I have a 3 family property in a lower to middle class neighborhood. The rental market is not what you would call hot right now, but I am looking to attract decent renters and stand out. The units have new flooring and...
Hi folks! My first post!Hopefully a quick question for you smart folks. I’ve looked into some research on 1031 exchanges but can’t quite confirm my thoughts. I currently have a SFR investment property (my first home, ...
So if I currently have a rental property that I purchased for $65k and spent $50k improving and I sell it a it a year after buying it for $250k in order to buy a rental property that costs $100k and needs $150k in imp...
My credit score is still fluctuating between 690 - 705. I pay off my credit bill in full every month, all my bills on time but I'm still staying around that score. I even increased my credit card limit last month.I'm ...
Hi all -I am looking for some guidance on evaluating the value of improvements to a duplex I recently aquired. Not sure what metric I should be using to evaluate this opportunity. The situation is that I have a duple...
I can finally originate Fannie Mae HomeStyle Renovation Loans, and I'm really excited!But.From my understanding at this point, there is one major thing that can be a deal breaker: if the appraiser concludes that the c...
I/we recently inherited a 1/2 acre lot with a small cabin on it, It had all originally belonged to my Mom, but then she suddenly passed away a few years ago and left it to me and my Brother. Prior to passing, Mom had ...
two questions...
1st is I do a general improvement to a building as I read the tax code the improvement should be amortized over 28.5 years .
However we did an improvement to just one unit with excepted life of 10 ...
Looking to give a few apartments a cosmetic facelift as tenants move out. Paint, new appliances in kitchen, flooring (fake wood) etc. What would be a workable average $ per sqft budget here in the Los Angeles market? ...
Hello,
I'm a new investor in the middle of modifying my investment strategy. I'm looking to learn much more about improvements in order to pursue fixer uppers. Does anyone have any home improvement book recommendatio...