Jim Macedon
Developers: How Do You Guys Make So Much Money?
I put a piece of land under option and went through the whole process of getting quotes for everything for a 36 unit condo project. Below are the numbers I came up with. I have no idea how to make money in developme...
Eric McArthur
27 year old male, 730 credit score, 40% DTI, first time home buyer
27 year old male, 730 credit score, 40% DTI, no student/car/medical debt, first time home buyer looking for estimated max loan amount
Hello,
I understand that this is a case by case question with many variables in...
Clint Moore
Boston Note Land Contract offer
I have a Land Contract I just wrote beginning of this month. It's for a property in Lafayette, IN, 3 bed 1 bath alot of new stuff remodeled just before selling. The "note" is for 80k, 3k down @8.5% over 30 years with ...
Kisha Peterson
Help me analyze this deal
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*This link comes directly from our calculators, based on information input by the member who posted.
Christopher R.
Tax Implication of a Management Fee
Hi All,My CPA is questioning whether a Management Fee that I am claiming deduction on is appropriate if I am not acquiring these services from someone else. IE, I'm setting aside 10% of total rent as a management fee...
Jeff J.
depreciating laminate flooring
Carpet is depreciated over 5 years and new hardwood floors are permanently affixed to the property so it should be depreciated over 27 1/2 years. What about laminate or engineered wood flooring? Looking online it is...
Account Closed
Best A/C Option for smaller units?
Hi All!Working on a rehab project in Downtown Nashville and having a bit of trouble coming up with an HVAC solution. Previous owner had wall units for heat and window units for AC. We pulled those out (all the previ...
Rush Wall
Maximum Offer Price: Buy/Hold vs. Flip
I am always trying to improve my property valuations and was interested to hear from others how they were arriving at their maximum offer price. I know that there is more than one way to skin a cat and would appreciat...
John Vo
Real Estate Bubble?
I live in Houston,TX, where the real estate prices are just rising too quickly for me. I'm seeing an appreciation of 17%-18% in one of my property that was bought 5 months ago. While I like that my property appreciate...
Liese Lemaire
LLC's held in the name of family trust?
My husband and I own a number of single family rental properties in Oregon and California. We are having LLC's drafted for each and every property. We hired a lawyer for all of our rental properties in Oregon becaus...