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Results (10,000+)
Natasha Rooney Tax Implications for CANADIAN investing in US real estate
22 August 2024 | 5 replies
Can someone with any experience with this please lay it out for us? 
Michael D Kaminski How to Supervise my Property Manager?
23 August 2024 | 21 replies
Never took an hour to remove it or an hour to install it. 1. shut off water supply line(turn handle) 15 seconds2. flush toilet 10 seconds3. vacuum and drain water 2 minutes maybe 4 lay out cardboard(from toilet box) put out trash bag5 remove 5/16 nuts one on each side with hollow shaft nut driver 2 minutes6 pick up toilet and place into bag 2 minutes7 clean up old wax ring from flange and inspect flange 2 minutes8 place wax ring 1 minute9 install new flange bolts 1 minute 10pick up toilet and place on new ring if you didn’t ring right maybe 5 minutes 10 tighten down new bolts 2 minutes 11 cut bolts and install caps 2 minutes 12 reinstall water line 1 minute and turn on 13 flush to check for leaks 14 caulk back of toilet seal if you choose 1 minute15 carry away toilet to truck 10 minutes tops. this a 30 minute job.
Michael Ruvido Expense or Capital Improvement?
20 August 2024 | 4 replies
We're going to tear out the drywall around the jacuzzi, replace it with cement board, add a shower head, and tile the surround.
Clayton Silva Local vs National
20 August 2024 | 2 replies
There are definitely pros and cons to each so I figured I would just lay out a few benefits and personal thoughts: Small banks/brokerages:Pros:- Some regional knowledge of the market- Possibility of more creative lending guidelines with bank specific programs- Sometimes they have competitive rates for their areaCons: - weak balance sheet (more strict on some guidelines, no wiggle room, inability to be flexible or grant exceptions because they cannot afford to hold less than perfect loans)- Can't scale with clients to different markets- Usually limits exposure to individual investors (they don't want one investor to be too big of a portion of their balance sheet)- Lack of experience with multiple solutions (tend to have 2 or 3 loan products they sell and are too niche to provide tailored solutions)Large banks/brokerages:Pros:- Large compliance departments that understand individual market guidelines (typically each state has specific lending guidelines that augment the national baseline)- Ability to scale into multiple markets with same lender (licensed in many states)- Impossible for individual investors to "outgrow" a large bank's balance sheet (not concerned with one investor's concentration)- More lending solutions available for different scenarios- Often comparable or better rates given the game is volume basedCons:- Can be more difficult to get fast responses if the bank/brokerage does not have good follow up systems in place (or if the underwriting/processing staff gets overwhelmed)- Bad large banks can feel less like a relationship and more like a cog in a factory (less personal)Overall, I have worked from both and worked with both as a loan officer, branch manager, and as an investor/client myself. 
Ryan Scaife Deciding when to Rehab
19 August 2024 | 4 replies
I could wait to do my renovations and just lay down new flooring for now and advertise for rent while waiting to purchase the other side, but that could hurt my appraisal, and refinance amount.
Mariah Monson Living here, what to say to Tenant
20 August 2024 | 7 replies
Just lay the ground rules, stick to them and let the tenant know.
Sam Shinn Does previous owners family have legal standing?
19 August 2024 | 13 replies
Check With the attorney who provided the quiet tile or the title company that took care of your certificate.
Max Kulishov Home Remodel for Future Rental
19 August 2024 | 9 replies
It should outlast a tenant turn or two unlike carpet but no where near as hard to remove as tile
Bob S. What kind of flooring do you use/recommend?
18 August 2024 | 2 replies
Had one flooring store recommend glue down, they said this is better than 20mil 5mm snap in LVP flooring, as the snap ins sometime break and you can easily replace a glue down.Another flooring store recommended "loose lay flooring" basically that is similar glue down, but has sticky material on each board. 
Nina Liu Decisions on an aging building with end of life issues
18 August 2024 | 2 replies
Being a 1960s era, it will have everywhere.  6 inch tile floors, hot water pipes, countertops, etc.Would check on that before diving in.