Kenny Shiozaki
How often to visit out of state investments when purchasing
So for the average person I always hear you should go visit the place which is obvious however the dilemma that I'm coming to is should you go to the area to get a general sense and then return home then schedule a fe...
Serges Lemo
What is the best way to safely purchase without visiting?
Hello real estate pros, I am a newbie here and need your advice. I have a great deal on a duplex off the market but it's in a different city that I can't visit due to current schedule. Are there recommended ways to pe...
Rina Amir
First time purchasing restaurant NNN due diligence and site visit
When purchasing a NNN restaurant what do you look for during due diligence and visiting location? I know we'll do Phase 1. We'll get financials from franchise few years back (how many years to ask for? They have been ...
Melanie Baldridge
"Does the IRS require site visits for cost segregation studies?"
A question that we get:
"Does the IRS require site visits for cost segregation studies?"
While the IRS does not mandate a physical site visit, the IRS cost segregation audit technique guide (ATG) does suggest conduc...
Bob Gruenig
Deductibiliy for travel to rental market pre- and post-purchase?
I purchased a out-of-stated rental property in May 2018. I visited the area prior to purchase of the home and then visited it in December 2018. Is my first trip deductible, having eventually purchased a rental prope...
John Philip Eugenio
Clevelend Ohio Market
Good morning BP,My and I are planning to visit to Cleveland, OH next month. We would like the check out to possibly purchase Multi-family/SFH in the future due to affordability which makes it easier scale my portfolio...
Lauren Christensen
Chosing a market based on your travel addiction
Anyone here a travel addict?! No? Just me? Im sure that is not the case!One of my dreams that greatly feed into my investing goals is to have properties that bring in cash flow but also allow me to write off my travel...
Sinil Kim
Invest out of states. Do I need visit before making an offer
I’m a newbie, living in New York City.I can’t find properties make possitive cash flow near my town. What city should I look at?If I find a property remote area, shoul I visit the property before making an offer? Shou...
Kin Hei Lam
Is this a Scam?
HiI recently saw a property on zillow. It is listed as for sale by owner and the asking price is well below the market value of the home. I sent the owner a message and yesterday, got a reply from someone in London cl...
Esteban Cardenas
When investing out-of-state, do you really need to visit area?
I'm a new investor looking to invest out-of-state and have heard its recommended to physically visit the area you are interested in. What exactly are you looking for or trying to accomplish with this visit? With tod...