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I have an 18 unit multi-family property that has rents that are roughly two to three times higher than the neighborhood comps. My 300 sq ft studios rent for $600 and the property across the street gets $700 for 1000 s...
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Hi, BP!I was wondering how investors determine appreciation (or depreciation for that matter) for a specific neighborhood or city year over year?Example:- In 2015, median sales price for a specific neighborhood is $14...
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I am trying to understand how depreciation is calculated with respect to improvements. Please correct me if I am wrong, but my understanding is lets say I have a property I purchased at 200k. Lets say 50k is the value...
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I would like to have a new central air conditioning system installed for my 1,800 SF 100-year old single family victorian-style residence in Oak Park, IL. The home is a two-story, with a full basement and a full att...
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We had a pleasant emergency HOA special assessment meeting this week. Due to updated CA codes & regulations, coupled with the lack of foresight & planning by the HOA Management & Board, our complex has to ...
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Hi guys. I’ve recently closed on my first mobile home park in South Carolina. I’ve had it about 2 weeks and am looking to strictly rent out the lots. However, as expected, the demand for this is much less as people ha...
I'm a complete novice at commercial real estate but jumped in head first. I now own a property in Florida that was a payless shoe store in a very busy area. After I bought it I was contacted by a number of brokers loo...
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I’m looking to acquire a short term rental in San Antonio, Texas that would be managed by a full service property manager with STR expertise.1. Can anyone recommend a good STR manager?2. What are some good resources f...
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Has anyone tried to put a rental property in a RothIRA?
For a RothIRA, my understanding is that your could put cash, stocks, mutual funds, bonds, real estate, as well as others assets.
With a RothIRA, you pay taxes o...
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If run properly mobile home parks can be a sound long term investment. No dealing with rentals are beaten by tenants. Info structure usually does not require updates as often as apartment buildings. Any word on deprec...