Account Closed
Land acquisition checklist
Hi all,Would anyone share a due diligence checklist they use during raw land acquisition for purpose of single family residence construction.Thanks in advance.
Dado Vucak
Deal Analysis: Lot Split Build New Construction
Hi all - I'm looking for some advice in terms of what do with my current primary residence.It's an old 1900s farmhouse (on septic) that has been remodeled and sits on a flat half acre lot with a 600 square foot detach...
Webster Edpao
Figuring/estimating depreciation costs
Hi. First post. 😁I understand that to determine depreciation, one takes the FMV minus the cost of the land and divides bu 27.5, correct?However, how does one determine the cost of the house(alone) on the property? Is ...
Ryan Watson
Sticky situation for Subdivision
I've come up on a unique scenario where there are some lots for sale that there is no legal access too. The trick is there is access to it, plotted out public right of way on a map. However in this subdivision they...
Jin Soo
Where can I go to find out everything about a property?
Where can I go to find out everything about a property?
Such as:
-The owner
-Previous sales
-If there is anything wrong with the property
-Loan balance
-Comps
-Hidden fees, liens, back payments
-etc
I know title comp...
Brandon Mitchell
Building buyers lists outside of your main area
I am a wholesaler in Lee county, Fort Myers area, however I acquire good deals all throughout Florida and even other states. Problem is I have no buyers outside of my area. I have been trying to partner with other who...
Frank Chen
HVAC Depreciable Life
What is the depreciable life for a HVAC unit within a commercial building? Is it considered equipment depreciated for 7 years or qualified improvement property depreciated at 15 years? I'm not seeing a clear answer un...
Joe Nomeste
Are All Properties on Costar and Loopnet?
I see a lot of people on here talking about trying to find pocket listings. My question is why wouldn't every broker put all there properties on Loopnet and Costar?
Michael Sager
Help! Need a cleaning service for building
Hello!My family owns a 15 story, 54 unit apartment building in Chicago, and our current cleaning "crew" consists of a woman who lives in the building with significantly discounted rent as a trade for cleaning public a...
Stuart Udis
Mix-Use Acquisition & Renovation
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
4,000 SF Mix-Use building consisting of three apartment units and 1 commercial space. The building was acquired vacant and will rece...