Jennifer Soltis
Lakefront property with upside potential, would you invest?
26 November 2021 | 2 replies
Now, here is the upside potential....First, we can put double pane windows in all the units.We are east of Cleveland Ohio and living on the lake is quite cold and all the units are single paned windows.
George Kopp
Tenant Asking for Blinds
13 February 2022 | 42 replies
Each panel is 55 “ wide so plenty of coverage with two panels.
Andrea S Menard
Marital property ownership in community property state
10 December 2021 | 2 replies
Continue to use Texas legal counsel (because that's where you live).If you think the marital relationship can take the strain, get a separate property agreement for the LLC and all income/assets it has/receives.Don't take any advice received here (including this) at face value.
Mike Malyy
Apartments.com now requiring tax information
11 December 2021 | 43 replies
I use an IEN from the IRS to get tax breaks on purchases and to register or apply for strain programs and licenses.
Ben Leybovich
Furnished Units in an Apartment Complex
26 January 2020 | 10 replies
However, my main concern would be the added headaches, liability, or management strain to implement 5% of the units as short term rentals.
Henish Pulickal
One of our flips from 2019 - purchased from distressed seller.
29 January 2020 | 2 replies
This home features brand new Flooring, carpet, brand new kitchen, all wood cabinets with soft close drawers and hinges, quartz countertops, new stainless steel appliances, new fully finished bathrooms, new interior and exterior paint, new central HVAC, new dual pane windows, new roof, new water heater and all new lighting throughout.
Joe Delgrosso
Using a HELOC for a BRRRR
29 January 2020 | 4 replies
If your numbers are tight to begin with, anything going wrong at any stage -- purchase, rehab, renting, refinancing -- can put a strain on the deal.Don't do the deal if you don't have reserves and can cover holding costs.Expect 8 months of holding costs because typically you can't refinance until 180 days post-close, and then it takes maybe a month or so to actually refinance from there start to finish.If you can't BRRRR comfortably (e.g. leaving money in the deal or not cashing out) then it may not be a good idea until you're ready.Most lenders will be around 70% LTV, not 75%.
Nathan Gesner
How dirty will you let your Tenant be?
7 February 2020 | 93 replies
Must have been more odor in the nooks and crannies of the windows (with those pane bar things) than I realized.
Mike Burkett
The Sky Is Falling (please hold, 12-18 months)
5 February 2020 | 3 replies
If Trump is reelected, those relationships will only be further strained.
Brock Hoffman
Wildly different quotes on electric??!!
7 February 2020 | 26 replies
That being the case, your 2 upper bids seem high for the wiring since the panel is already upgraded.