Ahmed Hikal
Liverpool , Manchester , or Brimingahm - UK
9 April 2024 | 0 replies
I do my search and feel that Manchester, Liverpool , and Birmingham as most likely areas I can invest in , My goal is to have good houses "Single famliy" with good prices that can establish a good cash flow as passive income.For sorry I do not live in any of those ares, I know them from EPL and try to do the research based on income and thier share in UK GDP , for sure london is the best but I can not handle the prices there.Based on my reasech I can classigy them as follow : Manchester is the best in , Birmingham , and then liverpool.I see Liverpool houses is more but rent to prices ratio is low .I need your insights on this with your valuable advise , considering the area I choose , I will keep investing on it and enlarge my protfolio in it for the next 10 years.
Samson Tefera
Contractor unable to get rid of pet odor.
21 March 2024 | 28 replies
Cat urine will soak into the baseboard, subfloor, drywall etc....anything that has pores.
Christie Gahan
Housing Cartel in Arizona?
8 March 2024 | 1 reply
Click to enlarge: Phoenix has the most space under construction.
Robert Snowden
Seeking LGBTQ-friendly real estate financial/lending source
6 March 2024 | 9 replies
Interestingly, they've recently negotiated a re-purchase price with us IF we bring new funding to the table.The rehab is required for several reasons: (a) correct the damage the bank has allowed to happen to the property improvements these past few years (known problems include completely destroyed pool makeover; wild animals living inside the residence; flooring missing in sections of the rec center building; destruction of the decorative main entry gate mechanism; lots of dead landscaping; as well as latent defects not known to us such as working plumbing, HVAC & water services) AND (b) expansion & upgrading of the accommodations (converting the private residence to a 2-story lodge with the restaurant/bar, reception/check-in, movie room, public restrooms, gym/sauna/steam room/massage therapy room; enlarged pool & deck area with climate-controlled cover for year round use; conversion of former restaurant/bar building to a general store selling venue collectibles & wearables, selected pre-packaged foods, sundries, RV & camping items, bagged ice & a propane refill station; construction of a free-standing event center; free-standing cabins; enlarged & upgraded RV park with its own small restroom/coin-op laundry building; outdoor activity areas; new landscaping & fencing; new parking area & entry drives (personal car & RVs).We know our target audience having created and operated the former version of this resort for almost years creating an initial membership base numbering about 1,100.
Julio Gonzalez
Historic Tax Credits
29 February 2024 | 6 replies
Costs to acquire the propertyCosts that do not directly relate to the rehabilitation of the buildingCosts associated with enlarging the propertyInterest incurred on the rehabilitation loanSidewalks, landscaping and parking lotsWhat other questions do you have about historic tax credits?
Theresa Hansen
First time Investor Questions -Is it too late to start?
29 February 2024 | 14 replies
(Click to enlarge)We saved them from having to pay $12,000 in realtor fees and other costs.
John Morgan
Can I save old dog peed on wood floors?
28 February 2024 | 28 replies
That will fill in wood pores and create a shell on top.
Cory St. Esprit
Tenant Wants to Break Lease Early
26 February 2024 | 13 replies
Assuming they're refusing to pay, pore over every detail of your lease and proceed with exactly the processes called out by it (and get advice from your lawyer concerning State laws/procedures to follow in case they may trump your lease terms).
Nicholas Aiola
Ask me (a CPA) anything about taxes relating to real estate
27 February 2024 | 2053 replies
According to my research a capital asset is:The IRS indicates what constitutes a real property capital improvement as follows:Fixing a defect or design flawCreating an addition, physical enlargement or expansionCreating an increase in capacity, productivity or efficiencyRebuilding property after the end of its economic useful lifeReplacing a major component or structural part of the propertyAdapting property to a new or different useA repair is as follows:Improvements that "keep" property in efficient operating conditionRestores the property to its previous conditionProtects the underlying property through routine maintenanceIncidental Repair to propertyReference is http://www.dbbllc.com/newsletters/focus/mar2012/irs-clarifies-capital-improvement-vs-repair-expenseNext time I will rent a small excavator, dig my own hole, and put on a Fernco.
Richard Escano
Real estate investor
16 February 2024 | 10 replies
It's great for travel nurse rentals.Click to enlarge Thank you so much for the info!