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13 November 2024 | 9 replies
After all PITI, utility, and services (lawncare and cleaning) costs I have $7,225.I set aside 25% of this for my maintenance fund.The remainder funds my lifestyle, wife has a Tesla, and quarterly vacations as well as business growth.In 2023 I am tracking to build 4 duplex units designed as room rentals funded in part from a recent land sale.
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14 November 2024 | 2 replies
A small amount of movement in the rail of a screw-drive garage door opener can be normal, as it’s designed with some flexibility to handle the door's movement.
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22 November 2024 | 92 replies
Here's my primary reasons:Expenses disproportionately impact lower rent collecting properties For illustration purposes compare two identically designed 1+1 duplexes in the same market.
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14 November 2024 | 5 replies
My goals would be to increase monthly cash flow and have more access to the property's equity for things like Cap Ex, etc....Here's a blurb from a lender's website:"By combining banking functionality with home financing into one dynamic instrument, borrowers are able to save tens of thousands of dollars and years off their loan""Designed after popular programs around the world, the All In One First Lien HELOC is the nation’s first transactional offset type-mortgage program.Home financing and banking combined:Deposits lower your loan’s principalFunds remain available for expensesInterest is calculated on the average daily balanceThis lowers the monthly interest paymentsTens of thousands of dollars can be saved over the life of the loanMortgage freedom can be achieved in half the time or less
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13 November 2024 | 1 reply
I am under contract on a lake front house but still in the due diligence period - I just learned that it's designated flood zone A.
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12 November 2024 | 47 replies
My company has been offering furnishing and design services since 2018 in this field and I've never heard of them before.
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13 November 2024 | 8 replies
The project required rezoning and platting before we got to design.
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18 November 2024 | 15 replies
@Joshua Thompson already linked the long post that I wrote to answer your question:https://www.biggerpockets.com/forums/51/topics/1215989-expla...Based on your subsequent comments, you missed the point of my post: it DOES NOT matter whether your accountant holds a CPA or an EA designation (or neither of those two).
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28 November 2024 | 184 replies
The Order finds that White signed these letters as ORES's part-time CFO, or using his CPA designation, but did not verify whether the statements were accurate.Without admitting or denying the findings, White consented to the SEC's Order finding that he willfully violated Section 17(a)(3) of the Securities Act of 1933 (Securities Act), and he agreed to pay a $60,000 civil penalty.
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13 November 2024 | 0 replies
Adding rooms does create the potential for more conflict but carefully thought-out floorplans, designate wet and dry storage spaces, and provide supplies.