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22 October 2024 | 20 replies
I follow a checklist in order to get rental properties up a certain standard: - The interior and exterior paint should be free of excessive wear, smudges/dirt and preferably in neutral colors.
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28 October 2024 | 46 replies
Losing approx $5-10K per month during summer seems excessive.
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24 October 2024 | 27 replies
They are very transparent about where the money goes and great stewards, of it so we feel comfortable giving knowing they're not using it for frivolous excesses.
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20 October 2024 | 13 replies
A conventional loan may come in slightly cheaper, that's true, but the red tape on conventional mortgages is excessive to say the least.No Reporting on Personal Credit: DSCR loans are kept off your personal credit profile, which is perfect for keeping your personal and business credit separate.
21 October 2024 | 1 reply
Unfortunately, the perceived excessive costs involved in purchasing real estate can intimidate aspiring residential real estate investors.
30 October 2024 | 94 replies
This is NOT the time to take excessive risk.
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23 October 2024 | 28 replies
Inform your LTR tenants about these rules and let them know they can report any excessive disturbances directly to you.Communication: Keep an open line of communication with your long-term tenants, so they feel comfortable voicing any concerns early on.Outdoor Amenities: If there's a shared yard or patio, think about dividing these spaces further to give both STR guests and LTR tenants their own zones.Protecting Your STR from Bedbugs:Mattress Encasements: Invest in high-quality, bedbug-proof mattress and pillow encasements.
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16 October 2024 | 2 replies
Highs typically range from 87°F at the start of the month to 74°F by the end, with lows cooling between 65°F and 53°F.
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18 October 2024 | 7 replies
Installation Costs and IncentivesAverage Cost: Residential solar systems typically cost between $15,000 to $25,000 before incentives for a 6kW system (suitable for an average home).Incentives: Illinois offers substantial incentives, including:Federal Tax Credit: A 30% federal tax credit applies to system costs.Illinois Shines Program: Provides Solar Renewable Energy Credits (SRECs) that homeowners can sell for additional income.Net Metering: You’ll receive credits for any excess energy your system produces, reducing your utility bill.2.
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17 October 2024 | 10 replies
You should only consider switching when your current software has a significant flaw or lacks features that force you to spend excessive time on workarounds.