Percy Greyson
Carry Materials expense to sale of home next year?
Okay so been talking to a CPA and they are telling me that I can't take a previous year's expenses and apply them to the year a spec home is built because I run on cash accounting. I want to know what my options are ...
James Ringo
Section 179 depreciation recapture question
Hello all, I bought a new truck for my business last year and claimed the entire purchase price as section 179 depreciation. I have a separate car for personal use so I'm currently using the truck 100% for the busines...
April Laspinas
Expensive market - how much downpayment is too much?
I live in one of the most expensive yet smallest countries in the world - Cayman Islands. I’m a beginner in RE investing and up against cash buyers on million dollar properties in the market. So traditional lenders i....
Sheen Jowl
Flood insurance outside FEMA 100 area
I got a question here. Is flood insurance for properties outside FEMA 100 area inexpensive? I have a few properties, there are all outside FEMA 100 area. I wonder if there is an inexpensive way to protect the portfoli...
Bryan N.
What do you rehab to attract quality tenants and increase rent???
I'm closing on another property this month. The kitchen is 1987/tenant abused and the floors are carpet/linoleum downstairs. Upstairs is all carpet and baths are linoleum. I'm curious what other landlords do to upg...
Brandon Turner
Attention Minnesota Folks: Anyone know a good HVAC guy?
Hey those of you in the Minnesota area, including Minneapolis and St. Paul (Saint Paul) - (see what I did there with the Keyword Alerts!?)
I'm looking for an HVAC contractor to install a furnace for my siste...
Malcolm Jackson
Making sense of 2% rule (was there a mistake in the book?)
I'm trying to make sense of the 2% and 50% rules as stated in the books. I realize they are just rough guidelines, but even as such I'm having a hard time getting them to add up.First of all, in the example he uses fo...
Alex Cee
Anyone looking for an investor?
I'm located in Canada, but invest all over. I am looking for a relatively inexpensive market to invest in (you may not see it as such depending on how wide your experience is).Specifically I'm looking for someone to ...
Justin Goodin
How Are Cap Rates Calculated?
There are multiple ways to come up with a cap rate, so be sure to always ask how it was calculated.
Most cap rates are calculated by taking the net operating income and dividing it by the market value. Cue the examp...
Stephan K.
Design Software
Hi,
We bought a house with a garage conversion that was done a few years ago. There is enough space to turn that bedroom into a master suite with a bathroom. The house is a 3 BR with only one bath.
I am...