Amy Lemaistre
Contractor failing to complete work and making costly mistakes
26 June 2024 | 3 replies
Take Photos: Capture images of the incomplete work, the removed alarm system, and the broken tile.Written Records: Keep a written record of all communications with the contractor, including dates and details of conversations.Scope of Work: Check the contract to see if it explicitly mentions the removal and reinstallation of the alarm system, as well as any handling of fixtures like the fireplace tile.Breach of Contract: Identify any clauses that the contractor has violated by not completing the work or causing damage.Formal Letter: Write a formal letter to the contractor outlining the issues, referencing the contract, and requesting a resolution.
Mary Jay
Do you rent to people with bad credit?
26 June 2024 | 17 replies
- attracting the wrong type of tenants or actually capturing those with decent credit looking for a deal?
Martin Sarsale
Service for taking outdoor photos of hundreds of properties
24 June 2024 | 4 replies
Currently, I'm looking for a way to send someone to capture exterior photos of potential investment properties.While Uber allows you to hail a driver, it's designed for single rides.
Igor Balakhnin
Do you pay capitol gains tax on owner occupied duplex at sale?
27 June 2024 | 26 replies
Not a cpa, not a lawyer, just a reader....TBS.I’m pretty sure you’re generalizing at least a couple ideas...The best you’re going to do is tax free on the side you lived in, if it’s under $250k or $500k if married, you’re going to owe capital gains tax and depreciation capture on the rental side regardless You have to have lived there as your primary FIRST, if it was a rental first, you’re going to owe capital gains and DR on the percent of time the half you lived in was a rental, and 100% of the other unit.
Ahmad Moore
Cash Out Refinance
26 June 2024 | 45 replies
Rent comp data is not as easy for the appraisers to capture as sales comp data is so they often make errors on this.When I run into this issue with my clients I ask them to send me 3-4 rent comps in the area to dispute.
Aaron Dubois
Trying to replace my mom's income with short term rental income.
26 June 2024 | 33 replies
It's a zero expense way to get into the industry and you can capture 15-25% of the booking of revenue without leveraging close to $1M.
Rahul Garg
Best lender for building loan
23 June 2024 | 13 replies
We always build less square feet so we can capture the highest price per square foot. you can't control your market economics so building and designing and constructing around them is good. 200 sq ft less might be a huge pool or another amenity.
Daniel Ben-Hur
Buying a home every 2 years, renting the previous home out, and repeating, good idea?
26 June 2024 | 32 replies
In the longer run if it doesn't make a great rental it likely will make a great home and you'll capture that through equity/appreciation.
Marlia Stone
Investment Property Gone Bad
23 June 2024 | 67 replies
I'm in a different position in life where cash flow is not as important that equity capture.
Ugo O.
How to estimate a rehab
22 June 2024 | 10 replies
If you must, get video because with video someone can slowly pan across and capture almost every surface.