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28 October 2024 | 5 replies
Outside of real estate, I enjoy going to wine dinners, charity functions, date nights, piano bars, and nice dinners with my amazing wife.Excited to learn and connect with you all!
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27 October 2024 | 0 replies
We're looking to renovate something before the end of the year to accomplish 2 things: 1) Improve home value so we can get appraisal, refinance and leverage that to buy a new property. 2) Take advantage of the tax credits that are out there in 2024 before the new year or is it better to wait until 2025 and just hold onto the cash I have at hand.Here is a list of renovations that will need to be done eventually:*Brand new basement kitchen (cabinets + add seating area - we already have brand new dishwasher, fridge, gas oven)*New standing shower in the basement bathroom*New Siding*AC/Furnace for unit 1 are close to end of life but still functioning*New Fence/landscaping*New Windows for the basement*New Garage (unstable, concrete shifting, very old)*Solar Panels on the roof (There is a $0 down payment lease option w/ sunrun, but I'm hesitant to move forward)*Renovate master bedroom closet for tenants (it is old & has built in entertainment center that is very dated)*Repair Catch basin*Adding better drainage system for back door.Greatly appreciate any help, insight or advice!
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26 October 2024 | 1 reply
If the cracks are big enough to create a tripping hazard or the floor is so uneven it could cause someone to fall, then I would want that fixed.If it's safe, then I want to ensure it is functional.
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31 October 2024 | 44 replies
A great high functioning portfolio along with a decent W2 goes a very long way to achieving your goals.
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26 October 2024 | 50 replies
rent is a function of the rental market, and a mortgage is a function of price and rate.
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24 October 2024 | 2 replies
@Brandon Ja - The standard answer here is to check with your CPA, but from my standpoint expenses that add longevity and functionality to an existing property (including adding square footage) would make that a capital expenditure that can be depreciated over time.
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25 October 2024 | 2 replies
WikipediaSustained and significant population growth: Prices and rents are a function of supply and demand.
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24 October 2024 | 7 replies
Something that easily integrates to the Accounting module so that $ amounts from repairs are easily and automatically reflected in the Accounting functionality / reports.
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22 October 2024 | 20 replies
The property should be clean, functional, and safe.A well-maintained property attracts higher-quality renters that will pay more, stay longer, and take better care of the home.
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23 October 2024 | 2 replies
I've found that using thia tool has significantly improved my communication with tenants and reduced the number of late rent payments.Finally, I appreciate the reporting functionality.