Jeff D.
improvements to a leased biz space
I lease a retail space. First year. I put about 20k into remodeling the space this past year. What's the best way to account for that expense on taxes? It's commecial, and I don't own the space, just the biz...
Brandon Powell
Setting up or Paying with Credit Accounts in Solo401k or Self Directed IRA
I need advise from investors who have had their SD Retirement accounts set up for a while. I have one major hurdle that I can't seem to get past.In our Fix and Flip business (in a non retirement owned LLC) we utilize...
Matt Vaughn
Property/House Surveys: When and When Not?
I want to hear everyone's opinion here. Under what circumstances do you guys order a survey of your property and when do you not? Are there any low cost strategies that you use to minimize risk without ordering the ...
Joseph Davis
Self storage deal?
Hey guys so I came across a newly built storage facility for sale. I wasn’t looking for it. I’ve actually been looking for long term rentals for my first deal but I thought self storage would be something really cool ...
Brady Moxham
New Agent selling Multi Family
Hey everyone, Just started into my agent career about 2 months ago. I’ve done 3 deals now acreages/single family. I’ve got my first client looking for multi family properties. Particularly triplexes. Any tips on doing...
Billy Bob
Fannie Mae rules on Chapter 7 investment property?
I've been searching online and it looks like if you had a Chapter 7 BK Fannie has a rule that you cannot get a loan on an investment property for 7 years! Is that correct? If so, what are my options, a local bank t...
Jake Scott
Understanding a Profit & Loss Statement
Attached is a P&L that was sent to me. I'm looking for some experienced investors to give feedback on what to look for when reading a P&L. I know it doesn't tell the whole story but highlights or things you se...
Tai DeSa
Bought this short sale and was lucky to sell for a profit
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $210,000
Cash invested: $40,000
Sale price: $306,340
We bought this as a short sale at the height of the housin...
Jasmin Hernandez
Triplex - Buy and Hold
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $350,000
Triplex in the Phoenix area
What made you interested in investing in this type of deal?
Wa...
Brandon S.
Sample of Scope of Work for Apartment
I'm looking for a sample scope of work for a 20 unit multi-family apartment. I'm having a general contractor perform the work and this will be my first apartment renovation. Any help would be great! Thanks in advance!