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11 September 2024 | 18 replies
If 80% of $4,200 ended up on the depreciation line (in addition to the regular depreciation of the building) - you are fine.
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10 September 2024 | 8 replies
You do not state what is actually "breaking" with your systems, but AC's generally last longer than many other appliances when they are properly and regularly serviced.
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10 September 2024 | 8 replies
I clearly don’t get on here regularly enough 😑
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13 September 2024 | 50 replies
It is also relatively inexpensive compared to LLC formation, upkeep, and yearly registration/possible tax.The #2 point that makes this a mute discussion is you are not going to be able to move a property underwritten by a GSE (as most mortgages today are) into an LLC legally.
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13 September 2024 | 35 replies
Hi Anna,We can do 80% ltv in this price range and regular do one or more properties for clients in OH markets.
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9 September 2024 | 3 replies
To stay on track, I suggest having a detailed project timeline and regularly checking in with your team to keep everyone aligned.The real estate market can change quickly, impacting your projected sale price.
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8 September 2024 | 9 replies
Replacing three 10,000 gallon tanks (hi-test, regular, diesel) can run $150,000.
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9 September 2024 | 18 replies
But when I am at this stage, do you believe regular conventional loans will be my alternative option to still scale up to, say, 10 properties without having to, “bounce all around the place,” using the VA home loan.
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6 September 2024 | 4 replies
@Stepan Fedetskiy section 8 can be good option if you have a good PM who maintains the property in good shape all the time as per the needed standards. best part is govt pays a portion of the rents so you dont have to chase tenants, downside the upkeep of the unit will eat up appx 20%. so its little tricky..sounds good on paper but when you go through one you will get an idea. i had 4-5 section 8's , 3 of them had no issues, but 1 of them had lot of issues and ate up all the profits.
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8 September 2024 | 0 replies
Provide Constructive Feedback and Recognition Regular Feedback Loops: They provide timely and constructive feedback, focusing on growth and improvement, not just correction.