Hey everyone, I just recently decided on growing my knowledge on real estate and starting to use my money for investing in real estate as a vehicle for passive income and financial growth. My GF and I almost closed on...
A lot of people ask me if it’s beneficial to do a cost segregation study on a single family home, the answer is yes! Determining exactly how beneficial is based on a multitude of factors, but a cost segregation stud...
those of you experienced in this asset class. have you used cost seg and how does it work for this type of asset.Other than the normal things you would include in any real estate.. wondering since its a bizz if you c...
For all you veteran ComREI's, I've seen PNL's that have included Capital Improvements (although, they were not categorized under Expenses, they were a Sub-category of Other Costs)....so the question is, to include or ...
I'm currently analyzing a theory that can help many people achieve financial freedom, but I need your feedback to validate it.The idea is simple: purchase a property with a mortgage and put it on Airbnb as a short-ter...
I'm looking to buy my first rental property soon. What price range and areas should I be looking to buy in? I am also a real estate agent and have access to a couple of different MLS' in my area. I am in the Missouri ...
All,
I have run across an HUD owned home in a great neighborhood...1700 sq ft, 2 beds, 2 baths, a rec room, and an office (bedroom w/ no closet). It is on a corner lot, and similar houses are going for 130-160K. Thi...
New investor here!We had to replace our refrigerator in our rental, due to the old one breaking. Is this a Capital expenditure or an operating expense?I'm also wondering what the advantages are of classifying one as a...
Hey guys, looking for advice on how to structure a partnership with a contractor for some fix and flips. If anyone has experience with this I would really appreciate your feedback.I have a good relationship with a con...
We bought our first property last April owner occupied/conventional loan with 3.5% down. After speaking with our mortgage guy a few months ago he did a prelim pre-approval and said everything was good to go.Found a du...