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I have 10 SF and MF rentals in several areas, my concerns are with Cape Coral and Memphis. I use property managers in both places. I feel like I’ve seen a few recent issues and curious what other investors have seen.1...
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I have long had 4 financed properties so I have been paying 25% down plus closing costs for each new investment. I takes time for me to scrape together that kind of money for my buy and hold investment style. Whe...
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If you've been around these forums a while you may remember @Justin Goodin of Next Level Equity. He used to troll these waters for suckers very hard until I found out that his claimed experience and transaction histor...
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Thank you @J Scott for starting the new construction diary. It's been our inspiration to do one of our own now. In this thread we are going to track the progress of our first Crowd Funded new construction project in...
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Has anyone used the Kent Clothier system for finding deals? I am looking for the best techniques for buying wholesale properties. I am in NCGlen
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I’m considering hiring an attorney for a class action suit against the scammers from Launch Your Leads that take thousands of dollars and then you never hear from them. Their previous company Amplify My Business has t...
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700 sqft 2 bed 1 bath, full unfinished basement.
Needs new water heater, furnace, central out unit, new carpet.
Everything else seems to be in great condition.
Under 4k in updates to get it rent r...
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Economic Update
(Monday, August 10, 2020)
The resurgence in coronavirus cases is sidetracking an economic recovery that gained steam in May and early June, slowed in July, and now indicates a rocky path ahead. ...
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Hi,I recently purchased an investment property out at Memphis, TN last month - 4/2.5, nice schools, low crime, etc. and the appraisal came in at $140K. Comps with better condition around the area was $155K (so -15K f...
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So say you've been depreciating a property for 10 years. Year 11 rolls around and you completely replace the roof. Does that just increase the remaining depreciable balance (basis) for 17.5 years? Or do you deprec...