy quote me for taking the laundry over. It’s a 60/40 split 40 to me. But he will furnish ...
House was severely fire damaged and subsequently deemed uninhabitable and demo'd by the city along with the solar panels. In addition, the lessee of record is deceased. Death certificate was already sent some time bac...
The restaurant owner of my New Jersey commercial space is looking to terminate his lease early since business isn't doing well and isn't able to find someone to purchase his business. There is currently no exit clause...
Hello everyone. I've been trolling this site for some time and I am in the planning stages to start a towing business in the greater Cleveland (Ohio) area. Here's what I'm looking at:
I found some commercial property...
Looking at buying a used dump trailer for my rehab business. But I got to thinking about the tax implications. I know I can depreciate a new one with a sales receipt but with a used one what do you show as evidence ...
Happy Friday! I'm buying an MTR condo (our second investment!) with a current tenant and need some advice. The cable company needs us to switch out the modem/router equipment. Is it reasonable to ask the tenant to com...
I am considering a small 6 bay car wash.
Turn key, owner financing 0 down, 3% seller carry back. Projected 3500 cash flow.
I am not worried about the deal, I am pretty seasoned in deal negotiation and such..
My que...
I intend to use power tools and equipment already available at hand for rehabbing. But I needed to make sure that I am assigning and structuring the proper balance sheet with the proper organization. I currently have ...