I currently have the mortgage of my townhome i own in my name, and is currently my primary residence. I plan to turn this into a STR/MTR in March 2023 fulltime. My lender was not clear about what would happen if I tra...
New investor here!We had to replace our refrigerator in our rental, due to the old one breaking. Is this a Capital expenditure or an operating expense?I'm also wondering what the advantages are of classifying one as a...
I've been doing a lot of education on putting together a syndication but there are a couple items I haven't found answers for. Everyone on here advises having a securities attorney put together the appropriate busine...
Hi, I am a new investor and I'm contemplating buying a commercial property to hold. I've been using the general "50% of EGI" rule to analyze properties but I am curious what a "true" range is. I do have some questions...
Question regarding offering private money investors a preferred return... is this figure based on the net income the property produces after operating expenses? If so, I'm assuming then that you would run through thos...
I'm conducting an analysis of a few Duplex and Triplex units in my area but have not seen enough deals to get a sense for average operating expense ratios for these types of properties. Assuming a management company, ...
I am purchasing my first self storage facility and I am wondering since I want it to be owned under my LLC, would I need to do a DBA? Pros and Cons? What are my options if not?
Are shareholders to take a percentage of total deductions based on their share of income on their K-1's or the full amount. For example if a shareholder owns 20% of the LLC do they take 20% of the deductions on their...
Investment Info:
Single-family residence buy & hold investment in Foxholm.
Purchase price: $215,000
Cash invested: $50,000
First Investment Property full of learning Curves, but overall very happ...
Has anybody had experience converting a home into an assisted living facility? We are thinking of buying a 2500 sq ft SFH and extending it to 4,500 sq ft (from 6bed/3bath to 14bed/7bath). We have an operator willing t...