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11 January 2023 | 4 replies
It never starts with enlarging capital access, that doesn't bring "deals" it just brings purchases.
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19 September 2022 | 6 replies
We have a new roof, new AC, new top of the line Samsung stainless steel appliances, enlarged open kitchen, and renovated bathrooms.Our dock can bring $1600/month yacht rental (we have dual 50A/30A/20A metered marine electric and dual metered water), and I see house rentals in our area ranging from $3500-$5600/mo.We were originally planning to sell because we could not refinance since we plan to move--but after joining this group yesterday it seems that we might be able to instead get a loan as a rental property if the numbers work, and then use that cash to move and purchase our 2nd property (perhaps a duplex, triplex, quadplex).This is probably the most important deal decision of our lifetime because this is the one that launches us into this real-estate business--I am beyond grateful to this community for knowledgeable advice on our best course of action.
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27 August 2021 | 19 replies
Below is a list of the necessary skills and the primary source for each skill (click on the image to enlarge).There is no cost to work with an investment team and every advantage.
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25 March 2020 | 71 replies
Enlarging a window opening or just replacing a window, installing vapor barrier, moving a plumbing fixture as well as a simple tub/shower replacement can cause real damage to your structure if done wrong.
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5 March 2018 | 12 replies
According to my research a capital asset is:The IRS indicates what constitutes a real property capital improvement as follows:Fixing a defect or design flawCreating an addition, physical enlargement or expansionCreating an increase in capacity, productivity or efficiencyRebuilding property after the end of its economic useful lifeReplacing a major component or structural part of the propertyAdapting property to a new or different useA repair is as follows:Improvements that "keep" property in efficient operating conditionRestores the property to its previous conditionProtects the underlying property through routine maintenanceIncidental Repair to propertyReference is http://www.dbbllc.com/newsletters/focus/mar2012/irs-clarifies-capital-improvement-vs-repair-expenseNext time I will rent a small excavator, dig my own hole, and put on a Fernco.
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27 June 2019 | 4 replies
And you'll have new cracks in unexpected places, old cracks that will not close, but instead enlarge.
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20 August 2016 | 26 replies
You should be allowed to replace "in kind" vs enlarging the openings but Florida has some crazy codes as well based on my past projects here.
23 May 2017 | 5 replies
City code usually requires you have adequate parking for the property, you may be required to enlarge parking area to improve off street parking, one space per unit is usually required.
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10 July 2008 | 4 replies
Know what you are getting yourself into, what is included, warranty information, ect.Many new buyers are also unaware that there can be school zoning changes with new constructed subdivisions, several in fact as the surrounding community enlarges.
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4 June 2023 | 20 replies
ALSO: Click on the images to enlarge them on a new tab):So far, the data does seem favorable to the I-75N corridor.2.