Jaskanwal Preet Singh Chhabra
Permitting for adding more rooms without changing sq ft
13 December 2024 | 13 replies
Random things like this.I can only imagine if they did allow you to add all the bedrooms, they would make you also add fire sprinkler system and a commercial fire alarm system like residential assisted living.
Jordan Ray
New investors getting Stuck on list price
18 December 2024 | 11 replies
Most MLS systems will allow you to run a report and see what % of list price are deals actually selling for..
Peter Albert
Canton Ohio a good area for investing ?
19 December 2024 | 21 replies
I don't believe that will change as long as the school system and public safety levels remain some of the worst in the state.
Rafael Ro
What are some realistic tenancy terms and maintenance costs (turnkey)?
19 December 2024 | 5 replies
For example, in C class neighborhoods, you might see higher tenant turnover and more wear and tear, which can increase costs over time.It’s also worth factoring in reserves for capital expenditures (CapEx), even if major items like roofs and HVAC systems are new.
Luka Jozic
Experience of OOS investing in Cleveland after 1.5 years.
29 January 2025 | 107 replies
Reach out using the message system if you have any direct questions or want additional advice.
Matthew Morrow
4 out of 5 new tenants evicted or arrested....
17 December 2024 | 16 replies
Not only is it the right thing to do to help them get their legal ducks in a row about knowing SPECIFICALLY what the seller did wrong, ie did not disclose and can prove it was done for the sole purpose of deception to make the sale "smoother" but it can help you look good and have you learn how to avoid in the future (as you say "tighten up your due diligence")It sucks when agents "help" 1st time or largely inexperienced buyers long enough to make the sale and get their commission but then peace out on the client when something like this happens.It It seems like you are attempting to do the right thing which is admirable bc at the end of the day, the court system is the closest thing to a "business police" that ppl can get.
Sunil Kale
Missed 11 month warranty - no communication from tenant
16 December 2024 | 19 replies
You may consider terminating the lease depending on how much time remains, your skills, the legal system, and other factors.Based on what you've said, I am concerned there's someone else occupying the home or something else is going on.
Julio Gonzalez
Cost Segregation Reclassification Percentages
11 December 2024 | 2 replies
Some examples of properties with high asset reclassification include medical clinics and hospitals with technical machinery and labs, grocery stores with machinery, shopping centers with rainwater drainage systems and large parking areas, industrial manufacturing facilities with advanced equipment, apartment buildings in suburban areas with swimming pools, golf courses, tennis courts and large parking areas for tenants.Here’s a list of the average amount of assets that can be reclassified into shorter asset life classes based upon the type of property.
Scott Zeiger
Appliances
17 December 2024 | 29 replies
I do whole house HVAC systems, not window unit ACs.
Christopher Morris
Is Relying on Cash Flow Feasible?
21 January 2025 | 59 replies
The main use of the extra revenue is capital improvements; new roof, furnace, monitored fire alarm system, etc.