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26 January 2025 | 2 replies
Plumbers typically charge $45–$200 per hour.
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28 January 2025 | 9 replies
If the property were owner-occupied, would I only receive credit for one rental unit's income, while the non-conforming basement income wouldn't count?
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4 February 2025 | 9 replies
Thanks- Robert very challenging to wholesale commercial properties as there are a lot less than residential and most are more complex and sellers typically go through brokers and the buyers are more institutional as well.
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13 January 2025 | 4 replies
Even with full coverage insurance you will not receive enough money to actually rebuild your home to today's building codes.
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7 February 2025 | 12 replies
Remember that if you buy 5+, typically that is going to be commercial lending and that can be tougher to sell on the exit.
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20 January 2025 | 1 reply
@Robert BatesYou should receive an email for your audiobook download.
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21 January 2025 | 3 replies
Britt,My firm has evaluated some smaller properties (under $500k) in the past for cost segregation, and it generally does not cost justify moving forward, since the benefits are small, and typically the tax liability on the income is minimal if any.
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31 January 2025 | 6 replies
Self managed HOAs are usually undercapitalized so you want to take a thorough review of the condition of the community to make sure there isn’t deferred maintenance because you might get hit with a special assessment if the board isn’t setting aside cash for those capital improvements.At face value, taking into consideration my typical financial objectives, I wouldn’t do this deal unless it was a much lower price.
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4 February 2025 | 5 replies
May I ask, where are you finding $25k properties and what is the monthly cashflow you are receiving?
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30 January 2025 | 3 replies
Sometimes using some contractors for one project will be good and then switching to another contractor for another project is typical because each scope of work is different.