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10 May 2024 | 13 replies
The unit is rented consistently and is functional but also needs upgrades, new siding (has 2 layers), Some rooms could benefit from re-wiring and more insulation, Painting is always an issue as it is not plaster but older thin wallboard. kitchen is fairly new, bathroom could use upgrade, upstairs bedrooms have some pitched ceilings but I don't think based on the foundation/construction it is a candidate for a full second story and it had a new roof a few years ago.
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11 May 2024 | 10 replies
This bill is effective immediately due to the inserted ‘safety clause’, which deems the bill so urgent in protecting the public safety and welfare that it immediately goes into effect upon the Governor’s signature.This is not legal advice, rather this is our interpretation of the bill as we continue to work through it to determine how operationally we will function under these new rules.If you are an owner-client of Grace Property Management, please know we are working with our attorneys to ensure full compliance as we continue in our ongoing due diligence and interpretation in this very complex bill.We believe that when property management is performed with integrity, both tenants and landlords benefit.
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10 May 2024 | 7 replies
Once you have a shortlist, sign up for an account with each one and test them extensively to see how they function.
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9 May 2024 | 5 replies
It also has the reporting functionality CPAs are looking for.
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8 May 2024 | 5 replies
They wash up great, don't lint after the first couple washes and hold up really well.We have towels that are 5 years old still in the rotation and still look and work great.I will say that washing towels to keep them nice takes a slightly different tack.
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10 May 2024 | 23 replies
Hundred+ year old homes that needed a full gut, some begging for the addition of a full 2nd story and even digging down in the basement to increase ceiling height and functionality.
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8 May 2024 | 8 replies
However I'd do a deeper dive into these since some of them hold more functionalities than others.
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8 May 2024 | 14 replies
Sec. 1.167(a)-(11)(e)(1)(i) provides that property is considered to be placed in service when it is “first placed in a condition or state of readiness and availability for a specifically assigned function” (emphasis added).
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14 May 2024 | 164 replies
They use a percentage when maintenance/cap ex is not primarily a function of rent.
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6 May 2024 | 1 reply
How practical is acquiring land to dev mini home/1-2 Bedroom functional home?