Melanie Baldridge
It’s not what you make, it’s what you keep!
6 November 2024 | 0 replies
& different parts of the asset can be depreciated on different schedules.To find out the useful lifespan of each component, you do a cost segregation study to analyze all of the parts.The raw land can't be depreciated so you start by giving that a value first.But other items can be depreciated on a quicker timeline.A roof, road, sidewalk, fencing, walls, gates, doors, latches, flooring, air conditioners, pavers, curbing, landscaping, etc.The IRS has a depreciation schedule for each type.Some parts are 5 yrs.
Martin Sarsale
Some AI tools I've been exploring; what are your favorites?
5 November 2024 | 0 replies
You can virtually empty and stage rooms, and even do landscaping, all within a photo!
Jamel Romans
Mortgage Lender Introduction
4 November 2024 | 1 reply
Navigating the mortgage landscape can be complex, but I am dedicated to making the process as smooth as possible for you.Looking forward to connecting with agents and investors sharing some of the experiences we face in the industry on a regular basis!
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Wholesale Investment in a Single-Family Residence
3 November 2024 | 0 replies
This included updating the kitchen and bathrooms, improving the landscaping, and finishing the basement to maximize rental potential.
Kent Ford
Creative Solutions to Texas Housing Affordability: Which Approach Works Best?
6 November 2024 | 5 replies
Take care, Pat & JasperTurning investment visions into REALITY in Phoenix, AZ - Ranked #1 for residential real estate growth and opportunity by PwC I completely agree—housing affordability is such a crucial issue, and it’s fascinating to see how Austin’s zoning efforts are reshaping the landscape.
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Wholesale Investment in a Single-Family Residence
3 November 2024 | 0 replies
I added value by renovating the kitchen and bathrooms, updating the landscaping, and finishing the basement.
Brandon Weis
PM Companies Expanding Out of Immediate Market
3 November 2024 | 3 replies
Quote from @Brandon Weis: As a property manager, I know we do a lot more than collect rent and post notices: Move-In and Move-Out InspectionsProperty ShowingsRoutine InspectionsTenant Screening and InterviewsMaintenance and RepairsVendor ManagementHandling EmergenciesNeighborhood RelationsLease Violation ManagementCurb Appeal and Landscaping ChecksI opened in a new market (just 30 miles away) about six years ago.
Collin Corrington
San Antonio 2025: The Alamo City's Tech-Driven Real Estate Renaissance
4 November 2024 | 1 reply
The Alamo City is undergoing a transformation that's set to redefine its landscape and economy.
Laurieann Frazier-Duarte
Landlord responsibilities with rentals
1 November 2024 | 22 replies
Landscaping and snow removal on a multi should always be done by the landlord.
Cynthia Leite
Scope of work (SOW)
31 October 2024 | 4 replies
Client Name: Property Adddress: Current Property Type: Post Rehab Property Type: Level of Finishes: List Structural Changes: Final Bed/Bath Count: Exit Strategy (sell or refinance): PHASE 1: PRE-CONSTRUCTION Original Amount Net Adjustments Adjusted Total Description Drawings $ - $ - $ - Permits $ - $ - $ - Expeditor $ - $ - $ - Alarm/Security $ - $ - $ - Temporary Fencing $ - $ - $ - Portable Toilets $ - $ - $ - Engineering Fees $ - $ - $ - Architectural Fees $ - $ - $ - Utilities $ - $ - $ - TOTAL PRE-CONSTRUCTION $ - $ - $ - PHASE 2: DEMOLITION Original Amount Net Adjustments Adjusted Total Description Interior Demo Exterior Demo Dumpsters TOTAL DEMOLITION $ - $ - $ - PHASE 3: CORE AND SHELL Original Amount Net Adjustments Adjusted Total Description Excavation $ - $ - $ - Foundation $ - $ - $ - Underground Plumbing $ - $ - $ - Drain Tile $ - $ - $ - Sump Pump $ - $ - $ - Steel $ - $ - $ - Floor Joists $ - $ - $ - Subfloor $ - $ - $ - Rough Carpentry $ - $ - $ - Interior Stairs $ - $ - $ - Dormer $ - $ - $ - Roof Masonry Siding Windows Exterior Paint Soffit/Fascia Gutters Landscaping Walkways Exterior Doors $ - $ - $ - Exterior Stairs $ - $ - $ - Porch $ - $ - $ - Deck $ - $ - $ - Driveway $ - $ - $ - Garage TOTAL CORE AND SHELL $ - $ - $ - PHASE 4: HVAC Original Amount Net Adjustments Adjusted Total Description HVAC Rough Furnace Condensing Unit & Lineset $ - $ - $ - HVAC Trim $ - $ - $ - TOTAL HVAC $ - $ - $ - PHASE 5: ELECTRICAL Original Amount Net Adjustments Adjusted Total Description Electrical Rough $ - $ - $ - Electrical Finish & Fixtures Low Voltage TOTAL ELECTRICAL $ - $ - $ - PHASE 6: PLUMBING Original Amount Net Adjustments Adjusted Total Description Water Service Upgrade $ - $ - $ - Sewer $ - $ - $ - Plumbing Rough $ - $ - $ - Water Heater $ - $ - $ - Plumbing Trim & Fixtures $ - $ - $ - TOTAL PLUMBING $ - $ - $ - PHASE 7: DRYWALL AND DOORS Original Amount Net Adjustments Adjusted Total Description Insulation $ - $ - $ - Drywall, Tape, Sand $ - $ - $ - Finish Carpentry (Trim) $ - $ - $ - Interior Doors $ - $ - $ - Interior Paint $ - $ - $ - TOTAL DRYWALL $ - $ - $ - PHASE 8: FLOORS Original Amount Net Adjustments Adjusted Total Description Hardwood Floors $ - $ - $ - Tile Vinyl Carpet $ - $ - $ - TOTAL FLOORS $ - $ - $ - PHASE 9: KITCHEN Original Amount Net Adjustments Adjusted Total Description Cabinets Countertops Backsplash Plumbing Fixtures $ - $ - $ - Light Fixtures Appliances TOTAL KITCHEN $ - $ - $ - PHASE 10: BATHROOMS Original Amount Net Adjustments Adjusted Total Description BATHROOM # 1 Tub $ - $ - $ - Shower Tile Vanity Countertop Plumbing Trim & Fixtures Light Fixtures Glass & Mirrors $ - $ - $ - Bath Accessories $ - $ - $ - TOTAL BATHROOM # 1 $ - $ - $ - BATHROOM # 2 Original Amount Net Adjustments Adjusted Total Description Tub $ - $ - $ - Shower Tile Vanity Countertop Plumbing Trim & Fixtures Light Fixtures $ - $ - $ - Glass & Mirrors $ - $ - $ - Bath Accessories $ - $ - $ - TOTAL BATHROOM # 2 $ - $ - $ - BATHROOM # 3 - Basement Original Amount Net Adjustments Adjusted Total Description Tub $ - $ - $ - Shower $ - $ - $ - Tile $ - $ - $ - Vanity $ - $ - $ - Countertop $ - $ - $ - Plumbing Trim & Fixtures $ - $ - $ - Light Fixtures $ - $ - $ - Glass & Mirrors $ - $ - $ - Bath Accessories $ - $ - $ - TOTAL BATHROOM # 3 $ - $ - $ - **Please add itemization of work for additional kitchens or bathrooms** PHASE 11: OPTIONAL Original Amount Net Adjustments Adjusted Total Description Other $ - $ - $ - Fireplace $ - $ - $ - Final Cleaning Staging Stucco Closets General Contractor Fee $ - $ - $ - Finish Carpentry $ - $ - $ - Underpinning $ - $ - $ - Footers $ - $ - $ - Contingency $ - $ - $ - TOTAL OPTIONAL $ - $ - $ - Total Estimated Cost of Repairs $ - $ - $ -