I am an Accountant living in Washington State. I have always had an interest in Real Estate. I am eager to learn and grow.I also have an interest in communities and community health, and hope to use my knowledge event...
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My investment account is currently worth $380k. Would you cash it in in order to make a 25% down payment on a 16 unit apartment complex? I would have to pay about 35k in capital gains. Here are the numbers: $1.4 m...
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I am looking at investing in my first multi-family property. I have a few questions, where can I find an accurate Cap Rate for any given area? Also, utilizing Rentometer, the current rent fees are low compared to th...
I am acquiring a 4-plex in Texas that has tenants in place. The seller just renewed the leases 4/1. The rent is well under market and I would like to raise it accordingly. As I understand it these leases will transfer...
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In recent weeks my mortgage rate quotes have gone up from 4.375 to 5 for a conventional 30 year 20% down mortgage in Memphis, Tennessee. Have rates really gone up? The two that I am speaking to say they have gone up. ...
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If a Cost Segregation Study had not been performed on this $1,200,000 warehouse located in Orange, California that was purchased in 2018, it would have had first year depreciation of approximately $10,225. Thanks to...
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If a Cost Segregation Study had not been performed on this $10,300,000 business center located in Brentwood, NY that was purchased prior to 2023, it would have had first year depreciation of approximately $154,000. ...
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If a Cost Segregation Study had not been performed on this $2,000,000 Retail Convenience Store Property located in Fort Valley, Georgia that was purchased in 2020, it would have had first year depreciation of appr...
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If a Cost Segregation Study had not been performed on this $1,100,000 Retail Business Property located in Montrose, Colorado that was purchased in 2021, it would have had first year depreciation of approximately $28...
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I am looking to purchase a 5 unit apartment complex with only 40% occupancy. Is there any possibility that the bank would loan in this property? And what are good strategies to increase occupancy?