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9 August 2024 | 9 replies
We are doing individual room rentals it’s a 6,000 sq ft nine bedroom home Things I have heard to include besides basic items are air fryer insta pot tea kettle vacuum sound machine black out curtains and full length mirror We do plan to add a sauna, exercise equipment and possibly a hot tub.
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11 August 2024 | 8 replies
does HOA have adequate funding for this and other cap ex items.
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10 August 2024 | 8 replies
try not to purchase items on credit cards for multiple properties, at 1x, make 2 receipts, and write a reimbursement check from the property account.2.
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8 August 2024 | 7 replies
Another big item of difference between the two products is the FHA inspection. 5% does not require a secondary inspection for the product.
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8 August 2024 | 11 replies
Here's a breakdown based on your examples:Carpet, Vinyl Flooring, New Toilet, New Vanity, New Tub: These items are typically considered assets because they are permanent improvements to the property that provide lasting benefits.Plumber Labor for remodel: Labor costs for installation or repairs are generally categorized separately from materials.
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13 August 2024 | 97 replies
They can spot big ticket items that are not easily seen beyond cosmetic repairs.
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12 August 2024 | 13 replies
There is also the equity pay down which varies depending on a lot of items (rate, years into loan, LTV, etc) but starts (day 1, improves every month), even at the current higher interest rate, at ~0.15% of purchase for 80% LTV.
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9 August 2024 | 6 replies
@David Alejandro Hernàndez “harden” your rentals, do not add high maintenance items.
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8 August 2024 | 5 replies
Also note they will never pay out more than 3K and with HVAC or other large repair item that is not worth paying for it for years.Duck em!
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8 August 2024 | 9 replies
As for returning the deposit if there was clean up, hopefully you took photos of the condition of the home once it was vacant and have an itemized bill to present the former tenant.