Devin James
Underground Plumbing Dug too Low Results in Thousands in Extra Costs
18 October 2024 | 4 replies
This home had a HUGE delay that cost us thousands of dollars.The group that put in the underground plumbing dug the plumbing too low, and by the time we caught the mistake, the slab had already been poured and the septic tanks installed.We had to dig up the septic tanks, install a lift station, and reinstall the septic tanks.This all happened during 2 hurricanes, which caused even more delays.Time kills deals.This is why you need to 1) be conservative with your timelines and costs, 2) add contingencies to your budgets, and 3) have a healthy profit margin.
Joe Scott
Tax return size --- an audit flag?
18 October 2024 | 8 replies
Hey Joe, Having a large number of rental properties and installment sales can certainly make your tax return voluminous, but as long as you're maintaining accurate records, filing everything correctly, and reporting all income, the size of your return itself is not necessarily an audit trigger.
Cedric Skeen
Project(job) request via section 8 tenant
19 October 2024 | 6 replies
@Cedric Skeen a tenant who is demanding hardwood floors be installed where I don’t want them is a big no.
Lena Harris
Ice Maker Maintenance/Replacement
20 October 2024 | 17 replies
Some of the sites include install instructions or videos.
Bob Billingtonz
Tenants having issue with ac/heat in side by side duplex
17 October 2024 | 4 replies
We have installed a mini split in their unit which is located upstairs.
Robert Burns
Fix and Flip REO Properties
18 October 2024 | 6 replies
Focus on projects that will bring a return on investment, such as updating the kitchen, bathrooms, flooring, and installing new appliances.
Philip Levi
HVAC Unit Advice Needed
16 October 2024 | 9 replies
Given the costs and the age of the existing unit, would you recommend servicing it or going for a new installation?
Allende Hernandez
Need suggestions on how to handle utility costs for house with "efficiencies"
20 October 2024 | 8 replies
Have an electrician install sub meters for all the units
DeAndre Mason
Cash out refi
15 October 2024 | 10 replies
So I’m in a bit of a bind, I have a duplex I’m house hacking we remodeled entire thing, new hvac, electric panels, electric main, updated plumbing, water heaters, furnace, install central air, roof.