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5 June 2024 | 116 replies
Shelter is a “human need” according to NASA, along with water air and food.
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30 May 2024 | 5 replies
You could sell and 1031 it into the next property but you'd usually have to time the sale of your existing property and the closing of your new property right.I also wouldn't worry about having central air in the property unless that is essentially a requirement for you to remain competitive with the rest of that market.
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29 May 2024 | 12 replies
If this election is made, the term “section 179 property” will include any qualified real property that is:Qualified improvement property as described in section 168(e)(6) of the Internal Revenue Code, andAny of the following improvements to nonresidential real property placed in service after the date the nonresidential real property was first placed in service.Roofs.Heating, ventilation, and air-conditioning property.Fire protection and alarm systems.Security systems.https://www.irs.gov/publicatio...
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31 May 2024 | 44 replies
PMs who take time to teach tenants how to change out the air filters or how to shut off the main water or how to reset the breaker that trips will not only reduce service calls but will keep capital expenses down (changing out air filters regularly can diminish the chances of having to replace the condenser coils, for example).Maintenance repair surcharges isn't the only charge owners should look for in their PM agreements, but it is one of the more important ones that often gets overlooked.
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27 May 2024 | 1 reply
He did a full renovation and in the process switched from a wall heater/central forced air unit to mini splits.
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29 May 2024 | 2 replies
.- Both boilers installed new 2017- Both electric panels upgraded 2015 - Shared Backyard access for bottom 2 units- No Parking, No Central Air- House built before 1900- Roof about 20Yrs old- Assume Fed cuts rate at least .25 point later this year Any thoughts would be appreciated.
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29 May 2024 | 9 replies
The university and the Air Force base are a continuous source of renters as well as incoming transplants.
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29 May 2024 | 4 replies
Assume a 10% (pulled out of the air number) interest rate on the heloc.
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29 May 2024 | 9 replies
If you were looking to house hack I would recommend finding something that you could rent the top out as an air bnb (STR) and live in the basement with a completely separate entrance.
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28 May 2024 | 1 reply
I'm reaching out seeking some insights and advice regarding a rental property I currently have listed in Greenwich, CT.https://www.zillow.com/homedetails/33-Talbot-Ln-APT-3-Greenw...I have a beautiful 3-bedroom, 1.5-bathroom townhouse available for rent, featuring amenities such as central air, a spacious deck, a one-car garage, and an attic, along with one designated parking spot.