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4 September 2024 | 3 replies
My previous post was about GPTs, now would love to chat about Stable Diffusion Models and Image generation for interior/exterior inspiration.
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5 September 2024 | 16 replies
When talking with a possible Property management company the LAST item to discuss is $, I can't stress this enough.
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4 September 2024 | 1 reply
This is a business model that I could very easily and quickly set up and get running.Despite the upsides of conventional rental property investing, there are several massive advantages of converting rental properties to notes.I'd like to know if this is something y'all think I could pursue with my company?
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5 September 2024 | 7 replies
Just make sure you have a consistent policy for expensing items under this threshold, as the IRS looks for that consistency.In your case, if the Polyurea flooring is just making the garage look nicer and not really improving the structure or extending its life, you could argue it’s a repair.
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5 September 2024 | 4 replies
These loans allow buyers to purchase a property “AS IS, WHERE IS”.Renovation loans are available in 30, 20- and 15-year fixed rate terms and can be used to purchase owner occupied, second home and investment properties.By time the renovations are completed, the home needs to be in move-in, live-in condition and conceptually ready to be resold without repair issues.Other Important Items to Know about “Conventional” Renovation LoansMaximum – Minimum Purchase/Upgrade Amounts:Maximum: Limited to 75% of the “after improved” valueOccupancy: Primary, Second Homes, Investment PropertiesRenovation Term:The renovation term for this program is a maximum of 180 days.The Borrower(s) is responsible for the work being completed within the escrow period.
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4 September 2024 | 13 replies
It might make sense to use a "semi- pm" model instead of paying for the various online platforms one would need to do these tasks.
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5 September 2024 | 13 replies
I love the house hacking model and have done a similar investment where we partnered with some people that would be owner occupying it.
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6 September 2024 | 13 replies
Thanks, Jon I agree with Chris, look at those bills for daily use and you can show them those to give them a granular look at the items for proof of your side!
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4 September 2024 | 7 replies
10) Please provide an example of the Quarterly Report, Financial Model (underwriting), and the current deck of the Firm.
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4 September 2024 | 7 replies
As Nathan mentioned, if something needs to be replaced, you can charge for the remaining lifespan of that item.