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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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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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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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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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9 August 2024 | 6 replies
@David Alejandro Hernàndez “harden” your rentals, do not add high maintenance items.
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15 August 2024 | 86 replies
When you do all items, the numbers add up to a large monthly expense So what did my spreadsheets show me?
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14 August 2024 | 134 replies
@Frank Sichelle, I hope to clarify one item you mention:If you, as an LP, are looking into a company, you should be asking for Original Underwriting vs Actuals.
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14 August 2024 | 64 replies
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