William Walsh
Self-directed IRA distributions
I have a client that owns a condo in her self directed IRA. Can she transfer incremental ownership interests to her own name and report the pro-rata expenses and income on a schedule E? I know she'll have to report th...
Lane Babin
Estimating Storage Unit Monthly Operating Expenses
When developing a pro forma for a storage facility, what percentage of gross income should be estimated as operating expenses? I've see a feasibility study by an economist recently that mentioned using 45% of gross in...
Chad S.
Multi family info in real estate listings
Why do realtors sometimes leave out the rent, cashflow, and expenses in the listing.
How am I supposed to know if a property makes any sense if I don't have the numbers. I assume that if they don't post the n...
Julio Gonzalez
Cost Segregation Study on California Winery
If a Cost Segregation Study had not been performed on this $7,100,000 winery located in Napa Valley, California, it would have had first year depreciation of approximately $182,000. Thanks to the Cost Segregation St...
Momk M.
Do these numbers work?
On a multi family (2 unit) for 60k costCost Analysis Performed as Rental Property In: Rent - $16,500.00Out: (Annual) Actual Taxes - $861.00(Annual) Estimated Insurance - $1,322.00(Annual) Property Management (Optional...
Julio Gonzalez
Cost Segregation Study on Restaurant
If a Cost Segregation Study had not been performed on this $840,000 restaurant located in Irving, Texas, it would have had first year depreciation of approximately $21,500. Thanks to the Cost Segregation Study, the ...
Julio Gonzalez
Cost Segregation Study on Multifamily Property
If a Cost Segregation Study had not been performed on this $2,300,000 apartment complex located in Stanton, California, it would have had first year depreciation of approximately $85,100. Thanks to the Cost Segregat...
Jacob L White
Best Areas to Invest for Cash Flow in Northern Florida?
Hello,I am a Marine Transitioning into college at the University of Florida. I have about $150,000 in equity in a property and I am looking to pour that into some small Multi Family deals around Jacksonville, Ocala, G...
Abel Rodriguez
Working on my first real lead!
So I have been attempting my hand at wholesaling. (It’s not easy) haha but anyway! I finally got what seems to be my first real lead. Now lead has not actually gone anywhere yet. But I found a seller who is distressed...
Ben M.
Flood map for Houston
Hello, Is there a more recent/accurate flood map for Houston somewhere? Trulia has a FEMA flood map but I noticed it's missing some spots which I knew flooded...Thank you.