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6 September 2024 | 14 replies
It would primarily be the due diligence items that would cause a snag.
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6 September 2024 | 13 replies
I just can't see a world where there isn't some tax change that happens next year to at least make some of the more procedural items of the TCJA permanent + other changes.
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5 September 2024 | 14 replies
My Guess is these are likely small enough items/repairs that probably weren't looked at too deeply or considered during the due diligence and inspection, which I would totally understand.
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8 September 2024 | 31 replies
When you get an inspection done we send it to the builder and all items are repaired without question.
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30 August 2024 | 5 replies
I am looking to get some advice on the best ways to buy land and create a food truck park in TX.
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5 September 2024 | 16 replies
When talking with a possible Property management company the LAST item to discuss is $, I can't stress this enough.
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5 September 2024 | 7 replies
Just make sure you have a consistent policy for expensing items under this threshold, as the IRS looks for that consistency.In your case, if the Polyurea flooring is just making the garage look nicer and not really improving the structure or extending its life, you could argue it’s a repair.
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8 September 2024 | 101 replies
We respond to maintenance requests and fix the items as needed.I refuse to manage for a slum lord.
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5 September 2024 | 4 replies
These loans allow buyers to purchase a property “AS IS, WHERE IS”.Renovation loans are available in 30, 20- and 15-year fixed rate terms and can be used to purchase owner occupied, second home and investment properties.By time the renovations are completed, the home needs to be in move-in, live-in condition and conceptually ready to be resold without repair issues.Other Important Items to Know about “Conventional” Renovation LoansMaximum – Minimum Purchase/Upgrade Amounts:Maximum: Limited to 75% of the “after improved” valueOccupancy: Primary, Second Homes, Investment PropertiesRenovation Term:The renovation term for this program is a maximum of 180 days.The Borrower(s) is responsible for the work being completed within the escrow period.
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3 September 2024 | 9 replies
The food part is one thing, but charging them rent is another.I'd also check if the three are relatives or if they lied.