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Results (10,000+)
Scott MacComb Contract with general contractor on house flip
31 December 2024 | 13 replies
You also need a detailed explanation of each cost item to solidify a clear scope of work for that specific task.Experienced general contractors provide computerized plans to show the current existing conditions and the proposed final floor plan.
John Cooper Difficult Tenant: Escalating Issues & Safety Concerns
25 December 2024 | 10 replies
If you warned them and they didn't clean things up that could be a reason. 10.
Kent Fang ching Guidance on OOS markets to get into
24 December 2024 | 44 replies
Don’t know much about Memphis as a city itself though, I just know crime was a problem back in the day, is that still the case or is the city getting cleaned up and growing?
Michael Baum Mike's Deal of the Day - Walmart Cyber Deals
2 December 2024 | 2 replies
We have a few of these (not this brand but they are all the same IMHO) and they will help keep the sofas clean$89.90 - uhome 8.5qt Stand Mixer - https://www.walmart.com/ip/uhomepro-8-5QT-Stand-Mixer-Home-C...This is intriguing to me.
Eric Lopez Estimating Operating Expenses
19 December 2024 | 3 replies
Conducting a thorough property inspection or consulting a contractor can help identify potential large-ticket items you might need to replace soon.For make-ready costs, you can look at local averages for common turnover tasks like repainting, carpet cleaning, or minor repairs.
Shawn Tuma Duplex Concerns w/ VA Loan
17 December 2024 | 1 reply
Details on the duplex:Price: $385kBuilt: 2012Size: 2674 sq ft (1333 each side). 2 story, 3B/2.5B each side w/ 1 car garage & driveway for both, fenced backyard both sides.Interest: 5.49%PITI: $2,698Current Rent: $1,350 but could be brought up to ~$1,600, maybe $1,700Yearly Property Tax: $8,340 (I don't pay any on my side while I live there so $4,170)Upgrades: Vinyl floor in kitchen of both units, new AC (central HVAC) on vacant unit, roof done 2016. 
Julie Muse 11th Ave NE Success: Quick Flip in Watertown with Traci Stephens!
17 December 2024 | 0 replies
While we didn’t need significant updates, our team focused on cleaning, staging, and marketing to highlight the home's features.
Will Almand Multi Family Investing Cons
18 December 2024 | 4 replies
Most, if not all quads, in my market are a box building with two units on second floor and two units on first.  
Melanie Baldridge Bonus depreciation ?
16 December 2024 | 0 replies
Bonus depreciation is just a special part of the US tax code.It allows you to take accelerated depreciation on portions of your property depending on when an asset is put into service.At the time of this writing, you can write off a huge portion (60% in 2024) of many qualified components that have a useful lifespan of 15 years or less.That means a certain percentage of things like landscaping, sidewalks, latches, appliances, fences, certain flooring, etc is depreciable in year 1.The bonus depreciation rate percentage changes yearly depending on the administration and the tax code.For years 2015 through 2017 first-year depreciation for all the items on a 15-year schedule or less was set to 50%.It was scheduled to go down to 40% in 2018 and 30% in 2019 and then 0% in 2020.But then Trump got elected, and he enacted the Tax Cuts and Jobs Act.That moved the bonus depreciation percentage to 100% from 2017 to 2022.In 2023 it went down to 80% and it’s currently at 60%.Depending on who gets elected again, 100% may be back on the table.Only time will tell.We know that the US government wants to incentivize more development and ownership of RE.They want Americans to continue to build and maintain our physical world.That’s why real estate is one of the most tax-advantaged assets in the US.Depreciation and bonus depreciation for RE are very positive and will likely continue in the years ahead.
Louisa Seales In a Slump!
19 December 2024 | 6 replies
That might be especially attractive to folks who want to shed the clothes they wear at work to keep their living space more clean.