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22 January 2025 | 8 replies
The ability to do cost segregation and bonus depreciation3.
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5 February 2025 | 1 reply
How much did the rehab cost and how long did it take to complete?
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24 January 2025 | 13 replies
Here are additional comments:1) Buying out of state removes any local knowledge you have from assisting in your success, including knowing areas, people and costs. - We always recommend buying your first rental locally if possible and DIY managing to learn as much as possible before investing OOS.2) Lots of crooks and incompetents in the PMC world:( They both cost you money.- As already stated, you'll have a small portfolio.
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18 February 2025 | 9 replies
So, the extra unit may cost you more then it brings if you cannot access equity or if the market discounts the property when you go to sell due to financing available.
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29 January 2025 | 17 replies
I don't Atlanta is too landlord friendly and the demographics shift it harder to do business everyday.
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5 February 2025 | 0 replies
Completely eliminated noise complaints from the lower level and reduced utility costs.
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10 February 2025 | 10 replies
Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.
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7 February 2025 | 3 replies
I have recently been made aware that I get straight to business without really concerning myself for the sellers side of the story and when you have the sellers problems, goals, etc.
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18 February 2025 | 7 replies
For more information, contact the Philadelphia Commission on Human Relations or the Fair Housing Commission.Bed bug control responsibilitiesLandlords must develop and follow a bed bug control plan to prevent and control bed bug infestations.You must give tenants:An informational notice from the City of Philadelphia about bed bugs and landlord/tenant responsibilities.A written description of bed bug infestation and remediation in the rental unit within the preceding 120 days and of any ongoing remediation.Within ten business days of receiving a written complaint about bed bugs in a rental unit, you must hire professional pest control services to investigate the complaint and begin remediation if an infestation is found.Remediation services must continue until there is no longer evidence of bed bugs in the unit.
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22 January 2025 | 16 replies
To adapt, focus on refining your ARV and repair cost estimates, explore off-market deals, and consider creative financing strategies like seller financing or partnerships.