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11 November 2024 | 5 replies
I got lucky that the tenant wanted a house in my neighborhood to keep kids close to their schoolsHouse was listed for 1750, they offered 2250 but I declined , so they offered $3k, ended up renting the house for $3250 ($250 pet rent) per month, for 3 month, open to extension if needed.I met the tenant and did the background check on them, I felt comfortable renting to them THD takes time with approving the property, but they were quick to approve the lease, and they sent me the checks the next day after lease signingMy house is not furnished, and they were ok with that , they actually work with a company that provides furniture for the tenant, and they coordinate the delivery and setup of furniture on the lease start dateOverall I like the experience working with them , but hey today is day #1 (out of a possible 3 months), so I will update this post if anything wrong happens or if I notice any red flags
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12 November 2024 | 1 reply
What is the going rate for something like this these days?
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11 November 2024 | 8 replies
.: There IS going to be a big impact on Real Estate, especially for Single Family and small Multi-Family that is Owner Occupied.The SALT Deductions are slated to expire at the end of 2025.Trump has already said that he will allow it to Expire:https://about.bgov.com/insights/elections/2025-tax-policy-cr...This is NOT a small change.The Standard Deduction gets reduced by about 40%.Then you get to deduct the SALT (State and Local Tax) that you paid PLUS up to $1 Million in Interest from your Mortgage against your Federal Tax Return.The only limiting factor will be AMT (Alternative Minimum Tax).In 2017 when this Cap was put into place, it made sense.However, now that the average Home sells for about Double what it was back in 2017, many normal Americans can benefit from the Expiration.I'm hoping that the Trump Administration does not extend the Cap.Too many people will love him more if he allows it to Expire!
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1 November 2024 | 30 replies
This area is an area people want to be, thus the prices reflect that.
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11 November 2024 | 3 replies
Unless you are planning on renting by the room, I don't think this will increase your rent.
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11 November 2024 | 10 replies
With no rent for this current month.
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12 November 2024 | 6 replies
Tile is far superior for this application.
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28 October 2024 | 9 replies
Second, welcome to the community and be ready for a huge amount of information at your finger tips.
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11 November 2024 | 36 replies
I don't agree with this exact order but to be honest and fair, there is more than one way to do it right.