Matthew McNeil
Are you willing to invest in RE appreciation with 2 caveats?
The context being today's market.Assumption: the new asset would be in addition to your existing positive cash flowing portfolio.Requirement: the new asset’s cashflow cannot be negative. It must at least break even a...
Keith Meyer
California Drought - Impact on Housing Prices
With 2018 adding up to be yet another drought year in California, I'm surprised I don't hear more concern from real estate investors on the potential impact of the drought on housing prices.I see this as a two factor ...
Gene Clark
STR Utility cost in Kissimmee resort communities.
Looking to get into the Kissimmee market, and I’m looking for some insight on monthly expenses.What is the going rate for insurance, and monthly utility cost for about a 7-bed, 3,000 sq ft house? What are you usually ...
Gio Gonzalez
Appliances in Rentals
I have a unit that is vacant and has been on the market for a month now. It does not have a fridge and a stove. Is it common in the area to not include appliances? My PM says that it is. Will having the appliances fi...
Phil Davis
Plumbing costs...include drain lines and vents?
In putting together a scope of work for a property I am planning to offer on, I am referencing J Scott's "The Book on Estimating Rehab Costs". As it pertains to plumbing, does the $200-$300 per fixture figure in "rep...
Eric Fernwood
May Las Vegas Rental Market Update
It’s May and time for another Las Vegas update. For a more in-depth view of the Las Vegas investment market, DM me for our 2023 Las Vegas Investor Outlook.
Before I continue, note that the charts only include propert...
Samantha M.
Installing Central Air & Duct Work
If a property does not have central air not only are you going to have to purchase a handler and condenser, but you are going to have to do duct work as well correct?
What would be a good estimate for the cost of put...
Account Closed
Extraordinary and unexpected pandemic increase in house prices...
Here is an article by Don Layton: Senior Industry Fellow at Joint Center for Housing Studies of Harvard University: "The extraordinary and unexpected pandemic increase in house prices: causes and implications" Click h...
Rafal Soltysek
buying property in 2023
Is it good idea to buy now in Vegas or waited out ?... and if yes: SFR or condo/townhouse -- and I am talking from perspective either an investor or " regular " buyer - (first time home buyer)
Eric Williams
Capitalization Exception - Materials and Supplies
Per Indopco, capitalization is the norm, while deductions are the exception.In other words, instead of asking do I have to capitalize this, ask, what Code section provides an exception to capitalization.One such metho...