Erica A.
Renters Stackable Washer and Dryer
27 January 2025 | 6 replies
But I’d also buy the $200 5 year warranty.My last/only stackable I bought last year was LG, the combined towers to try to reduce noise, increase ease of use, and presents higher end look.
Beau Alesi
Looking to buy
25 January 2025 | 7 replies
We are definitely likely going to see a drop in interest rates, which means you could always refinance in the future too to further reduce your monthly payments.
Janine Sharma
1099 or W2 for onsite MHP property manager?
12 January 2025 | 7 replies
If your manager is just 'keeping an eye' on things, collecting/reminding on a few rents here and there and some light cleanup while being compensated in free or reduced space rent then classifying them as 1099 subcontractor is great.
John Williams
Maximizing Returns on Your Rental Property
10 January 2025 | 5 replies
In my opinion, it is better to get a property rented quickly (even if it means reduced rent) than it is to get it rented for the highest amount possible.
Samuel Coronado
Looking at another park
13 January 2025 | 8 replies
Options like a unique amortization schedule or a 3/2/1 or 2/1 stepdown interest rate could provide initial relief to get you through the renovation phase while giving the seller confidence in a structured payoff plan.To determine an entry point, consider reducing the price based on the current NOI.
Kiley Costa
Pay Off STR or Invest in Another Property?
11 January 2025 | 9 replies
Here’s my two cents:Paying off the condo might make sense if your main goal is to reduce risk and enjoy the peace of mind that comes with no mortgage.
Makan A Tabrizi
Nail/Screw Holes in Walls
22 January 2025 | 39 replies
We also tell them that we charge $25 per hole for TV mounts, shelves etc I think that $10 up-front investment has reduced the number of issues by probably 80%.Our walls are textured (sand textured in Milwaukee, orange peel textured in the western suburbs - yes, there is an actual dividing line), so we try to avoid the usual palm-sized patch and fill only the hole without making it bigger, so we can get away without texturing.
Will Almand
Cost Segregation Questions
20 January 2025 | 11 replies
@Will Almand A cost segregation (cost seg) study can accelerate depreciation on your properties, reducing taxable income by reclassifying components (e.g., appliances, HVAC) into shorter-lived categories.
JR Gonzalez
1031 into TIC/DST aaaaand into single family home?
17 January 2025 | 6 replies
You could also add cash to your exchange account to reduce the debt replacement if you wanted.
Lacey A.
Rent to Myself
20 January 2025 | 5 replies
Repairs made while the property is your primary residence are not deductible, but improvements can increase your cost basis, reducing future capital gains tax when you sell.