Hi, Quick question on investing in motels. Does cost segregation and double depreciation apply to motel investing as well? I know for multifamily a general rule of thumb is roughly 35% of the purchase price can be dep...
Does anyone have suggestions on claiming rehab work done by property owners themselves as capital improvement expense? We are remodeling the kitchen/ bathroom/roof of a property purchased ourselves, but are not sure...
Do I need to get a CA LLC for out of state rental properties if the LLC is for the sole purpose of qualifying for a DSCR loan?
I live in California and need to form an LLC to get DSCR loans. I do not plan to buy prop...
I see a lot of folks mentioning on social media (more Facebook than here) that they wish someone would let them intern for free as a cohost. I think a more ambitious strategy would be to "flood the zone with value" - ...
I invest C+ to B neighborhoods in the Indianapolis (including Bloomington and Terre Haute) and Kansas City (including the suburbs). If we are doing a value add and assume that occupancy won't stabilize until the 3rd y...
Think you have what it takes to be a great real estate investor? Of course you’re a hard worker—that’s a given. You’ve put in countless hours building a firm knowledge of the foundational principles of real estate, an...
It's all over the news, real estate prices are jumping up. All the residents of New York City are escaping and moving to New Jersey. Homes are selling fast. So recently and often, my friends say to me, "you must be su...
This has been a question I've been debating myself recently, and I was wondering what BP's thoughts were:The situation: Your LLC owns and manages approximately 100 units within the same area. You have enough funds to ...
Hi! Considering our options - if we opened a Delaware LLC could we purchase a property under or transfer under if the property is purchased in CA?
Hi all,I wanted to pick the community's collective brain on investing in an IRA and get people's experiences on it.1. Can I invest in a self directed Roth IRA or does it have to be traditional? The goal is to use post...