Hello all! Wanted to start a thread and hopefully gain some insight into folks who have purchased automotive dealership lot/store fronts and leased them out? I've only dealt with residential at this point but am looki...
I've been thinking about this for awhile but unsure how the exact mechanics work. Stability: Homeowners tend to stay in their homes longer than renters, which can create a more stable environment for families and chil...
I released my general contractor a few weeks ago for failing to stick to his timeline and today I have been contacted by two of his sub contractors asking me for payment. I told them that they needed to speak with him...
Hey Folks,
I'm new here, I'm 19 with a big interest in real estate investing. I work as a Bicycle Mechanic full time, I am in college at Ferris State University with a double major, Mechanical Engineering Technolo...
further more can I then purchase my IRAs position in the property at a later time with personal funds?
Hi Guys,I would like to know if you guys have a checklist that you use to inspect new homes as part of your buying process. Sometimes we don't have a contractor with us and so it would be good to know what things to l...
So just wanted to share some newbie mistakes with you all , please take this into account wholesalers.
Firstly, when I first studied wholesaling, I was taught that all you needed to determine if you have a deal is
...
Hey guys,I understand that with a residential rental property, we are able to depreciate the house, not land for 27.5 years. My accountant told me that he would be able to accelerate the depreciation up front during t...
I am currently a senior majoring in mechanical engineering. For the past three years, I have worked for an engineering consulting firm in New York City where I have designed MEP (Mechanical, Electrical, Plumbing) syst...
I own a 4plex that cash flows $795 with 10% vacancy, 10% capex, & 10% repairs included. It feels like ever since I bought it, it's been a capex nightmare (roof, two heating systems, replacing gutters, etc). I dont...