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14 August 2024 | 19 replies
A DIY cost segregation study will likely give you the report within a day.These studies are generated by completing a questionnaire that was created by engineers.Best of luck.
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23 August 2024 | 181 replies
@Tucker Cummings after struggling with SMS Marketing (and Wordpress plugin), and Slybroadcasting not having all the functions I wanted, I was just about to set up a Mautic installation on Digital Ocean when I came across REI Reply.
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15 August 2024 | 5 replies
Repair & installation costs in the Boston area are some of the highest in the country.- Watch out for residential tax exemptions, and be aware of which towns / cities have them.
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15 August 2024 | 26 replies
It is probably worth giving DIY self-management services another shot -- this way when you do go with a PM you'll have had your first experience managing it on your own, so you'll know what to look out for).
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13 August 2024 | 11 replies
. - Asset Protection Layout A CSS Decision Diagram flowchart intended to bring together all the various questions when assessing the benefits of a Cost Segregation Study (via a professional or DIY).Let me know if you have questions or want to chat further - I can give you my investor perspective - text me at 512-368-9940 and we can talk further.PS.
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13 August 2024 | 21 replies
If what I wrote is not clear to you or if some of my assumptions are wrong, then stop your DIY attempt and hire a tax professional.
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20 August 2024 | 45 replies
For purposes of this Section 19 only, “Interest in the Property” means any legal or beneficial interest in the Property, including, but not limited to, those beneficial interests transferred in a bond for deed, contract for deed, installment sales contract, or escrow agreement, the intent of which is the transfer of title by Borrower to a purchaser at a future date.If all or any part of the Property or any Interest in the Property is sold or transferred (or if Borrower is not a natural person and a beneficial interest in Borrower is sold or transferred) without Lender’s prior written consent, Lender may require immediate payment in full of all sums secured by this Security Instrument.
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12 August 2024 | 4 replies
Many DIY landlord use their own names & addresses.
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13 August 2024 | 11 replies
I'd also install 1) can lights in the kitchen, 2) under cabinet strip lighting, and 3) a push-button for the garbage disposal.
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12 August 2024 | 6 replies
But per lot it will cost roughly the following:$1,500 Electrical poles, meter installation $2,000 water taps and connections$5,000 grading and land prep$8,000 septic installation (assuming a 1:1 ratio of homes to 1000 gallon septics)$5,000 down payment on each home ($700-750 / thereafter per unit)$21,500 total set up x 17 = $365,000Ongoing expenses after development would look something this for POH model: $12,750 a month in mobile home mortgages (17 x 750 for PITI on each unit) $1,900 a month in land mortgage PITI (house) $3,000 a month landscaping$2,000 a month in reserve emergency fund$2,200 management$21,850 a month total expenses $262,200/yearOngoing incomes after development would look something this for POH model:$27,000/month ($1500 x 18 {17 mobile homes plus house})$324,000/year324k-262,2k = 61,800 net pre-tax profit or $5,150/month.Opportunities to reduce start up expenses: Bulk deals with the government or contractors for doing all the work at once (electrical, water, land grading, septic) Trade free rent for someone to mow and landscape (turning a $3k event into a $650 event every month).