Michael Porter
TAX LIEN REDEMPTION - Interest accrued. How to classify?
I have obtained a property tax lien in Mobile County this year but it got redeemed. I acquired interest and wanted to know what account type I should use for the general ledger. I already know it is revenue on the bal...
Henry Clark
Self Storage- "Value Add" Options
Been running the Skidsteer spreading about 60 truckloads of dirt on
our upcoming Contractor building location. One of the Bumps, made me
think of Value Add as a topic. In between Breaks, kept jotting
concepts dow...
Henley H.
Able to live in a new 1031 property?
I have a single property with two homes on it- I live in one and the other has consistently been rented for the past 6 years. Their have been occasions when both houses were rented and I did not live in either. If I ...
Amber Rhoton
First Purchase Newbie
I would love some advice from the pros out there - I'm really stumped on the best way to accomplish my goal...I have two businesses and want to purchase an office building under a new LLC and lease space to my busines...
Dylan Heidrich
Need advice on commercial buy with parking lot income
My wife & I am looking for a place to live in Agawam, MA. We found a commercial property (old restaurant that closed because the owner retired) thats renovated for a business but we’re thinking about adding a show...
Fred Sams
Need Clarification on Apartment pro forma
Reviewing a deal I received from a broker "16 Unit Apartment Bldg". In the Five Year ProForma, The Seller is reimbursing the 1st year management fees which is about 10 % of the net rental.As well as the 1st year HOA F...
Justin Hash
First Investmnt Property - Should I bid??
Hi Team!
Buying my first investment property in the CLT / Gastonia area. Posted below are the metrics surrounding the property I am interested in.
Can you all let me know your thoughts? (Think this could be a poten...
Kevin E.
Liens on foreclosed homes
Quick question. i am bidding on a house on auction.com and i am currently outbid. i just noticed there is title information on the site for the home. It appears there are old and new liens, liens from even before ...
Ryan Pearlman
CAP Rate Calculation
Hi Guys! Evaluating a deal at the moment and I am curious how you would calculate your CAP rate. Once our building is stabilized we are anticipating a CAP rate as follows (backed by market data): 1. CAP of 9.57% if we...
Nathan W.
Building a cabin near Gatlinburg
I own a lot near Wears Valley. It's about 1.5 acres, has a decent view (B+) and is a short drive to Gatlinburg, Pigeon Forge and the Great Smoky Mountains National Park.For those of you who know this market, what size...