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26 October 2024 | 1 reply
Is it worth the money to level the concrete in the basement of a future rental?
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31 October 2024 | 17 replies
We served the tenant 90 day notice as she was throwing massive parties in the home with complaints from neighbors, etc.
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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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28 October 2024 | 2 replies
The massive influx of full-time residents to our market in the last 5 years has led to a shortage of affordable housing for renters.
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28 October 2024 | 8 replies
To make things more concrete, it helps to get specific.
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28 October 2024 | 34 replies
I had the same realization as Michael when considering section 1245 assets in a 1031 exchange, and I really have been looking for a concrete answer ever since.
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30 October 2024 | 28 replies
Because we charge by the bed, returns are significantly higher than market rental rates, even when considering our rent covers ALL housing costs ex food.With today's opioid epidemic rampaging across the US, there is a massive need for well run transitional living facilities everywhere, but it is easy for good intentions to sour when the houses are not run properly.
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30 October 2024 | 35 replies
Hello,Despite all of the warnings to only invest in landlord friendly states, there are massive investments made in cities like New York San Fran. etc.
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27 October 2024 | 4 replies
The 900sf is not massive so I don't thing spraying will benefit much imo.
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31 October 2024 | 29 replies
The contracts aspect is major, VERY major, not to mention it can make massive $ differences in a sale.