Brian Champine
Depreciation recapture - a losing proposition?
Most of the articles that I've read assume that capital depreciation is deducted from current year income at 25%, or deferred in the case of someone with too high of an AGI to deduct real estate losses. In my situati...
Jake Larson
Internship
I'm new to the investing world and I'm really wanting to learn everything there is to know. I've read books, listened to podcast but now I'm want to get involved. I'm willing to run errands, file paper work, get coffe...
Philip Devine
Attempting to diversify my cashflow with a laundromat
The laundromat is very beat up but also very popular. I've never owned before so it is a learning curve, but the cash on cash return is so far phenomenal considering I just stop by every morning to check on the attend...
Jeff J.
Getting rid of smoke smell in a carpet?
We just turned an apartment previously occupied by a heavy smoker. We primed and repainted the whole place and washed the carpet (tide and bleach) but there is still a smoke smell probably from the carpet (and maybe ...
Kenneth LaVoie
punch lists for contractors
Hi
I'm a fairly new landlord (almost two years) and am working on getting efficient. One thing I'm putting together is a punch list for the "last man done working" in a unit to make sure it's "rent ready." Being new...
Thomas Harpole
Need help calculating profit for a Fix-Flip deal in Denver, CO!
Hi there,
My business partner (Jordan) and I need some help calculating the profit for our recent fix and flip in Denver, Colorado.
We, as a joint partnership, originally purchased the home for
$340,000. Jordan ...
Tim Fode
Softening Rent Prices
Hello all,
I work for a property management company in the Denver CO area. We are having some issues leasing our properties, specifically our B and C properties. We have had to drop rent for multiple properties. I wa...
Kevin Nichols
Washer/Dryer hookups
We are currently rehabbing a duplex that has no washer/dryer hookups. There are closets near the plumbing that we can use and I got a quote of about $900 to run plumbing and electric. We already have the drywall down...
Danny Frye
How do I make this deal happen
I have a Seller that wants to wash his hands with NC and move back to MS. He wants me to just take over his loan, but I am hitting resistance with lenders. I have an LLC, but have not field for my tax ID yet (ope...
Garvin Yu
Money operated laundry
Is there any way or device that can turn ordinary laundry machines into money operated such as a special receptacle, etc?Coin operated machines are too expensive and used ones are all beat up and hard to find Thanks!