James Luctamar
Solid / Reputable Property Managers in Columbus?
29 May 2024 | 14 replies
Hi All,Was fortunate to have the opportunity to close on a long distance multi family property out in Columbus. I'm currently aggressively vetting property managers. While in this phase I wanted to reach out to the co...
Yasmin Lopez
Tree at risk of falling. Homeowner pays?
2 June 2024 | 23 replies
And had 3 companies state the tree was immediate risk to human life then chose the one with the nest reputation and experience and could provide proof of insurance at that moment.
Tarcizio Goncalves
Capital Expense or not?
30 May 2024 | 9 replies
These expenditures are capitalized, meaning they are added to the property's basis and depreciated over time.Examples of Capital ExpendituresBuilding Additions: Adding a new room, deck, or other structural improvements.Major Renovations: Remodeling a kitchen or bathroom, replacing the roof, or significant electrical and plumbing upgrades.Appliance Replacement: Installing new HVAC systems, water heaters, or other major appliances.Structural Repairs: Replacing the foundation or significant repairs to the building’s structure.Labor CostsLabor Costs: The costs paid to contractors, electricians, plumbers, carpenters, and other professionals involved in the renovation are part of capital expenditures.Example of Capital Expenditures with LaborSuppose you renovate a rental property, including a new kitchen and bathroom.Materials: $15,000Labor Costs: $10,000Total Capital Expenditure: $25,000This $25,000 would be capitalized and added to the property's basis.
Steve Cook
Property Management - Repair Mark-ups?
31 May 2024 | 44 replies
Calling the plumber or maytag man at the drop of a hat is not ok.
Zachary Crosby
Advise/Tips for Opening RE Brokerage
30 May 2024 | 12 replies
It seems like KW is the most expensive to purchase, but one of (if not) the most reputable.
Nolan Whitaker
Trouble with an EMD lender
29 May 2024 | 11 replies
1500 Well, depending on how much your reputation is worth, I would recommend that you do your best to get him his $1500 back soon as possible and never do business with him again.
Candyce E.
Recommended dishwasher brand/model?
29 May 2024 | 0 replies
I’ll have our property manager’s contractor handle this (or do you think I’m better off hiring a plumber?)
Mikaela Ausbon
Tenant falls in her unit and wants my homeowner's insurance
28 May 2024 | 6 replies
The leak was immediately resolved within hours of the onset and the plumber summed the cause of all this to an old washer hose (nothing having to do with my pipes).
Andrew Sullivan
Analysis Paralysis: Where do I start?
31 May 2024 | 25 replies
The 26-year-old Master Plumber who replaced my water heater last month is laughing.Slow down.
Todd Gustafson
Flip2freedom academy - Opinions???
1 June 2024 | 48 replies
in my research these are the most reputable.