Carlos Santiago
calculating land value for depreciation
hi -- i've got a rental property I purchased this year -- I know for depreciation I have to pull out the land value -- is there any set way of doing that? can I just estimate about 20% of the purchase price?
Raymond Ali
How should I invest in this commercial property?
I am a newbie investor and I need help, I don't want my 1st deal to be a nightmare. I'm looking at purchasing a 12 unit multi-family senior living facility. This business is already fully staffed and up and running Bu...
Will F.
How do you determine local CAP rates and expenses? Los Angeles
I'm looking into NELA Northeast Los Angeles, Downtown Los Angeles outskirts, and Long Beach for Cap Rates and expense rates.What do investors look for in CAP rate for Northeast Los Angeles, or Long Beach? For example...
Matthew Keller
Property value question
I’m looking at a property that is for sale by owner. Asking 259,000I’ve looked at the county property appraiser page and it has an “appraisals” drop down and an “assessed and taxable values” drop down menu. For 2018 i...
Margie Brooke
How to split profits in a house flip between partners
A friend and I are flipping two houses. 100% of the funds for both purchase (paid cash, no mortgage) and the labor and materials are mine. I pay for the staging furniture. The bulk of the labor is done by subs, howeve...
J Scott
Determining Loan Terms
Hey folks,
I just bought my first MH, and I'm getting ready to do the rehab and marketing for a buyer.
My question is, how do determine the optimal terms of the note I will negotiate with the buyer? And how should ...
N/A N/A
Cost Segregation???
Hello, I recently bought a small store just outside of LA, and my accountant was telling me if I wanted to save some money on my income taxes for next tax season, I should consider a Cost Segregation Study. He told me...
Steve R.
How much to bid at a sheriff sale?
Great website!
What a great source of information.
I am a buy and hold investor.... for the most part.
Briefly I have purchased 3-4 family buildings in the NY tri-state area. I have experience buying and managing the...
Gibran Saliba
Closing costs figuring out
I have to figure out how much closing costs will be for me when I have to get a house under contract. How do mathematically find my closing costs amount so I can finish my MAO formula. Thank you.
Bryan H.
Determining Offer on MHP
I'm looking at purchasing a MHP, asking price is $220,000 with CAP rate = 12%. With 25% down and after expenses my ROI is about 21%.
I'm pretty sure the seller determined the price by starting with the CAP rate to g...