Mohammad Nur
Simple rental property depreciation.
I bought a rental property for 220 K last year. From my tax assessment, 80% of the value was assigned to the building and 20% of the value was assigned to the land. So, based on my understanding, I can only depreciate...
Ted Kawabata
Advice on a property in Florissant, Missouri (St Louis)
Hey BP and St Louis! Help me evaluate a property...Fully Rehabbed (pristine)3 bed 1.5 bathon Saint Catherine St. (Florissant, MO 63031)1222 sfHow realistic is $1,150/mo rent? Automatic? Total stretch?Is this an A-......
David Miller
Property Manager making me pay utilities
I have a couple units in the same market. The first unit I got signed with a PM and have been very happy with them. Standard stuff, tenant pays all utilities. Water and Sewer must be in my name, but the tenant is sent...
Jose Ponce
Refi Lender - 11 Office unit conversion to 12 apartment
I have already purchased the property and im in the final stages of city approval for the conversion. Need a lender that will cash out refi only for the original purchase price not ARV
Yahav Caine
Holding property inside an LLC from another state? + 1 question
Hey guys,I was researching about how to hold my upcoming real estate purchase, and understood that a Wyoming LLC or LP will provide the best protection because of the charging order laws over thereMy question is, can ...
Dru Hill
What do you look for in a Real Estate Agent?
As we are in a curious time in the market and with all sorts of litigation floating around the industry, I have a question for investors. How can Real Estate Agents like myself bring you value? What is important to yo...
Mark Costa
6-unit apartment building with RUBS implementation
Hello,I wanted feedback on a deal I am working on in the Syracuse, NY area. It's a nice neighborhood and close to amenities.I have an offer accepted on a 6-unit apartment building, which includes 5 1-bedroom apartment...
Thomas Hickey
2 prong outlets in MA?
Hi All,
I have a unit with quite a few 2 prong outlets. I know they are not section 8 approved but I don't plan on going that route anyways. Is there anything with code in a 3 unit that existing 2 prongs are not allo...
Jorge Abreu
👍 Learning from Mistakes: The Importance of Due Diligence
Wow, this crazy real estate journey has taught me a lot! And let me tell you, doing your research is just as important as wearing sunscreen at the beach.When you buy or sell real estate, you have to do a lot of study ...
Erandi Lechuga
Investing in billboards
In the process of cash out re-fi'ing my primary residence and will need to invest the money since I won't be able to open a new loan until 6-12 months after the closing date (if i understood correctly).Thoughts on inv...