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13 November 2024 | 1 reply
The roof is only 10 years old3. less expensive for now, but may cost more for repair with another hurricane in the next few yearsReasons of replacement:1.
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15 November 2024 | 9 replies
That same renovation now costs $100,000 with added permitting/design expenses and lengthier permitting timelines.
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13 November 2024 | 18 replies
DSCR loans are not always more expensive than conventional financing!
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13 November 2024 | 7 replies
Minut seems to be less expensive, but according to Wynd's website, they say Minut's smoke monitoring is in Beta and doesn't track marijuana smoke.
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12 November 2024 | 6 replies
If it’s cost effective I’d tile but then it will be more labor intensive/expensive if/when you have to replace it.
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17 November 2024 | 5 replies
Lastly assignment of rents Now keep in mind my were residential but getting tenants to pay a note holder is pretty tough and if they wont you need a court order which is usually not worth the time and expense..
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11 November 2024 | 5 replies
Hello @Michael Dallas,To verify the seller’s information, ensure you request these essential documents:Rent Roll (to confirm rental income and occupancy)Lease Agreements (to review tenant terms)Financial Statements (past 1-2 years, including income and expenses)Property Tax StatementsUtility Bills (if applicable)Maintenance Records and recent CAPEX reportsInsurance Policy DetailsInspection Reports (any recent or previous reports)These will help you confirm the property’s income, expenses, and condition.
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12 November 2024 | 2 replies
Hello @Roger Brittingham,Moving singlewides could be a great low-cost investment, but be mindful of these considerations:Moving & Setup Costs: Relocating singlewides can be expensive (transport, permits, setup, utilities).
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12 November 2024 | 7 replies
If you place your rental (STR, LTR, or MTR) into service by the end of the year you can begin to depreciate the property and write off certain expenses.
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13 November 2024 | 4 replies
Also, Buckhead is generally pretty expensive and when adding Condo fees, tough to cashflow significantly.