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13 December 2024 | 4 replies
It also becomes more difficult to separate out construction related liability when there's one partner who is responsible for the construction management.
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17 December 2024 | 8 replies
Given Covid related material and supply shortages, should I plan additional buffer time around my contractor's estimates.
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16 December 2024 | 7 replies
finding land that relatives bought years ago.. inherited owners just dont know what it is or have even seen it.. dont want to pay tax.. and will sell for quick cash at signficant discount to market.. buy and then market and resell..
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6 December 2024 | 17 replies
In Illinois, the minimum age to officially become an unlicensed assistant is 18.
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12 December 2024 | 2 replies
After that you'll want to see what sub-market/zip code might make sense given the relative rent/price ratios.
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13 December 2024 | 7 replies
Protecting yourself from any future issues will require a good understanding of the situation your house is in when you buy it.Tl;dr: crime here is relatively low, declining population numbers don't take students into account, properties are cheap, rents are high BUT be careful where you buy.This concludes my TED Talk, ha!
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13 December 2024 | 5 replies
We use DealCheck to underwrite deals and QuickBooks Online for everything related to accounting and numbers.Classes allow for separate P&Ls for each property.
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5 December 2024 | 4 replies
We lucked into a rehab project and successfully run a short term rental in Bell Buckle TN. It has approximately $200,000 in equity and currently cash flows about $1500/mo ( we split this cash flow and equity 50/50 wit...
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11 December 2024 | 6 replies
There is no given answer here, because the whole property needs to be relatively consistent.Kitchens and baths are the common answer, but if they are passable and you choose to invest in them anyways at the expense of peeling paint (or off putting exterior color) and overgrown landscaping, the appraiser and tenant will be walking up with a bad taste in their mouth, thereby not valuing the interior work you have done.But think about the general flow of someone looking to rent: more bedrooms will typically dictate more rent.