My wife and I moved out of our condo in California which we bought in 2014. We're going to rent it out in the next few weeks. Does anyone have any advice or methods on how to calculate the improvements value for dep...
Hi all,I am trying to refi two of my BRRR projects in Anaheim, CA and Huntington Beach, CA. The lender charged $650 per to "independent" appraisals. I can't believe the results - these are SFRs appraised at least 8%...
Just wanted to see if anyone had a good clue as to why this rule/ law was made. We manage properties in neighboring counties but only have a physical office in one of them. When we hand deliver 3 day notices in the co...
How does it work if you purchase a property in your personal name, then Quit Claim it to your Entity!
How does the Entity get all the write offs or what part of the process is deductible?
I wanted to start a business with my friend,but when we got to the business plan had problems figuring out what to go for. I am fine with making small profits with renting and maybe rehab a house for a flip every ...
Hi guys!
I recently acquired a 6 plex in Mesa, AZ that consists of small studios and 1Bed/2bed units. The units range from 350-600 sq feet and we are in our inspection period. The purchase price was $460K and am us...
I spoke to a company who buys notes and he told me to basically stay away from this industry for the time being as there is really no money being made for the work involved... He said that the only people making money...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $202,150
Cash invested: $26,936
We purchased a $5,000 sq ft 4 plex with 4 x 2 bedroom appartments that each ...
Hi all! I'm a RE investing newbie and hoping to get some advice from those more experienced. :) I am looking to buy my first investment property in the next few months... looking at 2-unit MultiFamily properties. I ...
Hoping one of you great people can clarify something for me. Looking at bonus depreciation and wondering if it is based on the county assessed value or purchase price?We purchased a commercial building for $420k and t...