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Hi everyone this is my first time posting. I have been doing AC and Heating for the last 35 years and am tired of it. I have some road front property that I would like to turn into a small subdivision of lease house...
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I recently engaged into negotiating the purchase of a lot in Miami that is zoned for building 2 multi-families fourplexes. The developer sold me 3 fourplexes a year ago and offered me this vacant lot to built addition...
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As I work with new investors, I’m wanting to understand more about their mindset, reasoning and goals. For me, the main reasons I wanted to get into investing were . . .
1. Money (family, security, future).
2. Freed...
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My question is about depreciating capital expenses.I understand that I depreciate the building over 27.5 years. I have also been told that capital expenses must be depreciated rather than claimed as expenses. But ho...
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When interest rates were much higher, we only looked at places with a 10+ cap rate. Now that interest rates are so low, properties cash flow with a lower cap rate than in the past, leaving more wiggle room in pricing....
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Do builders hike their inventory home prices and then give a "discount" at year end? I'm asking because last year I bought an inventory home in Cypress TX that had a $10k discount, however the appraised value of the ...
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Investors looking to invest in Cape Coral, I need your help. I feel passionate about this one. We do not need another smoke shop on Cape Coral Parkway E.
We need restaurants, bakeries, gyms (cycle bar or pilates an...
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Suggestions on getting mentorship for beginning investors.
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I've come to realize that what you learn about a certain type of investing from a book is about 10% of what you really need to know to do it well and do it right. Call it the very tip top of the iceberg. But when you ...
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I have a combination of 2 HELOCs and cash totaling $375 (75k cash, 100k Heloc 1 200k Heloc 2). Instead of purchasing a duplex rental and do single family flips, I have considered looking for a 6-10 unit building and u...