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6 April 2017 | 0 replies
The NNN covers most items and there isn't much else in the warehouse that can fail.
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14 April 2017 | 12 replies
@Benjamin CowlesYou can have the tenant be responsible for general maintenance (lawn care and such) and minor repairs on plumbing and appliances.It would make more sense for the owner to be responsible for roof/door/siding/HVAC replacements because those are capitalized items for your cost basis for depreciation and if the option is ever exercised...
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10 April 2017 | 25 replies
Trouble for rent collectors (landlords) and mortgage premium collectors (banks)?
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13 April 2017 | 41 replies
Second, you will likely find that a major CapEx item can substantially reduce your returns.
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7 April 2017 | 7 replies
This covers your personal items such as clothes, furniture, etc.
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13 April 2017 | 23 replies
You are required to mail the tenant an itemized statement showing the expenses that you take out of his deposit.
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17 April 2017 | 6 replies
or the units were to be closed.I am sure there are some checklist items we can conduct for a case like this.
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8 April 2017 | 1 reply
I am aware of Connected Investors and have been listening to them for several years but I have not spent any money on their items mainly because of my medical problems and my inability to work forc the last few years.Connected Investors has recently had a great deal for $297.00 that included all you would need and that using their automation could be done at home.
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13 April 2017 | 20 replies
If the roof didn't already exist or you are improving the roof (upgraded materials/design, adding dog houses and dormers) then it could be capitalized.However, if it is just a repair/replacement, you could consider it a capital item because it's a project over a certain dollar threshold, with that threshold being set by the company you run and used on a consistent basis.
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14 April 2017 | 6 replies
Since I am a plumber, I see many plumbing items today that are not done the same ways as in older homes.