Chris Gottshall
1031 Worth It? Suspended Losses Exceed Cap Gain
18 July 2024 | 9 replies
They have other suspended losses they will retain for the future.
Daniel Bedell
How I Built An Amazing STR The SUPER HARD WAY!
18 July 2024 | 0 replies
True, I never built anything more than a treehouse when I was eleven, but technically a treehouse is a house so…All I had to do was work with Honomobo to finalize the design, get architectural drawings, receive HOA approval, get a county building permit, get a driveway permit, clear trees for a build site, find a logging truck to take those trees to a lumber mill, find a mill, find someone to take the lumber from the mill to my house, dry the lumber, take a semester of woodworking to learn how to make furniture, engineer/permit/build a septic system, get a well permitted and drilled, install a well pump, learn what a pitless is, install a water line from the pump to the foundation, install a pressure tank, connect the house plumbing to the septic and pressure tank, get the the power company to permit and install a podium for power on site, run power to the foundation, connect the power to the house, engineer a foundation, excavate, get two different sized steel wet plates fabricated, pour said foundation with wet plates mounted all at the same elevation in twenty-five precise locations, hire a crane, hire rigger, hire a welder, build a retaining wall because the dropoff from house to ground level was higher than expected, insulate the crawl space on my own by watching a YouTube video to learn how to load .22 caliber cartridges into a ramstead gun and shoot two and a half inch nails through insulation board into my foundation, badger a supply company until they finally delivered the right insulation board, get them to take away the wrong insulation board they brought that was broken by the wind and scattered into pieces all over the property, find an illusive 3x3 foot crawlspace door, learn how to use a core drill to make a four and a half inch hole in my foundation to install a code required fan to vent the crawlspace that my engineer thought was a stupid requirement and failed to tell me about, figure out what the hell going on when the Honomobo project manager tells me the measurements you gave him of the now poured foundation are wrong, have a panic attack, review plans with engineer, realized the project manager was mistaken, scream into the void, get the last available short term rental license application that had a thirty-day expiration window to pass all inspections, coordinate all subcontractors needed on install day, check with the sheriff about parking semi-trucks on the road, rent a porta potty, rent a dumpster, have coffee and donuts for everyone, oversee the Honomobo install crew that didn’t need overseeing, pass a blower test, pass state inspection, pass septic inspection, build a wooden curb to cover protruding rebar for an unpoured patio, build a temporary front door landing that could theoretically be be permanent so as to pass final county inspection, get a certificate of occupancy, pass the county short term rental inspection on the very last day before it expired to get the very last available license so that I could rent the house to make money in order to no have immediately have to sell, pour the sidewalk and patio.
Benjamin Coleman
Property Management Recomendations
16 July 2024 | 2 replies
Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.
Don Konipol
After 45 + Years in Real Estate - What Works and What Doesn’t
16 July 2024 | 41 replies
What does getting a NARPM designation do except signal to me that you're a PM willing to spend some money with an association?
Susan Butler
First time investor - using home equity financing options for a cash offer?
16 July 2024 | 7 replies
But, ultimately it basically boils down to retaining cash/liquidity in the event that you desire to make additional investments (or, as it seems your concerns may be hinting to, in case you need it for something else).
Sendhil Krishnan
So You Wanna Start a Residential Assisted Living Care Home (RAL)?
17 July 2024 | 20 replies
If you feel you found a good manager, pay a small salary to keep them on retainer as you start the project .
Glen Friedman
Fund That Flip (FTF) - 87% LOSS - be careful
16 July 2024 | 15 replies
In other words, work and the quality of that work that we believed to have been completed was in fact not completed.We are committed to maximizing the recovery of principal and as such, have retained counsel at our own expense to hold the inspection company accountable.
Vic Reddy
Negotiating Lender Debt due to City demolition
14 July 2024 | 6 replies
This can significantly reduce your overall debt burden and improve your financial stability.Benefits:Debt Reduction: By paying off significant portions of your credit lines and settling your mortgage, you can substantially lower your debt.Improved Financial Standing: Restructuring your debts through this refinancing option can improve your credit score over time and enhance your financial outlook.Avoid Foreclosure: Settling your mortgage can help you avoid the negative impacts of foreclosure, providing you with an opportunity to retain your property.
Brad Tracy
Will adding Mother-in-law suite retain value
11 July 2024 | 12 replies
I am in a position where adding a mother-in-law suite to my primary residence in the Pickerington area seems very likely. I have attempted to find comps in the area and have not found any, I am wondering if that's bec...
Kee Lee
Tenant claims sickness due to Mold
15 July 2024 | 65 replies
Attorney's aren't working for the poor's on a retainer and it's doubtful he has the ability or desire to pay for one.