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Hi everyone. We purchased a property in early October and are placing it in service this week (mid November).We had intended to run a cost segregation study and try to accelerate depreciation which we can deduct again...
I am in the process of selling a duplex I purchased in '06. During a recent appraisal they mentioned that they couldn't find if it could be replaced if destroyed; turns out the zoning was changed in '08 and the city d...
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Hey BP, I've been a bit inactive but I am 21 years old and just got an offer accepted on a property in which I will live in one of the bedrooms and rent out the other two. I am going through the loan approval process ...
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Hello all those with self storage investments.I'm writing to get some feedback on a recent investment opportunity in the self storage space in Michigan. I am looking to startup a family business with my dad and sister...
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I'm in a tricky situation with my first deal.I closed on an investment property in Georgia and about 10 days later the lender is saying that the deal violates a Fannie Mae guideline in that the cash back at closing ex...
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I found a seller that is willing to do seller financing. Can anyone recommend a RMLO and closing agent or attorney in Houston to draw up all of the documents and get the necessary paperwork? I would prefer if they wer...
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Hi Everyone, i just purchased a condo in a condo building and consider renting it.Regarding offering a lease, should i have it drafted by an attorney or research for a template online? I am not using a broker.I want ...
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Hi,I am currently under contract to purchase a property with an existing unpermitted ADU in the back. I talked to the city and they would require a full set of documents for review in addition to the realistic cost to...
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So I know guys who buy houses and tear them down, or build an extra floor, etc... But there's no HOA community where they do it. So If I were to buy a house in an area with an HOA, I fully own it, and I want expand i...
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I'm currently looking at purchasing a property that was originally a 4 unit building. The seller at some point expanded and created a 5th unit in the basement. I don't believe it's to code and was probably never sanct...