Derrick Lumsden
Depreciating HVAC Boiler
Hello All,
I am wondering if anyone would share their opinion or even expertise on depreciation vs repair.
I just had an old HVAC boiler replaced for $3900 including labor.
I know depreciation would cost out the ...
Crystal Davidson
Help with deal analysis - roadside motel
So I need help with an analysis on a potential purchase. The seller is elderly, foreign and is not working with a broker, so a lot of the financial work is not done for me, or he just can't answer my questions. I ...
Steve Lohbeck
Rich Investor
I was just told by a friend of mine there is no way I can be a serious investor because I have NO MONEY is this true????
Account Closed
First Real Estate Investment Advice Wanted
We have a budget of 250,000.My question is, is it better to have more properties worth less each, or less properties worth more each. Example would be I could buy 2 properties worth 100k each cash, or buy 10 propertie...
Matt Duffey
REO Offer Advice
I have had an eye on a unit in my building that was going through foreclosure for 3 years and it finally just was foreclosed on. I spotted the listing firm that represents the investor and had a nice chat with him to...
Rob Grove
Relocation to denver Colorado
Anyone in the Denver Market? My day job asked me to consider relocating and I want to get a feel for the area. The job site is 5 miles from Coora Field. Thanks in advance.
Jason Porto
Reserve Fund Contributions
I've been house hacking my place (I rent out a 3-bed 2-bath residence and live in a small in-law unit in the back) for just about 3 years and have been setting aside money each month for my reserve fund. I'm getting t...
Kwambe H.
Purchase Appraisal Higher than Rehab Appraisal
In March 2018, my partner (@Mauricio Botero) and I purchased our second property located in W. Germantown, Philadelphia. As we make our way through the BRRRR process, we now have to deal with a situation involving a r...
Jonathan Piedra
Lot Subdivision & Condo Conversion
Hi everyone,
I am currently working on a phased project. In Phase 1, I plan to renovate units of a three-family property and convert the property into condos. Then, in Phase 2, I aim to subdivide the lot and construc...
Corbett Brasington
Min profit to flip vs wholesale
For those of you who have an active business doing this what is your minimum profit for a flip vs its not worth the time or investment to flip and you would rather whole sale it?Said another way...how to you choose if...