Spencer Alessi
Electric Meters - How difficult to split them up?
Hey there. I'm new to REI and am working on finding a good deal for my first investment. I've come across a property that I like and that appears, at least initial numbers, to look like it might be a good deal. It's a...
Curtis H.
Yellow Letter worked. Now what?
Meeting with a seller tomorrow based on Michael Quarles' advice on marketing to 65 and over with equity.
Home worth $450-500K as it sits now.
Owner bought in 1988 so nearly paid off.
Took $125K lo...
Steven Westlake
Section 179 electric vehicles choices
I’m trying to get my head around electric vehicle choices and if the math now makes sense with $5 gal gas, or $7 diesel. I’m only looking at if the math can make sense, not environmental issues. So I currently have a...
Srini Ramkumar
Out of state turnkeys
I am starting to read up on real estate investment and quickly realized that investing close to where I stay(California) is not possible as 1% rule does not really apply here. So I have been reading up on out of state...
Peter S.
Calculating Return on a house for rent
Hello all, I have a numbers based question that I can't quite figure out. I currently own my home and have a mortgage on the property. I am looking at potentially buying a new home and renting out my current residence...
Nick Hammen
Financing Renovation With Mortgage
I am looking to close on a rental house in the next month. I'm estimating some rehab costs before listing it for rent. I would like to finance the rehab work by rolling it into the cost of the mortgage instead of taki...
Brandon Purdeu
My first potential deal
So after about 2 dozen showing I have narrowed it down to 2 properties but I'm leaning towards one property, I would love some input on my numbers. The home is on a lake with direct access and about 75ft of lake front...
Russell Maddox
Demolition costs/new builds
New to the game, and trying to get estimates for demo and new build cost per sq/ft. In the Nashville, TN area. Anyone have some ball park numbers I should consider?
David Mitro
Converting carport to additional living space
In my area, most of the REOs come with carports. Most of the rehabbed homes have these converted to additional living space (300 sq ft). This increases the value of the homes by about $30,000.I have been using the @J ...
Anne Grello
Cost Segregation Studies
Thoughts on filing Cost Seg for taxes? Is it a good idea? What do you do with the money? What happens if I sell the property before the 27-year depreciation point? (Ideally I want my property to help pay for my kids c...