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30 November 2024 | 5 replies
Where are the places that I can meet someone who I can potentially work with?
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1 December 2024 | 0 replies
My buy box is a home 5 years or newer, A or B-rated schools in the 200K-400K range that will appreciate over time with someone paying down my debt.
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6 November 2024 | 5 replies
In fact, some may actually require the LLC to be in place before they'll lend on the investment.
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30 November 2024 | 1 reply
III. 35% of the high-demand prime commercial space (~10,000 SF) was vacant at close and was never marketed for rent online.
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8 November 2024 | 5 replies
First off, huge congrats on making the jump!
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8 November 2024 | 19 replies
If the sign is tired, so is the self-managing owner.
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30 November 2024 | 4 replies
Here’s what I do with my rentals:I either have tenants split the utility bills or include a clause in the lease that states if the gas or water bill exceeds a specific amount ($X), the tenant will be responsible for the overage, provided there are no leaks or other infrastructure issues contributing to the high usage.To determine this $X amount:Water: I take the highest water bill I’ve had over the past year (excluding periods where leaks occurred) and add about $15 to account for small fluctuations or potential increases.Gas: For gas, I calculate the median bill during the winter (when usage is highest) and the median bill in the summer (when usage is typically lowest).
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8 November 2024 | 38 replies
No, as I mentioned I have LTR rentals but it's becoming difficult to keep buying these when I don't get any immediate tax benefits from them, I've bought two in the last 2 years and had to put out a bunch of money to get them ready, etc and not one cent of that is a writeoff for me until years in the future when I actually have passive profit, meanwhile I live in a high tax, high COL state.
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30 November 2024 | 3 replies
There are many groups that meet across the country.
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7 November 2024 | 1 reply
We introduced a new color scheme for our new construction homes.Once the exterior paint was finished, we realized that we strongly disliked the color we chose for the garage door.Easy fix, spend the money to repaint the garage door and update the color package for future homes.Hiccups like this happen every day in this industry.