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7 February 2025 | 14 replies
I am a newbie to REI, so all I can offer is welcome and I hope your REI journey helps you meet your goals!
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10 February 2025 | 0 replies
Here’s a breakdown of some of the information you may need to provide for a cost segregation study.For existing buildings:List of equipment on the propertyProperty settlement stateAny appraisals or purchase/lease agreements Property maps or blueprintsSchedules, change orders or documents for future renovation plansSupporting documents for calculating real property book valuePrevious purchase price allocations that separated assets into their appropriate allocation and valuePast site inspections and photographsDocumentation that proves or records deterioration of assetsFor new construction:Contracts or contract paymentsLand and property sizeBlueprints of projectList of equipment involved or purchasedList of projected costs including costs for land developmentApplicable site inspectionsConstruction schedules and payment requestsPhotographs of completed assets or work in progressCost segregation specialists typically have an organized plan for the collection and analysis of the information provided.
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24 February 2025 | 3 replies
For the first 10 houses (all residential single family homes), we would get a typical landlord insurance policy and our properties are owned in either my husband or my name (not through an LLC).
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6 February 2025 | 8 replies
For example, ask about typical costs for HVAC repairs, plumbing issues, or roof work.- Use Historical Data: If the seller has accurate financials, their expense data can be invaluable.
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2 February 2025 | 2 replies
The typical rent collection sites are not what I'm looking for.
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18 February 2025 | 3 replies
One key he found was mixing a welcoming atmosphere with firm guidelines.. it typically falls under standard tenant landlord laws for eviction.. so you’ll want to double-check local regulations.You mentioned Furnished Finders and Padslipt.com.. from what I’ve heard, those can be great if you’re targeting traveling professionals or short term visitors.
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10 February 2025 | 4 replies
My understanding is that typically, a homeowner must live in the property for at least a year before converting it to a rental.
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3 February 2025 | 15 replies
The struggle comes when you plan to sell, pay close attention to how the bank would treat the loan in the event you would sell.Even though its a bit more work, banks are typically open to these loans as it provides them with additional collateral in the event of default.
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20 February 2025 | 18 replies
Sometimes people get into a bad rental situation, it's not always on them, but typically it's their fault.Ask the property owner what their comfortable with.
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12 February 2025 | 4 replies
(Foreign to the state, not the nation) Furthermore, they typically require you to have a registered agent.