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31 January 2025 | 5 replies
Very few non-owner occupied property policies guarantee full replacement cost - they typically provide replacement cost up to the dwelling limit purchased.
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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.
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13 February 2025 | 25 replies
In major cities I can get someone out for emergency service typically same day, even if I have to pay overtime for after hours work.
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1 February 2025 | 30 replies
------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
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12 February 2025 | 27 replies
Most out-of-state syndications or hedge funds wouldn’t typically consider the cities you mentioned.
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22 February 2025 | 12 replies
•Adjusting bookkeeping records to align with Generally Accepted Accounting Principles (GAAP)•Analyzing financial performance and advising on business decisions•Preparing and filing tax returns (if properly trained)Credentials:•Typically hold a degree in accounting or finance•Some may have certifications like Certified Management Accountant (CMA) or Enrolled Agent (EA)Caveats:While accountants can generate financial reports and file tax returns, they cannot represent clients before the IRS.
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1 February 2025 | 5 replies
Hi, I am keen on a property but checked that it uses Oil for heating (instead of the typical gas or electric).
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7 February 2025 | 5 replies
Land Basis for Condos – Typically determined using county assessor records or HOA allocation.3.
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28 January 2025 | 0 replies
Both investments can offer tax benefits, but real estate typically has the edge.