Kevin Silva
How do you decide what “needs” to be replaced vs repaired
Hey all, when you first go out and do a walkthrough of a property how do you determine what actually needs to be replaced versus what can be fixed or modified or even left alone to keep construction costs low enough...
Stanley H.
Maintenance cost of 50 years plus property?
I was reading Mark Ferguson's blog and came across this cash flow calculator.http://investfourmore.com/rental-property-cash-flo...In that he mentions that house older than 50 years have on an average 25% maintenance c...
Michael Hayworth
Wow - 4 Offers Over List in 24 Hours!
When I first started investing in real estate 5 years ago, the first house I did was a flip. The second one was my first rental.That rental has had a great tenant in it, with regular rent increases, for the last four ...
Rob Stewart
Looking for cost effective cabinets
I am beginning my first official flip, which is located north of Nashville. I'm looking for recommendations for a cost effective cabinet source. I posted a similar post in the Nashville, TN local forum section, but I'...
Josh Shneyderov
How much do you budget for vacancy, repairs, etc?
Newbie here getting ready to buy my first 2-flat. I plan to self manage. I’m curious for my model what people budget on average annually for vacancy, repairs, upkeep, etc?
Michelle Wood
What should I ask and know when considering purchasing property with avocado and lemo
I'm considering bulying a 22 acre property that has a productive avocado and lemon grove on it as well as a home for my family and a separate residence for my parents. What should I be asking and what should I know be...
Account Closed
Cost Segregation + Bonus Depreciation
Hello everyone. I’ve been following Michael Blanks content heavily over the past 2 months and what really stood out to me is the cost segregation & bonus depreciation. If someone could please explain these terms a...
Ayodeji Kuponiyi
What comes first? Cap Ex before the NOI or after?
Hey BP Nation! I shared another deal I'm underwriting and came across the issue of Cap Ex with some BP members. I included the Cap in my 55% of the expenses and apparently I was wrong for this that. I was told the fol...
Justin Fox
Depreciation of appliances, fixtures.
If you put your previous home up for rent (10 years old), can you depreciate the appliances, and fixtures separately even if the the appliances and fixtures are not brand new?Thanks,Justin
Julio Gonzalez
Car Washes and Their Unique Cost Segregation Study Benefits
Cost Segregation is a bit of a buzz word these days, but in case you aren’t familiar with what a cost segregation study is, let me explain. A cost segregation study is a strategic tax planning tool that separates the ...