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13 May 2024 | 2 replies
In my area the water company will forgive excess usage if it can verify there was a temporary water leak causing it.
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13 May 2024 | 16 replies
We're funding in excess of $35mm a month in short-term, construction loans, so we're doing something right.As for the idea that some construction manager builds your rehab schedule is false.
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16 May 2024 | 158 replies
Once you’ve paid in a considerable amount of your wealth year after year as you’re building you’re business (I built an insurance brokerage from the ground up but new to real estate investing), you become frustrated at the lack of competence and accountability you find even in qualified CPA’s as well as the excessive amount you seem to pay Uncle Sam.
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12 May 2024 | 8 replies
Quote from @Tatenda Mpofu: A quick search suggested that the following surveys could be completed in the diligence phase of self storage facility acquisitionBoundary Survey: ALTA/NSPS Land Title Survey: Topographic Survey: Site Planning Survey: Floodplain Survey: As-Built Survey: I'm curious which of these are necessary versus nice to have ALTA/NSPS is critical, topo is useful for understanding drainage but some details can indicate that on an ALTA if you specify on Table A. topo needed if you're going to build anything on the excess land.as builts are quite useful for improved property.
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9 May 2024 | 12 replies
The builder dried with fans and made sure there was no moisture.
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11 May 2024 | 25 replies
After COVID, there was an excess of cash pumped into the economy.
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9 May 2024 | 8 replies
-Has no crawlspace (common for older properties) so we couldn't see the foundation-Drywood termite/wood decaying fungi damage seen on all the windows/doors/parts of the beam on the exterior, parts of roof decking and rafters in the attic-Old leaks/moisture damage seen in the ceilings and attic-Parts of the roof has patch work-Roof doesn't have any permits on record (don't know how old it is)Seller's offer to me:-Fumigation treatment for drywood termites (tenting the house)-Replace and repair all damage wood throughout the house-Replace the entire roof with a new permit-Replace one window in every room (not all)-Pay for a structural engineer to inspect the foundation-Offer to get quotes for repairs and have a 15-20K budget to make all repairs, house is 500K.
9 May 2024 | 27 replies
LOTS of people in beach markets like mine report the Schlage Encode has issues with the humidity/moisture.
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10 May 2024 | 4 replies
California charges a minimum tax of $800 a year per LLC, and more if you have gross receipts in excess of $250k.
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10 May 2024 | 7 replies
You should only consider switching when your current software has a significant flaw or lacks features that force you to spend excessive time on workarounds.