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27 February 2024 | 1 reply
If actions by the tenant in a NNN lease leads to a contractor placing a mechanics lien on the property, and assuming the lease agreement does not specifically address this scenario, what options are available to the landlord to resolve this?
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29 February 2024 | 5 replies
I have the opportunity to buy from a motivated seller. 1 acre with four lots consisting of 3x POHs and 1x TOHs, plus a single detached garage that can be rented out as a mechanic shop.
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29 February 2024 | 2 replies
We plan to act as the GC for permit coordination, but mechanical, electrical, and plumbing contractors will file their permits individually under our GC status.
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27 February 2024 | 2 replies
We suspected it was from another tenant who was a mechanic and I warned them that they needed to stop washing his work clothes in the washer but we are on occurrence #4 now what should I do?
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28 February 2024 | 2 replies
We also point out air filter locations, main water shutoff, electric panel, GFI's, sprinkler timers, and other mechanical systems.
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28 February 2024 | 28 replies
Natural Finish - after removing stains chemically or mechanically, mix 1 part Tung Oil, 1 Part Mineral Spirits.
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1 March 2024 | 97 replies
(I'm not one to utilize 'wrote scripts,' and sounding 'mechanical...' and most of the LO, etc. scripts I've found on the cheap, frankly aren't very impressive.)
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28 February 2024 | 31 replies
Agreed,Should have been removed during rehab process but sometimes it can be missed.Rehabbed hundreds and many times the crews miss stuff so not completely on the seller.I always tell our investors to have common sense when doing a building inspection.Anything that can affect the long term sustainability of the property like foundation, roof, mechanics, HWH, furnace, electrical, plumbing is on us.Any cosmetic stuff that won't really affect rent or cashflow is up to negotiation.If investor is adamant on being fixed, we will fix but at a cost.There is no such thing as perfection on 50-100 year old homes.The demographic in my area also doesn't require perfection.If they do, we don't rent to such folks and advise the suburbs which come at a 3x monthly rent compared to the city.The tree should be removed by the seller and foundation addressed.Doesn't look too major to me anyway.Thanks
27 February 2024 | 11 replies
The actual mechanics of retroactively calculating cost segregation and then applying it to your 2024 taxes are complicated.
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26 February 2024 | 5 replies
If your pulling every mechanical component out, most interior wall and ceiling cladding, then the ROI on the energy upgrade may spec out nicely over a period of yearly savings (many years).