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3 April 2024 | 83 replies
This can be a very tough line to toe, especially when potentially hundreds of thousands of dollars are on the line.While appraising is all about numbers, there are people involved, and anytime you have people involved, the task becomes infinitely more complex (yes, infinitely -- as an example, there's no computer in the world I can't beat in poker, but you add an idiot with half a brain and at best, over a small number of trials, I'm 70/30).So, I certainly don't mean to bash appraisers as a whole, though in this case, I had every intent to bash a particular appraiser...
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2 April 2024 | 20 replies
I have an off listing property that was presented to me needs everything redone hasn’t been renovated since 1958 seller was asking 350k for 2/1 with back room having potential to become another room if closed off what’s a good price to offer to seller since I have to do a complete rehab
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3 April 2024 | 6 replies
If these repairs are left to the tenants and they fail to carry them out, it could potentially lead to a decrease in your property’s value.Here are a few:Structural Repairs: This includes repairs to the walls, roof, and foundation of the property.Plumbing: Any issues with the property’s plumbing system, such as leaks or blockages, are usually the landlord’s responsibility.Electrical Systems: This includes wiring, circuit breakers, and outlets.
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2 April 2024 | 3 replies
I have a 5bd/2.5ba property that I am looking to rent and am curious about the Section 8 program given that many residents and potential tenants in this neighborhood pay their rent with Section 8 vouchers.
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2 April 2024 | 3 replies
It might be tedious, but it’s a wise investment of time to avoid potential mishaps.If you're a Microsoft office buff I'll email my spreadsheet it could be a valuable resource for others navigating similar situations.
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2 April 2024 | 1 reply
By fostering open communication and a spirit of cooperation, I believe we can achieve remarkable results together.I invite you to connect with me to discuss your potential interests further.
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2 April 2024 | 15 replies
Bradley,Do you have any recommendations for the top zip codes in Nevada to invest in SF propies below the median with potential for cash flow?
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1 April 2024 | 8 replies
I've also been told that the panels still generate energy when it is cloudy.
2 April 2024 | 6 replies
This may involve hiring licensed contractors and obtaining necessary permits2.Address structural integrity, electrical systems, plumbing, and potential water damage from firefighting efforts.Insurance Considerations: A history of fire damage can affect insurability and may lead to higher insurance premiums.
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31 March 2024 | 4 replies
Several factors can increase or decrease the adjusted basis, says McGuff.Increases in adjusted basis can result from:The cost of additions and improvements to the houseMoney spent to restore the property after damages or lossLegal fees incurred in relation to the propertyDecreases in adjusted basis can result from:Receipt of insurance payments due to a casualty loss or theftTax credits for home energy improvementsIf you sold your primary home last year, there’s little you can do to avoid capital gains tax liability when you file taxes this April, Liddiard says.