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26 September 2024 | 14 replies
My 3BR rents range from $1,425 to $2,000 which shows why it is almost impossible to give you meaningful rent data without you being more specific.At this point, I wouldn't discount the online systems such as Zillow so much.
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25 September 2024 | 4 replies
When one person moves out, their private bathroom and bedroom is cleaned, but I don't have the shared space cleaned.
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25 September 2024 | 1 reply
Renovating everything, floors, bathrooms bringing it up to the new living standard.
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24 September 2024 | 7 replies
I have been offering weekly discount but thought of doing a special with a minimum stay for those dates.
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23 September 2024 | 2 replies
Hi guys - we are about to close on a property soon in Philly and are planning to do the following work - -Add HVAC, Add a full bathroom and add a half bathroom, Fix kitchen (keep same layout)My contractor is saying that (Approach - 1 ) - we don't need to pull permits.
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25 September 2024 | 5 replies
As for property taxes, I won't say it hasn't ever happened, but I would think on most properties it would be very unlikely to negotiate those to a discount by the original seller.
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24 September 2024 | 1 reply
gut renovations redid all new windows, insulation, hvac, bathrooms, kitchen, hardwood floors What was the outcome?
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24 September 2024 | 0 replies
Assets identified in this study include:Building systems: water heater, electrical distribution, HVAC, plumbinPermanent Fixtures: windows, doors, bathroom fixturesStructural Components: Roof construction, drywall, wood framingInterior Construction: Wood flooring, stairs, ceramic tileThis engineering-based cost segregation study included the following methodology:Physical Inspection through a site visitDocumentation review including architectural plans, accounting records and construction documentsA cost analysis which utilizes engineering principles in order to allocate costs to their applicable asset classificationsCalculation of the depreciation schedule using MACRSAs a reminder, bonus depreciation started to phase out in 2023.
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24 September 2024 | 1 reply
Lipstick treatment plus full basement and master bathroom remodel.
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25 September 2024 | 37 replies
At 26, having 4 properties and looking for more is quite the story.KeyBank man should be ashamed of himself.I'd disagree with some of the assumptions in this thread.Rate locks don't need to be for more than 30 days. 45 days can cost you a quarter point depending on the lender and it's really not necessary.Always remember that origination points and discount points are two distinctly different things.For us, some origination fees can be just 2 points and some are just 3 points.