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15 October 2024 | 24 replies
Of course, I'm out the deductible (2k).Incredibly, one week later, another 6ft diameter oak fell across the neighbor's front yard (this time, it damaged HIS house) and took down the power lines to my rental property which ended up causing just under $2000 of electrical work and tree removal expenses for me.
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18 October 2024 | 37 replies
You're asking someone to spend a lot of time and energy to share what they've spent years - maybe decades - learning and developing.
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15 October 2024 | 6 replies
Hello fellow homebuyers,I recently made an offer on a house with an inspection contingency covering the roof, foundation, electrical, plumbing, backyard fencing, and pest infestation.
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15 October 2024 | 1 reply
New signage, added gravel to the park, updated some of the homes, fixed electrical breakers for RV hook up sites, created a website and advertise online.
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13 October 2024 | 1 reply
Reminder:Ground improvements qualify for bonus depreciation.This includes various landscaping.Roads and external parking areas.Sidewalks and pathways.Fences.Utility systems (including the installation or improvements to water, sewage, drainage, and electrical systems).Outdoor lighting.Rec facilities (like playgrounds, sports courts, and swimming pools).And more.It's a big category for depreciation/bonus depreciation that we love.
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14 October 2024 | 2 replies
We have stared the project about a month ago, completely new interior including adding new HVAC all new electrical, flooring, cabinets, tops and so on along with new driveway exterior paint and some siding.My contractor is also an investor, so we were lucky there, good insight to share and also, he has lots of leads for renters.But he is NOT a good photographer LOL. here are some progress pictures .Also, I will like to share that we are closing on one more single-family property early next week and we have a duplex under contract._________________________________________________________________________________________________________________________________________10/12/2024.
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9 October 2024 | 9 replies
Ensure that all electrical fittings are up to code and replace any outdated wiring as necessary.Outdoor Space:Patio/Deck: The small deck area provides a nice outdoor space.
8 October 2024 | 4 replies
IMHO You can go with ducted minisplit systems as this is a new build and subject to the newer energy code.
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16 October 2024 | 16 replies
During the warmer months of the year I typically pay the electric bill and for my internet/tv services.
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15 October 2024 | 26 replies
If more investors spend a fraction of the time and energy spent worrying about asset protection and do the things on a daily basis that prevents liability exposure, plaintiffs attorneys won’t eat as well.