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I own 3 STRs in South Lake Tahoe CA. My CPA told me I don’t really need an LLC to realize all the tax benefits of owning real estate, but if I was concerned about liability, I could do it for $1000/yr (CA cost) or ju...
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Small multi family 3 to 6 units what financial. Records should I ask for most smaller buildings doesn't have a trailing 12 or t12 to use and how do I determine the vacancy rate of a small building
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Hi,
Am new to renting out my property in US.
I will be moving out of state from Santa Rosa, California, and need to rent out my property through a local property manager.
I am working on setting up an LLC, trans...
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I'm curious what other folks do when they have terrible contractor experiences. I've been rehabbing properties for more than 3 minutes, so I've had both good and bad experiences with contractors. :) I want to add as a...
Anyone know what the usual discount is on a foreclosure that's been vacant for a year? I'm looking at one in Bakersfield right now, weeds 6ft tall, but the house (on the outside) is in decent shape. If this inside n...
Hi GuysMy wife and I are considering getting into the flipping game. I have a few questions.1 We are using a realtor who sold our original home what is the % for him at buying and selling?2 what %can we expect to loos...
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Buying properties is no easy task because the monthly amortization can be heavy on the pockets. And when word gets around that a particular friend bought properties, it is considered a financial success and a life upg...
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At what price point does a Cost segregation study become worth it? I have a property I am almost done with the remodel on and it will most likely appraise for 160k and have another that did for 140k. Would it be worth...
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Does anyone have an IRR calculator for Multi Family syndications?I am looking for recommendations for an IRR calculator that can be used to calculate asset performance over the course of us owning the property, and ca...
Hello, I bought a property last year from a friend. Didn’t do an inspection prior to purchase. Took his word and only had an appraiser go in and take picture’s. Anyways, I have a tenant who called and told me a toilet...