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I’m new to commercial RE investing and I’m considering a single unit medical office for purchase for approximately 245,000. I plan to put 20 to 25% down and mortgage the rest.I should be able to get rent somewhere bet...
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I found a deal that looks pretty good to me after looking at dozens. I am hoping some veterans can jump in and tell me if I am missing something or if I am on the right track. In case I am breaking rules I don't want ...
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Hi all! My current full rehab duplex project is owned by an LLC which owns nothing else or has not generated income yet. My question is can I use the expenses incurred on the project as deductions even though there h...
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Multifamily operators, you no longer need to stress over filing annual tax appeals.
In this article, we'll walk you through the steps to successfully navigate the process in any market. Let's dive in!
1. Research ...
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I have always lived by the rule "Fail Fast" (without ever accepting failure). I mean this by way of I don't like to sit and over research (I don't accept the fail part). I learn best by way of Trial and Error with pre...
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Hi. So I'm still trying to get better at running numbers. Here is the property I'm looking at
It's a 3/2 build in 1965. Asking 89k
Taxes will be about $900, no HoA. I'm guessing rent will be 1200-1300. Notuch equ...
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I came across the Federal Weatherization Assistance Program, while researching LEED construction this afternoon. If you haven't ever heard of it, it is basically a program which pays to make homes more energy efficie...
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Hi, I use Tenant Cloud for all my properties and accounting and have a question about how I should allocate payments towards a HELOC. I have a HELOC on one property and used that money to put a down payment and renova...
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Can someone please break down the 2% rule and 50% rule down for dummies.. i just can't comprehend this . Can you break it down with examples ..:-) Just trying to figure out this whole 2% and 50% rules .. Thank you
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I recently purchased a useful tool for use in the care of my five single family homes. Clearly the useful life of this tool requires me to expense the cost of the tool over several years. Do I just tack this to one ...