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22 December 2024 | 7 replies
We’re currently working on a complete renovation in Silver Spring, so feel free to reach out if you need any assistance or guidance—I’d be happy to help!
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19 December 2024 | 4 replies
I have had a lot of success purchasing 5 bedrooms houses next to larger universities and have been able to easily find tenants.
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4 January 2025 | 67 replies
The two larger trees on the left of the photo are Cedar trees.
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21 December 2024 | 10 replies
I have been in construction/rehab/renovation most all of my life so I have that covered.
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18 December 2024 | 11 replies
Some kitchens will be 5k if its a small one and some will be 15k if you are taking out a wall and its larger.
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29 December 2024 | 24 replies
In this case though, it makes it very tough to keep the current property cash flowing if I pull the money out through the HELOC though (while it's not directly added to the mortgage, it all still washes out into much larger monthly payments) though, so I am very leary!
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20 December 2024 | 20 replies
Net effect, typically, means distributions are not taxed in current year, but do lower your basis resulting in larger tax bill upon sale.Depreciation reflected in the net gain/loss from rental box on K-1.
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23 December 2024 | 10 replies
I’m open to talking about the renovation process for fix and flips or BRRR properties.
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17 December 2024 | 29 replies
Across ten doors I've had three turnovers in five years and one of the ladies that moved out (she wanted a larger house) still calls me occasionally to see if I have something available again.
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21 December 2024 | 10 replies
Your LTC leverage is also very similar to a bank construction loan but between origination fees and interest charges you will incur ~$20,000 more in finance charges during the life of this renovation project.