1 June 2019 | 6 replies
You do have to be more hands on though, as that’s just the nature of low income stuff
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25 May 2019 | 2 replies
I just joked with everybody about how much natural light the place had and it worked out.
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7 October 2020 | 13 replies
It's been a bit overwhelming trying to learn everything, but it will become second nature.
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24 May 2019 | 2 replies
John - I have worked with a few people who have done work of this nature and I personally recommend turning those retail spaces into a consumer-focused retail spaces e.g. coffee shops, mini mart (as you suggested), diners, bookstores, ect.
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24 May 2019 | 5 replies
If the tenants ask something to that nature I would just like to be on point with any questions they may have.
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28 May 2019 | 75 replies
Now if you put in stong offers and lose out, well that's just the nature of the market right now.
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30 May 2019 | 4 replies
Please fact check me because this is only my understanding of this process, and someone correct me if I'm wrong:When you depreciate an asset, you are writing off a percentage of the purchase price of the property each year to account for the natural break-down of materials (land cannot be depreciated).This process effects how much income you have on paper come by tax season, allow you to claim less income and therefore pay less taxes.When you sell a property that you have been depreciating, you incur what is called Recapturing.
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27 May 2019 | 7 replies
One thing to keep in mind is the "fractured" nature of Western PA in general.
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25 May 2019 | 2 replies
Mine has not flooded but I have 2 sump pits with 3 pumps, 2 of which are backed up by a natural gas powered generator with an automatic transfer switch and one pump which is a battery only.
27 May 2019 | 6 replies
I naturally want to limit my liability.