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Our business has about 60-75% of the funds needed to make our first move into the STR world. Do you think it would be a good move to use a business line of credit to cover the remaining down payment and possible furni...
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To the companies that are syndicating and LP investors: What are your thoughts on cost segregation studies? 1. Do they save your investors money over the life of the hold?2. If your investors are W2 emloyees, how do y...
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I came across a 6 unit apartment that the owner wants to sell. The complex is an old school board building that has been turned into a 6 plex, all with there own entrance and parking. Has a new roof, new plumbing a...
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Anyone have any experiences with the company Direct Buy, as always, if it seems to be too good to be true it probably is, as they normally advertise 50%+ percent off, but my thinking is even if i was to get 20 or 25% ...
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Turnkey Dad hates the smell of cat urine and makes no money on the buy. Penis Dad thinks cat urine smells like money and loves a well placed penis on a wall. I just bought this one LOL. Purchase $80K, repairs needed...
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I’m buying a property in a couple weeks that was built in 1967 and occupied by the original owners ever since. They have since passed away and the heirs are selling the house. The catch is that the heirs (children...
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I just purchased a house at the court house steps auction. The house is fully furnished with a car in the carport. No one is living there. The furniture and car belonged to the widow that died. She had a reverse m...
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I have a choice between two cape cod homes that are otherwise about the same. One has low headroom in the stairway going upstairs to two bedrooms, with the master bedroom on the first floor. How much of an issue is ...
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Hi, for those here who own rental properties 1-4 unit residential, Are we able to use bonus depreciation when filing taxes on these assets? I was told that you are only able to depreciate These assets with their norma...
So I'm seriously considering putting an offer on a 1b/1b rental unit. The unit is in great condition, the location is awesome, the numbers check out. The unit already has a tenant in (tenant moved in almost 2 months a...