How do tax deductions work if building a new rental property? I understand you can depreciate things like HVAC and roof over so many year. Does that same depreciation apply to new construction. For example if I buil...
Best way to shop for property insurance on a 15-unit multifamily in Bakersfield, CA ? Thanks.
We recently purchased a 6 unit complex that was full and had "good paying tenants." Unfortunately we have discovered that the guests of a couple of tenants were not being upstanding citizens and got themselves in tro...
I’m about to close on a multi family in west Humboldt park. 2 units with an unfinished basement (plan is to turn the basement into a unit)I’m on an FHA loan so I must live in one of the units for 1 year. But the thing...
I have a unique situation where I have a property (SFR) that I am in the middle of rehabbing, and got called away on a family emergency overseas and need to be away for a while (probably till May 2023) before I can ge...
I called a place and they want $599 + $100 installation for the cage. I don't know much about these, but this seems like a lot.For those who invest in neighborhoods where AC condensor theft happens, what do you do fo...
Wondering your thoughts if putting up a for rent sign in a tougher area sets you up for vandalism and more aggravation?
Thanks,
Scott Smull
Without a Cost Segregation Study, this $8.2 Million Self Storage in Stuart, Florida purchased in 2021 would have generated first-year depreciation of approximately $210,200. By applying a Cost Segregation Study, the p...
I watch the people slow down to check out the progress of a project and think to myself why the hell am I not taking advantage of this? For me, I'm more worried about getting more deals I want more projects. Some type...
What type of insurance is required on a multifamily property? (2-4 units) is it any different if you occupy one of the units? Also, what do insurance companies look at to determine your rate? Are there any factors in...