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2 February 2025 | 6 replies
Renovated in 2023, annual gross rents $144k + utilities.
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31 January 2025 | 24 replies
I will gladly assign you some remedial tasks associated with my projects and for your efforts and generosity I will assign you Co-GP title and send you out into the world to misrepresent your capabilities and track record to raise capital from others.
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1 February 2025 | 1 reply
Here's her most recent thought on the matter if it helps: "Lack of inspection during building by project managers [is the problem].
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6 February 2025 | 9 replies
Hi thereAccording to IRS guidelines, once a property is ready and available for rent, meaning after you completed the renovations. you would be able to deduct expenses. snce this was your main home, the tax accountant you will use will need to do a conversion from personal residence to a rental for depreciation purposes. the improvement you made, depending on what they are, may be added to your basishope this helps
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5 February 2025 | 4 replies
I am currently in Houston on a project, so maybe I will see you at a meet around here.
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29 January 2025 | 5 replies
First thing I notice is the big jump in ARV from the Total Project Costs.
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4 February 2025 | 10 replies
Additionally, they should be helping with taking video walkthroughs of the location and the property, estimating renovations/scope of work, helping you learn neighborhoods, building your real estate team, etc.
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4 February 2025 | 11 replies
I also stuck about $10K into renovations leaving me with $46K.Feb 2023 - Our second property was an upper and lower that we had to put down around $50K on.
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22 January 2025 | 11 replies
Your focus on the Dallas market and Fix and Flip projects sounds solid, especially with the DIY approach and having an interior designer on your team.
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30 January 2025 | 19 replies
You will gain experience with each project so don't let set backs discourage you but always try and learn from any mistakes.