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17 October 2024 | 6 replies
Have you had to fill out the new disclosures on your jobs?
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16 October 2024 | 10 replies
After she received the stop worker order she stopped responding and pulled all of the contractors who were working on the job.
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15 October 2024 | 2 replies
One contractor, who was recommended to me, left the job about 60% complete and has gone MIA.
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17 October 2024 | 16 replies
Honestly anyone that falls for it did not do a good job at researching and just "pushed it in".
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17 October 2024 | 4 replies
I am a local property manager in Richmond, VA and surrounding areas and like to believe we do a great job!
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15 October 2024 | 5 replies
Hi, I will be starting my first job next September in Atlanta Georgia and am looking for some advice.
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16 October 2024 | 1 reply
What a lot of people think:Bonus depreciation is only for new properties or acquisitions.The truth:You can retroactively apply bonus depreciation to property placed in service after September 27, 2017, when the Tax Cuts and Jobs Act passed changing various rules.The IRS allows you to claim missed depreciation deductions by adjusting your current year's tax return, without needing to amend the previous year's returns.This is typically done through a change in accounting method using IRS Form 3115.
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18 October 2024 | 7 replies
Also, focus on 2 years of job/income stability.Class D Properties:Vacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.
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17 October 2024 | 10 replies
I've put up with them because they do a decent job keeping the place rented and I have a near perfect reviews on AirBnB.
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16 October 2024 | 22 replies
Right now we are starting to see inventory increase and the job market starting to take a hit.To me it’s an affordability issue.