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19 December 2024 | 13 replies
The only real offer I got through FF was for $1700 a month, and I'd rather leave it empty than take that and pay for the heating bills and the extra wear and tear of long term renters.
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17 December 2024 | 29 replies
i provide dishwasher if we are putting a new kitchen. also a garbage disposal.sometimes i provide washers/dryers if i have extra laying around (i always seem to have them).sometimes i have purchased fridges and ovens since it's best to invest in capital expense and get a tenant than to have a house sit empty forever.our lease also states that tenants should purchase the appliance plan, which noone really does purchase.
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20 December 2024 | 27 replies
Do an assessment of value now and after you get the ADU permitted * We have been in situations where $8k for permits could mean an extra $100k in value or $2k per month in rents.
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15 December 2024 | 19 replies
According to the pictures it looks like extra trashy place.
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13 December 2024 | 2 replies
I'm considering converting the shed into a DADU to maximize the use of the space and earn some extra income.
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17 December 2024 | 15 replies
There was also extra bracing to keep the roof from moving further apart.
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20 December 2024 | 20 replies
Other asset classes aren't so the depreciation schedule may not be as quick/beneficial.2) And it is even possible to find deals that are what I call "super-shielders" and which not only shield all the distributions in the investment but have extra to use over on other real estate investments that are throwing off income. 3) Unless you're doing a 1031 exchange at the end or similar tax structure to defer taxes, you will have to *pay back* all that depreciation benefit at the end (on sale...which for you is in 5 years) via depreciation recapture.
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15 December 2024 | 7 replies
(Give that to sellers, they picket $100k after paying off the loan.) and then pay them 4.5% interest (what they could get from the bank.) now you’re talking $750/yr extra interest, and it’s being paid to family.
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13 December 2024 | 35 replies
I do not recall them ever discussing how you cover the cost of property repairs and capital expenditures if you are not concerned about the property making extra money each month.Kyle some investors are in a different place than others.
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25 December 2024 | 60 replies
Only tankless water heaters, extra insulation, heating/cooling, etc....