
30 May 2024 | 22 replies
That's a huge thing you are giving up (and maybe worth the additional price of 315k over 260k to you).

30 May 2024 | 9 replies
These expenditures are capitalized, meaning they are added to the property's basis and depreciated over time.Examples of Capital ExpendituresBuilding Additions: Adding a new room, deck, or other structural improvements.Major Renovations: Remodeling a kitchen or bathroom, replacing the roof, or significant electrical and plumbing upgrades.Appliance Replacement: Installing new HVAC systems, water heaters, or other major appliances.Structural Repairs: Replacing the foundation or significant repairs to the building’s structure.Labor CostsLabor Costs: The costs paid to contractors, electricians, plumbers, carpenters, and other professionals involved in the renovation are part of capital expenditures.Example of Capital Expenditures with LaborSuppose you renovate a rental property, including a new kitchen and bathroom.Materials: $15,000Labor Costs: $10,000Total Capital Expenditure: $25,000This $25,000 would be capitalized and added to the property's basis.

30 May 2024 | 13 replies
In addition, many townhomes have a splash pool and all of the communities have a clubhouse with resort style pools and many have lazy rivers in addition to the homes having pools.

29 May 2024 | 9 replies
Thank you, that is good insight.

29 May 2024 | 3 replies
Thank you for your insight @Ned Carey and @Bruce Woodruff

30 May 2024 | 12 replies
Thanks for your insights Caleb!

29 May 2024 | 64 replies
It works a lot more for just keeping additionals from coming in later on.

28 May 2024 | 7 replies
School ratings are important because they affect demand and rental revenue for single-family homes in addition to other criteria like community amenities and proximity to reputable schools.

30 May 2024 | 0 replies
Low Repair Costs: With only $2,500 needed for repairs, the investment required minimal additional funds.