
19 October 2024 | 16 replies
In short it doesn't matter if you increase how much income a residential home is leased out for that will never improve your property value it's always based on how much homes in that area sell for. commercial real estate on the other hand has a few other ways properties are valued including the income approach.

18 October 2024 | 8 replies
I like including the supplemental sheets to tax returns I create.

21 October 2024 | 10 replies
Building a strong team, including a knowledgeable accountant, can make all the difference as you move forward.Best of luck on your journey—you're on the right track, and it’s clear you’re willing to put in the work to achieve your goals.

18 October 2024 | 3 replies
In addition, we ask that their coverage includes payment for alternate lodging in the event of fire, flood, or wind damage causing their unit to be uninhabitable.

16 October 2024 | 21 replies
I DM'd you a list of Cleveland referrals that include Property Management.

18 October 2024 | 13 replies
This includes promises of kickbacks or helping a friend sell his house for a certain % or compensation.I would have to dig out the statute, but I believe it's a 3rd degree felony now in Florida.However, there are a plenty of options for you:1.

17 October 2024 | 7 replies
A couple of thoughts specific to condo investing:1) Be sure to include the condo fees into your cashflow analysis, and budget for potential assessments as projected capital expenses2) Make sure the condo association is solvent - a good litmus test is whether or not the units are approved for FHA financing3) Make sure the condo association rules/regs allow for rentalsGood luck!
17 October 2024 | 2 replies
A few of those cautions include the investigation of existing encumbrances on the ground (zoning requirements, existing or proposed easements and assessments, encroachments, etc.), existing site conditions (high ground water, site topography, existing soil types and soil environmental concerns, etc.), the location, depth, and capacity of utilities to service the site - including public utilities (sanitary, storm and water services), franchised utilities (power, gas, cable), capacity of the local streets to accommodate additional traffic from your development...Be sure to find out if there are any specific local ordinances you need to satisfy (possible tree & wetland surveys, together with any necessary tree & landscape or wetland mitigation plans) and whether there are any concerns from municipal departments (e.g. hydrant locations from the fire department, storm inlet and retention requirements, as well as asphalt / concrete road requirements from the engineer), entrance requirements from the road commission (left turn and passing lanes at the site entrance), etc.Once you get past all this you can finally prepare a preliminary site plan and enter the political arena to get preliminary site plan approval, and to address any concessions the board and neighbors want from you to overcome their objections to your development.

17 October 2024 | 12 replies
Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

17 October 2024 | 14 replies
This is actually biased media with an objective (including Tampa Bay Times).