Jeff S.
Suggestions to impact appraised value & tax benefit for 2024?
27 October 2024 | 0 replies
We're looking to renovate something before the end of the year to accomplish 2 things: 1) Improve home value so we can get appraisal, refinance and leverage that to buy a new property. 2) Take advantage of the tax credits that are out there in 2024 before the new year or is it better to wait until 2025 and just hold onto the cash I have at hand.Here is a list of renovations that will need to be done eventually:*Brand new basement kitchen (cabinets + add seating area - we already have brand new dishwasher, fridge, gas oven)*New standing shower in the basement bathroom*New Siding*AC/Furnace for unit 1 are close to end of life but still functioning*New Fence/landscaping*New Windows for the basement*New Garage (unstable, concrete shifting, very old)*Solar Panels on the roof (There is a $0 down payment lease option w/ sunrun, but I'm hesitant to move forward)*Renovate master bedroom closet for tenants (it is old & has built in entertainment center that is very dated)*Repair Catch basin*Adding better drainage system for back door.Greatly appreciate any help, insight or advice!
Bill Schrimpf
BP Featured Agent Program
5 November 2024 | 52 replies
Like show us the current status on our bundle and improved search functions.
Sophie Sawyer
My experience with Sunrise Capital (Mobile Home Fund)
29 October 2024 | 67 replies
Finally, who have you interacted with from management and what, in your mind, would make communication, functional?
Brandon Ja
Are add-ons a capital expenditure?
24 October 2024 | 2 replies
@Brandon Ja - The standard answer here is to check with your CPA, but from my standpoint expenses that add longevity and functionality to an existing property (including adding square footage) would make that a capital expenditure that can be depreciated over time.
Isaac S.
Delaware Statutory Trust DST 1031 Difficulty Giving up control
12 November 2024 | 171 replies
The second issue I have with STNL is that if it functions like a bond, then isn’t this a terrible time to buy?
Bryn Chatterton
Preparing Property for Rental
22 October 2024 | 20 replies
The property should be clean, functional, and safe.A well-maintained property attracts higher-quality renters that will pay more, stay longer, and take better care of the home.
Yoana Yordanova
I can't find renters for my townhouse in Atlanta, GA
26 October 2024 | 50 replies
Rentals are about function more than form.
Frans Calderon
How to simplify your rental property management
23 October 2024 | 2 replies
I've found that using thia tool has significantly improved my communication with tenants and reduced the number of late rent payments.Finally, I appreciate the reporting functionality.
Audrey Scott
First-Time Home-buying Guide
25 October 2024 | 2 replies
WikipediaSustained and significant population growth: Prices and rents are a function of supply and demand.
Daniel Kulik
Creating A NEW Property Management Software
24 October 2024 | 7 replies
Something that easily integrates to the Accounting module so that $ amounts from repairs are easily and automatically reflected in the Accounting functionality / reports.