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26 September 2013 | 5 replies
That's what I do.My lease specifies where tenants can park per city/neighborhood rules.One adult could have one car and 10 kids... occupancy and cars need limits on each (assuming your area allows occupancy limits on humans in bedrooms).If your tenant has too many cars, does your neighborhood fine your property... or put a ticket or tow the car itself?
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11 May 2019 | 17 replies
I know when I’m showing my clients properties aside from the big ticket items (kitchen, bathroom, pool etc) HVAC is high on the list.
9 October 2018 | 4 replies
So you should not be in no rush & learn because that's your meal ticket right there.
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5 September 2019 | 6 replies
Then your investments start compounding and it’s easy to scale from there by trading up with 1031 exchange and refinancing.People will spend $100/month and wait there entire life trying to win $1M on scratch off tickets to retire broke, but if they would make the sacrifices above for 2-3 years they have the fortune.
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6 May 2020 | 13 replies
Don't over do the rehab but you still want to take care of larger ticket items while some cosmetic changes will help bring in good value.
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21 June 2020 | 22 replies
The capital expenditures are expensed on an ongoing basis, as compared to all at once when the money is deployed for a big ticket item.
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19 August 2009 | 22 replies
Without someone local, you have no place but to buy a short notice ticket and fly there.If this is in driving distance, its much easier, but the same advice applies.If you really want a very hands off approach, then find someone who sells turnkey investments in the area.
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7 March 2011 | 18 replies
If you haven't seen them in the flesh, I'd buy a plane ticket and have a look.
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20 January 2011 | 11 replies
If you actually pay somebody for labor, then you either expense or capitalize that labor the same as the remainder of the project's materials: big ticket items are capitalized, and associated labor as well.
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22 February 2012 | 6 replies
While you at his site, ask questions about the pricing of that job, how long it took, if he was on schedule or not, if he has subs he uses, what their hourly rates are, etc.3) Call vendors/sub-contractors for pricing - cabinets, finish material, cost per sq. on a roof, new HVAC system, new electrical system, hourly rates.....Your goal in doing this is to get a good sense of the cost for the big ticket items and how much contractors charge as an hourly rate.