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30 August 2024 | 17 replies
Over time the balance builds up in my account and will pay for any damage or lost items as needed.I started this process about a year and a half ago for all 3 of my properties.
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30 August 2024 | 9 replies
Smaller ones are filling up within 12 hours and the large unit they left with 2x 5 gallon water jugs to empty into AND a catchment below....because obviously the sellers knew that it fills over 5+ gallons in just TWO DAYS.We have had to get a structural engineer in who has noted other water damage throughout the basement (unfinished) that was hidden behind sellers boxes and personal items during our inspection.
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29 August 2024 | 16 replies
Items to purchase list: https://docs.google.com/spreadsheets/d/1Yls8YiWI9WIs0J-jWYdD...3.
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31 August 2024 | 12 replies
An LLC doesn't provide you the ability to deduct something that wasn't deductible before.You also want to be wary of 2% itemized deduction which is what you are describing a lot of your expenses.They are currently non-deductible at the federal level.
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8 September 2024 | 168 replies
If neither of these two items are an issue then I can't see why they wouldn't let you do it.
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30 August 2024 | 15 replies
If you're able to get those items over before our call tomorrow we can go through and run more numbers based on offsetting that payment.DSCR is always a possibility for a new home, but it would not have the benefits of a primary residence lending option (terms and down payment).
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29 August 2024 | 4 replies
@Nate PucelThis will get answered based on the contract you have with the roofer and possibly your insuranceTypically a contractor is not responsible for consequential damages - meaning if they break something they are responsible for that item, not for any lost revenues etc.Now your insurance may have rental loss on it and they could go after the insurance of contractor but that also depends on your type of insuranceSo the answer is : it depends on what the agreements are
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30 August 2024 | 8 replies
Make sure that you have all your notes, pictures, work orders reports etc...keeep copious notes, its one of the most important items.
30 August 2024 | 13 replies
There are not any unsafe items that MUST be repaired.
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29 August 2024 | 3 replies
One additional item is that I am planning to move out of my current residence no matter what, so will need to rent/buy for that.