28 October 2024 | 7 replies
A professional property manager can protect your investment by ensuring everything is handled legally and fairly.Maintenance and Repairs: Routine maintenance is essential for keeping properties in good condition and maintaining property value.
20 July 2019 | 25 replies
However, the first is handwritten (which deal machine should now do as well, its printed but in handwriting) and then he follows up with printed and then the last one is also handwritten.I'm new to the game and learning, but he's already had a few deals through his routine.
13 January 2010 | 98 replies
I understand the basic routine, however, I need to go through the process myself.
22 November 2019 | 30 replies
But, on this website it seems pretty routine that people contribute in their own way while also getting their business out there in the REI community.
18 October 2024 | 10 replies
Then you have a state representative coming in and checking on the condition of the property routinely so it’s much easier to stay up on repairs.
4 March 2016 | 4 replies
As far as working with an Investor/Agent, you have to develop a trust and understanding that you wont step on each others toes, find your own deals, dont just sit and wait for your agent to email you deals, be diligent in your search, watch every day, look at the auctions, and MLS, every day or even several times a day, its part of my routine.
5 November 2024 | 0 replies
To determine if the expense should be classified as a capital improvement or a deductible repair, the context of the expense is very important.An example is, if an item of expenditure is part of a general plan of modernization, renovation or rehabilitation to equipment or other business property, it typically must be capitalized even though on its own it would be currently deductible.According to IRS Code, expenses that you must capitalize are those that:Materially increase valueSubstantially prolong useful life (including replacement of deteriorating assets)Adapt the property to a new or different useHowever, you are allowed to deduct expenses and fees for routine maintenance and repairs that help keep the property in efficient operating condition.
19 October 2022 | 12 replies
If you have a busy 9-5 routine but have the money to get started and don't have enough time, turnkey companies provide some of the best resources to scale your portfolio.
7 October 2016 | 14 replies
Not to buy anything but to catch the high energy and motivation that they have that he says is very much helpful to get him out of just coasting.Being surrounded by every day people in the routine of life it gets to have a effect on us and that to put yourself around all that energy and go get it done energy really helps him.He has never bought any thing from them, it is the get out and do it mentality that he says is what keeps him growing.
22 October 2024 | 5 replies
This will allow you to run specific underwriting and projection tools to better assess each option.Remember, owning a property with a pool comes with added expenses, such as heating, emergency and routine maintenance, and higher insurance costs.