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28 October 2024 | 6 replies
If the rent amount, due dates, etc. are specified in the lease, there’s no need to provide an invoice.
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30 October 2024 | 28 replies
To solve this, I built a custom mobile app to handle rent payments and due dates because no other management software can handle the payment schedules or turnover.
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28 October 2024 | 10 replies
Also if you're using conventional financing, you will need to wait at least 6 months from your purchase date to use a new appraised value for a new loan.
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27 October 2024 | 6 replies
You can try free sites like Spokeo as a shot in the dark, but it's not too hard to find the owner's information if you are good on the internet.
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28 October 2024 | 15 replies
The most deceptive content on the internet is half true and sprinkled with somewhat correct data and professional-sounding lingo to create an impression of profoundness.
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28 October 2024 | 24 replies
My next goal would be to rent it for that and not take any cash flow from the property yet just keep it in the reserves then try to refinance at a later date or see if the home appreciates enough
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19 October 2024 | 7 replies
Question regarding Internet services for a Duplex.
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27 October 2024 | 0 replies
We're looking to renovate something before the end of the year to accomplish 2 things: 1) Improve home value so we can get appraisal, refinance and leverage that to buy a new property. 2) Take advantage of the tax credits that are out there in 2024 before the new year or is it better to wait until 2025 and just hold onto the cash I have at hand.Here is a list of renovations that will need to be done eventually:*Brand new basement kitchen (cabinets + add seating area - we already have brand new dishwasher, fridge, gas oven)*New standing shower in the basement bathroom*New Siding*AC/Furnace for unit 1 are close to end of life but still functioning*New Fence/landscaping*New Windows for the basement*New Garage (unstable, concrete shifting, very old)*Solar Panels on the roof (There is a $0 down payment lease option w/ sunrun, but I'm hesitant to move forward)*Renovate master bedroom closet for tenants (it is old & has built in entertainment center that is very dated)*Repair Catch basin*Adding better drainage system for back door.Greatly appreciate any help, insight or advice!
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1 November 2024 | 48 replies
You’d place in service with the total cost basis on the date on conversion to a STR.
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27 October 2024 | 25 replies
All of those pieces of information are available on the internet and in books.