Dennis Knapp
how to figure repair costs and arv
15 January 2025 | 7 replies
Rehab costs and ARV (After Repair Value) are key parts of evaluating deals, so it’s great that you’re diving into these concepts early.For rehab costs, creating a rough estimate starts with understanding the scope of work and local pricing for materials and labor.
Account Closed
Buy This, Not That: 4 Best Materials to Fix Up Rental Property Bathrooms
24 December 2024 | 2 replies
Quote from @Account Closed: I would say.. can you save the tub and re-glaze and redo the tile on the wall can save you $1,000 or more just on materials and labor..
Paulette Midgette
A Contractor I Would Not Recommend
17 January 2025 | 12 replies
Some of the materials we choose and asked him to pick up (such as flooring) he replaced with low quality materials, I assume to keep more of our money for himself.
Chris Ke
200k down payment available and I can benefit from tax deductions
14 January 2025 | 5 replies
Focus on tax-saving strategies such as cost segregation studies and bonus depreciation to accelerate deductions.By qualifying as a Real Estate Professional (spending 750+ hours annually and materially participating), you can offset your wife’s S-Corp income with real estate losses, reducing your tax liability.
Michael Overall
Utilities and Interest during remodel Basis or year deduction
21 January 2025 | 10 replies
I understand the basis is all the remodel cost or labor and materials.
James Mc Ree
Does a dedicated shed qualify for a home office?
8 January 2025 | 0 replies
I have a 10x8 shed that I use exclusively to store real estate materials and supplies.
Jimmy Jeter
New construction, 75% done. About to run out of money
28 January 2025 | 11 replies
A deposit at the start of a build is normal, this usually pays for materials and labor to get started.
Jacob Dalton
Should Cook County be a "No Go" Zone for Single Family Rental Investment?
22 January 2025 | 12 replies
I am asking anyone knowledgeable to provide any measures or strategies that could materially make a difference in heading off the risk of serious financial harm of the eviction process with non-paying tenants.
Scott Stamps
BetterLife Tribe program - Brandon Turner - looking for reviews and feedback
20 January 2025 | 8 replies
From the public website,The BetterLife Tribe program offers everything you need to achieve real estate success:Monthly Calls with Brandon Turner and top real estate experts, providing you with insider knowledge and strategies.1-on-1 Personalized Coaching to tailor a growth plan specific to your goals and challenges.Access to the reiOS System of Success, the exact operating system Brandon used to scale Open Door Capital to over $1B in assets.World-Class Real Estate Education and Tools that equip you with the skills to dominate any market.A Thriving Network of 1,000+ Active Investors ready to support, inspire, and challenge you on your journey.Seems like a great program like many do in the marketing materials
Nadine Wallace
Advice on temporary security cameras during rent-ready repairs on long-term rentals
16 January 2025 | 7 replies
We have had two homes broken into and materials stolen recently.