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13 November 2024 | 7 replies
Where an exchanger will purchase multiple replacements.
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14 November 2024 | 9 replies
Two years ago, the roof was replaced on the property and recently due to a leak, the roofing company discovered that screens were installed on the drains on the roof that voided the roof warranty.
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11 November 2024 | 0 replies
We also had to replace two rotten walls and some rotten floor joist and subfloor.
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13 November 2024 | 3 replies
Are you sure you are not just doing replacement therapy and you really should be buying a property?
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17 November 2024 | 30 replies
If you want to sell a property and keep deferring that tax by NOT recapturing the depreciation, you can do a 1031 exchange where the proceeds are held by a licensed intermediary for a short time while you identify and close on a replacement property.
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15 November 2024 | 9 replies
Now my focus is on heavy rehab mix use/ multi-families that can be delivered below replacement costs and $400/sf+ outsale new construction opportunities.
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15 November 2024 | 9 replies
Even if your goal is to replace a W2 income, that only works long term if you are making money.
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13 November 2024 | 23 replies
For instance, not knowing what type of panels are on the naughty list in the eyes of the lender will trip you up during a DD period if you haven't underwritten your line item expense of replacing them.
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12 November 2024 | 6 replies
Replacing a sewer lateral is easily a $7500 repair; it's probably closer to $10k, and personally I would have prioritized it over t+p.
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13 November 2024 | 6 replies
When people replace their old homes, you can possibly get those fairly inexpensively if they fit your spaces...Best of luck!