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10 February 2024 | 4 replies
You should have made the tenants responsible for the landscaping from the beginning, then you could hold them financially responsible if they fail.At this point, you should probably hire a professional to recover the lawn.
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11 February 2024 | 30 replies
@Christie Gahan if you can only recover $4500 - $12000 in small claims depending on the state where property sits then paying an attorney $10000 to appear isn't going to be worth the juice from the squeeze.
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9 February 2024 | 24 replies
Or are you selling off recently purchased property to try recover as much capital as possible?
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9 February 2024 | 31 replies
At least the cracked tiles were easy to remove; the subfloor and floor were repaired and recovered with LVP.
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8 February 2024 | 5 replies
The down payment you will eventually get back and the money for the repairs presumably over time you will recover as well.
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8 February 2024 | 11 replies
I recovered in time for the home inspection and arrived and it was a nice duplex, side by side 3 story identical 3/1 each side.
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7 February 2024 | 9 replies
I am not convinced that granite countertops will allow you to increase rent enough or reduce vacancy enough to cover their cost.In a typical smaller house you might spend $6000-8000 on granite countertops, if it even allowed me to increase rent by $100/month it would take 5 years to recover the cost.Our tenants seem to be happy with laminate countertops that cost me less than $1000 to self-install ( I have done this in multiple houses).Can you help me understand the math of ROI on this?
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7 February 2024 | 21 replies
The last thing you want is for your first deal to take you out of the game for a few years while you recover.
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6 February 2024 | 9 replies
I'm also assuming Airdna data is recovering from super high revenue in 2021+2022. 2.
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5 February 2024 | 7 replies
Investment propertyAll 3 allow you to claim a loss, but they have different tax consequences: some allow for an immediate loss, and others may force you to recover it over multiple years.The questions is not which one is better for you but which one is the most accurate.