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5 November 2024 | 5 replies
.: I'm not aware of any requirement for this.I do provide an application because it has a lot of information necessary for tracking the individual: social security number, driver license number, previous addresses, etc.When you take over an existing renter, I recommend you figure out how to get the entire file from the former manager/landlord.
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7 November 2024 | 2 replies
A local broker/investor has recently bought a tax lien for the house next door to us.
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9 November 2024 | 5 replies
Am I better off just dropping it at the front door and have them refill it.Appreciate any guidance.
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11 November 2024 | 12 replies
I think it was the BRexit vote that triggered the rush for the door.
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7 November 2024 | 11 replies
I’m also an investor, 3 doors right now, but looking to hopefully get more doors through multi-family units.Looking to connect with other investors if I can be of assistance and/or agents to share experiences!
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7 November 2024 | 2 replies
I would be interested to know how you make out with this , I’ve been analyzing properties in that area for a while but the best deals were always gone before I got my foot in the door.
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6 November 2024 | 29 replies
If I'm not mistaken it is $25/month base + $1/month/unit...so not $26/door/mo.
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6 November 2024 | 0 replies
& different parts of the asset can be depreciated on different schedules.To find out the useful lifespan of each component, you do a cost segregation study to analyze all of the parts.The raw land can't be depreciated so you start by giving that a value first.But other items can be depreciated on a quicker timeline.A roof, road, sidewalk, fencing, walls, gates, doors, latches, flooring, air conditioners, pavers, curbing, landscaping, etc.The IRS has a depreciation schedule for each type.Some parts are 5 yrs.
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5 November 2024 | 22 replies
Bedrooms and shared/fun amenities are much bigger drivers.
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8 November 2024 | 21 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases.