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28 February 2024 | 4 replies
Cleaners - we paid them a contract price per clean, which included labor for laundry and materials for cleaning (clorox/windex/floor cleaner etc.).
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28 February 2024 | 7 replies
While I am currently looking for multi-family duplex/triplex with an eye to use BRRRRR in the north shore area (north of Boston suburbs like Chelsea, Revere, Saugus, Swampscott, etc) class B/C properties, I am wondering whether this strategy in a "tenant-super friendly" state like Massachusetts's with current high interest rates (and therefore high construction/materials/contractor costs) is worthwhile at this time.
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1 March 2024 | 31 replies
(biggerpockets.com)Also on a FB group for those intellectually challenged the sponsor promotes a company that will charge you $600+ to setup a LLC.
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28 February 2024 | 40 replies
40 gallon, natural gas, assuming the space it sits in doesn't have to be modified and the existing flu pipe is good: Material $450, Labor $80, includes haul off of old heater.Same size, electric, assuming no mods to the wiring or space: Materials $350, Labor $80.Add $40 parts and labor if a shut off needs to be replaced.
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28 February 2024 | 10 replies
I created a couple of resource materials like a neighborhood graded map and a contractor rolodex for my out-of-state investors.
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28 February 2024 | 127 replies
Is there another cheaper flat material i can use instead of fiberglass inserts?
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28 February 2024 | 48 replies
It’s a lot of labor, but low material cost.
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27 February 2024 | 3 replies
Reading material below: Happy to answer questionsSome people are not bringing it current.
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28 February 2024 | 63 replies
@Christopher FrazeTo clarify, you need to meet two factors:1) More than 50% of the personal services you perform in all businesses during the year MUST be performed in a real estate business you materially participate.2) You must work at least 750 hours in a real estate trade or business.If either you or the spouse qualifies as a Real Estate Professional then you will be permitted to deduct all passive activity losses from your rentals against ordinary income from whatever sources derived.
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27 February 2024 | 15 replies
I had some problems with the management company not advertising promotions at all and likely over-screening potential tenants.