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15 January 2025 | 10 replies
Target neighborhoods like Brewerytown, Kensington, and Point Breeze, where demand and ARV potential are currently strong.Your skills in renovations will give you a significant edge in controlling costs and boosting returns.
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15 January 2025 | 6 replies
A good baseline is to calculate material costs (e.g., $300 for paint and supplies) and add a fair hourly rate for labor.
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15 January 2025 | 5 replies
If the RV is not permanently affixed and retains mobility, it is considered personal property and depreciated over 5 years under the Modified Accelerated Cost Recovery System (MACRS).
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16 January 2025 | 10 replies
Quote from @JD Martin: If you have found people willing to lend you - someone with I assume no experience doing this, since you're here asking the question - 100% of the costs of such an endeavor for half the profits, you have found a gold mine and should look no further.
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10 January 2025 | 14 replies
Based on my experience of running properties, even if the build were to cost you as much as $600k but you could generate $125k/year, you'd be very happy with that investment.
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13 January 2025 | 2 replies
all materials, all labor costs to others, Not you, utilities, interest payments, permits, licenses, auto/truck expenses, tools needed are all deductable.
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15 January 2025 | 6 replies
Using LVP was a smart choice—it holds up well when wet and is cost-effective to replace.
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14 January 2025 | 1 reply
I have a large lump sum saved in an investment account for down-payment and any additional costs.
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15 January 2025 | 3 replies
I have a two questions with regards to a 1031 exchangeThe first one is if I were to sell a property for 500,000 its paid off can I buy 3 new properties that cost 200 thousand each or does it need to be one property greater than 500,000?
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13 January 2025 | 16 replies
It's just the cost of doing business.