Andrew Grimmett
Capital Gains from the person selling to me
23 December 2024 | 5 replies
@Andrew Grimmett If a seller is hesitant due to capital gains taxes, consider creative solutions: suggest an installment sale (seller financing) to spread tax liability over time, a 1031 exchange to defer taxes by reinvesting in another property, or a structured sale for flexible deferred payments.
Felicia Richardson
2/1 With No Washer & Dryer Connection
25 December 2024 | 11 replies
I was going to have that installed.
Elizabeth Orth-He
How do you handle STR laundry for larger properties?
26 December 2024 | 9 replies
Install additional stackable W/D units in the garage (requires some electrical work).2.
Mindy Jensen
Contractors: If I Buy Materials, Do You Still Need a Downpayment?
31 December 2024 | 66 replies
So unless im prepared to lawyer up 3k just to try and get some of it back the answer "just walk away from your deposits, im trustworthy" doesnt work for me.I have prepaid for work from big names, Lowes installs etc.
Garry Lawrence
19-Year-Old Closing on First Rental Property – Seeking Advice!
11 January 2025 | 12 replies
My updated expected monthly rental income will be $2,800, resulting in a cash flow of $795 per month (excluding my share of the split utilities).I plan to set aside at least 80% of my cash flow for property-related expenses.Additionally, I’ll be installing keypads and security cameras for enhanced safety and operational efficiency.
Sergio P Ramos
New development pitch.
12 January 2025 | 20 replies
I worked with developers and contractors for many years and the best way I saw this type of situation proceed was for the individual to partner with a mass homebuilder - depends on how big the property is - and also partner with a GC to install the infrastructure to the specs of the homebuilder.
Joseph Kirk
Advice on entering the fix & flip industry
5 January 2025 | 17 replies
Upgrading countertops to granite or quartz, installing high-end appliances, modern cabinetry, and stylish fixtures can significantly raise ARV.
Marc Shin
STR soap and toilet paper
19 December 2024 | 28 replies
Hell, you could go all out and just install a bidet and forego the toilet paper altogether.
Michael Bertsch
Fireplace
21 December 2024 | 14 replies
Anywhere from $500 - $2500+ depending on the insert you install and whether you run the vent and exhaust up the old flu or cap the flu and vent/exhaust through the side of the house/chimney.If you hire out the entire job, expect to be in the $1K - $1200 range.
Ray Tetu
Best WATER METERING purchase options?
19 December 2024 | 1 reply
What is the best overall water metering company you have found when it comes to ease of installation, reliability, and the cost of the equipment and monitoring?