Jackie Paugam
Possible Tax Exemptions w Renovation a House
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.
Ryan G.
Investment Property opportunity assistance
6 January 2025 | 5 replies
Here are some of its vitals:- Zestimate: $345K (I know this is typically 10% or so high)- Last Sold: 8/2021 for $281K- Roughly 1400 sqft- Some cosmetic work needed- $25K left on solar loan- The home was build in 2004 and it looks like it has the original AC unit, so I am assuming that needs to be replaced too. - 2 story house with very small rooms and and 2 steps down, imminently as you enter the front door.- Gated community and in a reasonable HOA. - The home is 2 payments behind and already got a letter from the lender about future foreclose.
Jacob Dalton
Should Cook County be a "No Go" Zone for Single Family Rental Investment?
22 January 2025 | 12 replies
I am asking anyone knowledgeable to provide any measures or strategies that could materially make a difference in heading off the risk of serious financial harm of the eviction process with non-paying tenants.
Chris Summons
Contracts for Sub Contractors to Sign
14 January 2025 | 4 replies
Scope of WorkThe Subcontractor agrees to perform the following work (“Scope of Work”):Detailed description of tasks and responsibilities.Exclusions: [List any exclusions here].Materials to be provided by: [Contractor/Subcontractor].Reference drawings or plans: [Attach if applicable].2.
Jake Bute
How to track time in business to accommodate 500+ hours?
9 January 2025 | 7 replies
I'm going off the understanding that you still need to spend 500+ hours in the business to achieve material participation (please correct me if I'm wrong).
John ONeill
What Makes a Contractor Truly Great? Let’s Chat!
18 January 2025 | 2 replies
I would also add, a contractor that you can buy materials for and they know how to put them in with little to know direction (reduces the management time of the project).
Marshawn Moore
Has anyone join New Wealth Advisor (NWA) Riverside CA
26 January 2025 | 32 replies
There is a $200 cancellation fee to cover the extensive materials and supplies we give you when you join.
Sophanara Khoeun
New to Investing: Repairman? & Hire or Not to Hire a Property Management Company
31 January 2025 | 10 replies
Scrren PMC's by asking if you will get the material invoices AND the actual invoices from any contractors they hire. - Be prepared to pay for a PMC's time!
Ram Gonzales
Creating a debt fund for owner finance strategy
15 January 2025 | 29 replies
I could have fully rehabbed that home and sold for $175K but instead I sold as a fixer upper (only needed cosmetics).
Kyle Carter
Forclosed housing informational - personal experiences
15 January 2025 | 5 replies
Too many flakes and dream merchants (using my material to teach while stealing your wallet and offering to help you look for it!).