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I am currently helping a client purchase an Airbnb which was pitched as having 70% occupancy at $200 per weekday and $350 on weekends. They also mentioned on average it nets about $4300 per month. When I do my math it...
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Hi friends! Florida newbie here again. If I want to sign that “1031 Form” to avoid capital gains tax..how far in advance to the closing do I have to file that? I’m putting on the market in beginning of November when m...
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In the last 18 months, my partner and I have bought 4 properties (24 units) in Fargo, ND or Moorhead, MN ("twin" cities). In my initial financial models, I was using 10% of gross rents as an estimate of ongoing maint...
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Hello,I recently had an idea for adding a golf simulator in a room as an added amenity. A decent one can run you about 10k. Has anyone tried this? What are your thoughts? I personally believe it would add a ton of val...
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Hello members,I am new to real estate and looking for some insight into the location in Ohio to invest. Thanks.
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Property
The building has three 2/1 units leased at $1,146 (Rent & storage/garage) a month. The other unit is ready for move-in. The location is downtown Westminster CO, new residential development and commercial...
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Ask them when the last time they took a course in tax theory was. A CPA is not required to take any CE in taxation after they have their license... So please do your due diligence as well. I know some very good CPA ...
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Hi: Currently I am considering whether or not to keep or sell my older home in the LG Mountains. It was a cabin built in 1936. I live in the property & have put money into the property such as double pane window...
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Hello BP!
I am from the Nashville, Tennessee area and new to REI. I have been educating myself in every way possible over the last 3 months. I have now decided to jump in head first and I have been making offers on ...
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We are sure you have noticed a number of changes in the real estate industry during the past 14 months of Covid. Some of these changes have benefited the 3rd party property manager and some have hurt. Here are five ...