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13 November 2024 | 6 replies
Post-Milton needing to replace single family home roof on our investment property.
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13 November 2024 | 3 replies
I'd check for that before installing LVP and replace the subfloor where needed and treat any termite damage.
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6 November 2024 | 1 reply
I'm in the process of replacing my siding.Does anybody know if there's better resale value for vinyl clapboard or vinyl dutch lap siding?
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19 November 2024 | 23 replies
The HOA takes care of everything outside of the studs and I save enough to just replace anything that breaks and skip the repairs.
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12 November 2024 | 2 replies
He would replace the dirt and sod to correct the erosion issue as well as provide proper drainage.I have two questions:1.
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11 November 2024 | 12 replies
You will be replacing carpet constantly.
11 November 2024 | 3 replies
My questions are: 1) Is this a common concept in commercial properties that the tenant is responsible to repair, maintain, and replace anything in their leased space regardless of the cause?
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12 November 2024 | 171 replies
This would just mean that your 1031 purchases two replacement properties.3.
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14 November 2024 | 25 replies
Thanks,JaredI'd only pursue this if there is an big upside for appreciation, or if you planned on keeping the house forever as a rental.Run the numbers, subtract 15% a year for vacancy and on going maintenance and repairs during each year, subtract 15% per year for maintenance and repairs to get it market ready once you decide to sell it.Example if you were to keep it for 5 years and sell at the end of five years:12x$200=$2400 year gross profit15% for vacancy, maintenance, repairs ($-360.00 per year)= $2040 gross profit per year15% set aside to repair, repaint, replace to get ready to sell on market = $1800 $7000-$8000 net for 5 years of rental.Appreciation over the term you would keep it would be the only incentive, and it could be a big reason why to rent it.
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21 November 2024 | 39 replies
And in second, setting up a "plan Z" where if all else fails what does get "burned to the ground" is replaceable, and the wealth center is protected on it's "asset island".