Patricia Redsicker
Baltimore City Fix and Flips
14 November 2024 | 13 replies
and honestly...driving around this city exposes you to the best and worst of urban landscapes in America.
Michael Dallas
Documents to Ask for in Closing Process
11 November 2024 | 5 replies
Finally, confirm if there are any existing service contracts (for landscaping, pest control, etc.) that may need to be transferred or canceled.
Kylie A.
WHATS YOUR WHOLESALING PLAN WITH NEW LAWs
12 November 2024 | 26 replies
The majority of states have NOT enacted any rules, regulations or legislation that has altered the “wholesaling” landscape.
Joe S.
What to do when a contractor pulls a huge number out of the hat after the fact?
11 November 2024 | 22 replies
A situation happened to me recently (my fault completely), I hired a landscaper, did not have a full contract into place and just had text threads between us..
Ram Gonzales
Please help analyze 4plex deal
11 November 2024 | 13 replies
Here are the numbers I know so far:Rents4 units all currently occupied on one year leases- #1: 1/1 $995 monthly- #2: 1/1 $995 monthly- #3: 1/1 $995 monthly- #4: 2/1 $1,100 monthly- Gross rents: $4,085 monthlyExpenses- $12,070 taxes annually- $350 monthly insurance (my estimate, they have liability only right now)- $175 monthly landscaping- $120 water (electrical on separate meters, tenant pays)- Total expenses: $1,651 monthlyNOI around $2,434 before vacancy, maintenance, and management (although i would likely self-manage these)Property needs about $50K in other repairs and udpates from what I can see.
Chris Kittle
Questions to ask on an 8-plex
17 November 2024 | 33 replies
Also advertising costs.On loans, I would hunt for an 5 year fixed interest only with low pre-pay penalties that you can refi when rates finally come down (hopefully).Landscaping / snow removal is legit and is more viariable than you would expect.
David Cherkowsky
Do I need a partnership LLC to depreciate and write off expenses on a rental property
17 November 2024 | 30 replies
Actively marketing the property and handling tenant relationsCost Segregation: allows you to accelerate depreciation by breaking down the property into different components, such as personal property (appliances, carpeting, etc.) and land improvements (landscaping, parking lots, etc.), which can be depreciated over a shorter period typically 5, 7, or 15 years rather than 27.5.
David De La Torre
Landscaping/Mowing Service Recommendations
30 October 2024 | 2 replies
Hello Cleveland Investors and Landlords,What do you think is an affordable price for getting your grass cut monthly by mowing/landscaping services?
Nick Mazziotti
FHA Loan Question
6 November 2024 | 4 replies
I live on long island and run a landscape business here right now.
Danny Milligan
Have You Experienced Costly Repairs from Rushed Projects?
6 November 2024 | 2 replies
The contractor took 3.5 months, and her mortgage was $1,500 not including utilities and landscape (oh and market/escrow time).