Daniela R.
Pros and cons of buying single family home with "gas" heating?
6 November 2021 | 50 replies
CO kills brain cells and death with prolonged exposure.
Junior Jaquet Hernandez
Crash on the real estate market?!?!
10 November 2021 | 7 replies
We can only give general predictions and of course most - if not all of us - agree that we have no clue when it will happen.Things such as low interest rates and money printing are only prolonging and worsening the inevitable and they also only muddy the waters on a prediction as to when a crash will occur.
Sean Todd
2022 Rental Market Questions for Fellow Landlords
9 December 2021 | 4 replies
That might sound harsh, but if they're never going to be able to pay market rent, you're just prolonging your losses with them.
Julio Gonzalez
Deductible Repairs vs. Capital Expenditures
24 May 2022 | 6 replies
To determine if the expense should be classified as a capital improvement or a deductible repair, the context of the expense is very important.An example is, if an item of expenditure is part of a general plan of modernization, renovation or rehabilitation to equipment or other business property, it typically must be capitalized even though on its own it would be currently deductible.According to IRS Code, expenses that you must capitalize are those that:Materially increase valueSubstantially prolong useful life (including replacement of deteriorating assets)Adapt the property to a new or different useHowever, you are allowed to deduct expenses and fees for routine maintenance and repairs that help keep the property in efficient operating condition.
Caitlin Daniel
What direction to go
10 May 2021 | 4 replies
On the other hand, putting too much into only building connections will probably prolong my road to financial freedom.
Christy Philippoff
What do I do if my renters won’t move out?
5 October 2021 | 35 replies
@Christy Philippoff great advice already offered but I would add whatever you do, don’t prolong it and put it off.
Craig Starger
Preparing to inherit properties in really bad shape. Advice?
22 May 2021 | 8 replies
Focus on making their house safe and comfortable and you will also be investing in your inheritance...and prolong their stay at home vs assisted living which is very expensive.
Hannah Paitchel
New Investor Trying to Find a Market
18 October 2021 | 53 replies
Ohio real estate was depressed for a prolonged period of time.
Alberto Nikodimov
Important Questions for Property Managers and Seasoned Investors!
17 July 2021 | 3 replies
.· Regular inspections and maintenance which save investors money and prolong the life of AC, appliances, water heaters etc.· Using great vendors who only go out once, complete the job and guarantee that if anything goes wrong, they will be back to fix it. · Better rates from vendors because they have large volume of work for them and get special treatment.· Quick turns when property becomes vacant, quality work at reasonable rates.· Saving money for their investors.· Providing great experience for tenants and realizing that a happy tenant is the key for a successful investment.· Help plan repairs and keep you updated on upcoming repairs in the near future.· Willing to admit they made a mistake and correct it.· MOST IMPORTANTLY - Manage the investment not just the property – maintain the asset in optimal condition, constantly increase cashflow, limit liability and avoid issues with the investment.1st Type of Owners/Investors:· Appreciate the work done by their property management team.· Pleasant to work with.· Treat the relationship as a partnership.· Extremely diligent in their initial search for property management companies.
Marina Pina
HELP! How important is the appraiser? Appraisal topic
26 August 2021 | 3 replies
Let the lender know that this is totally unacceptable and that you're not willing to pay for an appraisal from a substandard appraiser NOR are you willing to prolong the process which could put your escrow at risk should you need to cancel the contract.