How do you assign general expenses incurred in your rental business to individual houses for tax purposes? By general expenses, I'm referring to equipment purchases and mileage when we drive by all properties periodi...
Gross revenue of ~$75k, NOI of ~$35k, valuation based off 4.3x gross-revenue, not 5-7% cap rate. Better Cash flow monthly?My realtor called me recently with an interesting investment opportunity - a local car wash. It...
Hey everyone! I'm Chris Hooker from West Columbia, SC and I'm looking at getting into real estate investing. I currently teach at an elementary school and own a small part time landscaping business. I'm really inte...
Newly started LLC for investing in rental properties. What can I expect to write off at the end of the year? Any guidance on what mistakes were made by any of you early on? Should I hold off on buying equipment suck a...
Trying to figure out the “real” cost of installing a new central AC unit and replace existing old furnace.This is in San Jose, CAHome is 1600 sq ft - 2 story Got quotes that range from 8.5k to 15kI guess the need is a...
I'm in escrow on multi-unit property in Utah and title wants an exception on their title policy for correct property lines because they property lines overlap and they don't know what they should be. I asked them to...
Need to raise some money to star investment in real state. Thinking on a side job to increment income. Came across Matterport and the use of it for listings, rehab contractors and many more. Just wonder if I’ll be abl...
Hi all,I currently own a 2 family home in New Britain, Ct. I do all the maintenance and I plan to do all the maintenance (that I can) with all my future houses up until the point of 15-20 units. My current Multi does ...
generally saving for real estate so I guess it’s kinda similar, Looking for business loans advice I wanna finance equipment ie.. ring saw and an excavator, is their a maximum for lease portion of the loan or is it...
Investment Info:
Other private money loan investment.
Purchase price: $1,800,000
Cash invested: $960,000
120ft tunnel carwash with 3 detail bays and an upstairs business office. rebranded the carwa...