I am looking at a bank owned multifamily, 200 units in FL. There is no T12, just a rent roll. Does anyone have a method to analyze this and create pro-forma without T12 expenses? Does anyone have standard pro-forma ex...
I'm doing my 2023 taxes (late) and we had some siding and gutters put on in Fall 2023, however we did not pay for it (~$13,000) until summer 2024. Do I record this in my 2023 or 2024 taxes? I know it is a capital imp...
Hi All,I am new to investing and ready to start actively looking for properties. I have access to a LOC but I am wondering if I can use the LOC as a down payment on a conventional loan or not. I am trying to avoid a H...
CAP Rates can be a beautiful thing, they allow an investor to get a quick comparison of properties without digging too deep into the deal.When using CAP rates on MHPs I want to give a few warnings because there are ad...
We are looking to develop and operate a portfolio of residential care homes in texas. From a financing strategy perspective, one method we thought might fit well is buying with cash (which we have for house one), then...
Newbie here - I see a big house on Zillow listed 25k below assessed value and wonder "what am I missing?" it is on the edge of rougher neighborhood but it seems like a steep discount. If someone bought this home could...
I’m about a month out from finishing the rehab on the property. (I own a upper/lower. Upper is being rented out for $990/month and my mortgage is $760/month. I plan to live in the lower unit when finished) I have a 2....
Most creative financing strategies for Subject to / Sub2 deals, have a workaround of avoiding the bank from knowing the sale has occurred, to avoid the due on sale clause. There seem to be very effective ways of doing...
I want to put a 40ft x 40ft addition onto a property in Flagstaff, Arizona (zip 86001). I have fixed/flippped/built additions for seven properties, and have either done or been involved with nearly all trades. I am ...
Are you navigating a Sec. 1031 exchange or facing deferred tax gains and looking to understand how to optimize your deductions?Today I wanted to share with you how to maximize deductions on like-kind exchanges using c...