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3 January 2025 | 1 reply
Purchased on 2/1/2024 for $58,500, we invested $55,000 in renovations to enhance the property’s appeal.
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6 February 2025 | 5 replies
If substantial renovations or capital improvements are made in later years, those improvements may qualify for new bonus depreciation.3.
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11 February 2025 | 12 replies
You can also hold money for maintenance, capex, taxes, insurance, or other projected expenses.
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30 January 2025 | 8 replies
If you've done a complete renovation—say, updating a 60-year-old building to 2025 standards—their quote could be outstanding.
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19 January 2025 | 6 replies
Many are buying properties, doing minimal renovations to keep their crews busy, and selling with small or zero profit margins.Cash buyers are a priority.
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29 January 2025 | 4 replies
Sounds like an interesting project but I am sure there is more to the story.
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1 February 2025 | 5 replies
That said, I wouldn't let projecting rates factor into my decision as much as whether or not you want to pull the extra $$ out.
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10 February 2025 | 8 replies
Since you haven't started the project yet, use this time to network with lenders to see who offers the best terms....seasoning, rate, leverage and pre-payment penalty terms.
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27 December 2024 | 0 replies
The house, built in the early 1900s, was outdated and required major renovations.
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3 February 2025 | 5 replies
Local PM here - we have multiple development projects we are gearing up to sell, both small multifamily and townhouses should you want to take a peak at them.