Jeff S.
Suggestions to impact appraised value & tax benefit for 2024?
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!
Ranveer Singh
AI dialing for real estate businesses
29 October 2024 | 4 replies
We just installed an AI text & dialing system which can handle real phone conversations and book meetings into a calendar.
Dan Gandee
My "Cash For Keys" Strategy For Dealing With 100's of Stubborn Tenants/Squatters/Fam
29 October 2024 | 5 replies
I'll then take a picture of it in their hands so I have proof it was provided.Make sure to have new locks installed the day the key transfer happens.
Will Mejia
Solar panels for 3-unit rental property??
18 October 2024 | 7 replies
If a solar system cost you $20,000 to install, it would take 148 months (12 years) for you to break even ($20,000 / $135).
Kyle Lam
How to Estimate Rehab Quotes
31 October 2024 | 6 replies
He installs our water heaters for $260 + the tank.
Rajshekar Manaliker
Refinance- New Manufactured home
28 October 2024 | 6 replies
Currently, I am working on installing a new manufactured home with a new septic tank on the foundation.
David Georgeson
Who Is Responsible For Damage Caused By Squatters
30 October 2024 | 15 replies
At our last turnover, we had neighborhood kids breaking in several times while vacant, damaging the house until we installed a security system and camera high enough that they’d need a ladder to get to it.
Josh Cochran
Western Wealth Capital: What do you know about them?
31 October 2024 | 37 replies
Perhaps one level is just to clean up the unit and install new appliances.
Justin Ruholl
1st Rental- 3 Year Update
27 October 2024 | 2 replies
We plan to remove the carpet next year and install LVF to increase property's value and potentially bump the rent.
Isaac S.
Delaware Statutory Trust DST 1031 Difficulty Giving up control
12 November 2024 | 171 replies
@Thomas Rutkowski may be able to help with a monetized installment sale...just another option.Glad that you posted...this is a meaningful post.