Hi! This is my first post, so here goes. I just bought my first 4-plex. It's in Cedar Rapids, IA. The purchase price was 113,000 and I put exactly 20% down. Each unit rents for 495/month... quick math would make one t...
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I just ran into an interesting situation. I just got remodeling plans approved by the city, and they gave me a permit, but I was just notified that my plans are in violation of the CC&R's.CC&R's have a setbac...
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I have a friend who's done a handful of multifamily deals and wants to start doing real estate development. I don't want to recommend the college courses because I don't think they will have enough practical informati...
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Hello everyone,I have a two story house that sits on top of an above ground garage. Currently this garage is completely empty except for the walls, cement flooring and 4 support posts. I went to the city of Raleigh pe...
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Almost 5 years ago my wife and I became landlords and we did it all on our own. No books, no blogs, no forums, no BP, no podcasts, no REIA's and certainly no team I would ever call on again to do it. Our agent was sym...
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Does anyone have an excel sheet that you use for "cost segregation"?
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I bought 2 homes from NetWorth Realty, one in Brandon & Plant City and rehab budgets for both went thousands and thousands more on a medium sized block home. The contractor that used to do THEIR estimates and the ...
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I'm considering a property that is built with painted cinderblock. It was built in the 50-ies and there is little insulation (I doubt the blocks are filled with foam, etc). Some of the interior is drywalled but...
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I think I messed up....My attic used to be 2 units back in the day, split between the left side and the right side. There was a fire back in the 80's and it hasn't been finished since...I decided I wanted to use this ...
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Most property owners have barely heard of cost segregation, and those who have think of cost segregation as a tax issue. Now forgive me for burying the lead, but for this specific article I will lay out a long-term be...