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16 November 2024 | 6 replies
However, there are some bridge loans that help owners capture some of their equity to buy a replacement property, while listing their current home for sale.
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13 November 2024 | 8 replies
I’d rather terminate due to foundation issues and high possibility I’d have to replace the HVAC in my first year of ownership.
14 November 2024 | 20 replies
In fact, they stated that the total amount “covers the charge of the replacement purchase and labor to install it under one price.”
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14 November 2024 | 6 replies
I had mold in some cabinets below my sink and it ended up being significantly cheaper to just replace all of the cabinets.
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17 November 2024 | 33 replies
things missing in your list (everyone manages differently, so take it with a grain of salt)Vacancy rateTurn overbad debt legal fees (evictions as needed)accounting fees for professional tax prepmaintenanceProperty TaxesSales Tax on PM fees (In NM, this is charged, not sure about where you are)Reserves for replacement CAPEX - furnace, water heaters, ac, roof, parking lot, etc.Admin, software, advertising, etc.Cost segregation study for accelerated depreciation captureAs for your loan.
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14 November 2024 | 0 replies
Replaced the carpet with hardwood floors & new trim, painted all the walls, and completely renovated the bathroom What was the outcome?
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13 November 2024 | 2 replies
Here’s the context:I own a rural property with two rental units:A manufactured home from the 1980s in temporary status with the county (meaning it can’t be replaced), which currently rents for $1,350 per month.A one-bedroom permanent residence that rents for $1,300 per month.My monthly mortgage payment is approximately $1,200, and cash flow is crucial to me right now.
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17 November 2024 | 16 replies
BP has a good rental estimator that can replace the data from Rentomenter.So how did Macon turn out?
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21 November 2024 | 25 replies
For a big ole' $40k job we're doing new siding, replacing windows, doors etc....
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14 November 2024 | 7 replies
We had a plumber replace the entire faucet, again at no cost to her.