Hello BP,I have a question. I am interested in purchasing a turnkey rental out of my market and I'm looking at providers in cashflowing markets. I wanted to know how much in a cash reserve is recommended on these ty...
What do you all do? Include all appliances. Or only some and not others. Just searching best practice before I go drop a pretty dime. Thanks!
Hello everyone,
I need some advice. I have a situation that I want to take advantage of but I’m not sure how to go about it. My wife’s family owns a home that they would like to sell for 690,000. I don’t qualify fo...
I think I have decided I want to do cost seg studies on my portfolio to accelerate depreciation. My current CPA does not have experience doing them. For those of you who have done this, in what order do you recommen...
We have an opportunity to buy a home in a C neighborhood but a good location. House is in great shape and the numbers work but it is a cheaper house and now we might not be able to get a loan that low. Now we are play...
Hello friends,
I am preparing a duplex and hope to get tenants signed in a bout a month. The kitchen appliances left over are bad and are being removed. In the past I have NOT included appliances with the lease. Th...
Hello, I have a 9 property deal however the agent will not present my offer without proof funds. What do I do?
I am preparing to rent out my property. It has a washer and dryer hookup. I am wondering if I should include a washer and dryer with the rental.With a washer and dryer in the unit there is the potential Pro of increa...
I'm trying to calculate expenses for utilities for a duplex in either Cleveland or Detroit and can only find outdated numbers.
Any locals able to share approximately how much each utility costs, and if they charge t...
Hello everyone,I was wondering if anyone can help me figure out what I would pay in capital gains on a multifamily property that I owner occupy. I am just wanting to explore all options if I sell and one of them being...