1 October 2014 | 3 replies
Hey all,I'm currently rehabbing a split level house that has a 16' x 8' deck in the front of the house.The deck is built about 4 feet from the ground and leads to the front door.I had my landscaper remove a ton of overgrown weeds/ brush from underneath/ around the deck, but now it looks quite bare with the exposed beams atop a pile of mulch.
23 October 2014 | 7 replies
Most of their stainless steel appliances cost about the same/ less than new black appliances from big box retailers.The choice I'm facing right now is whether to buy brand new black appliances, buy restored stainless steel appliances, or save ~$1000 and buy restored black appliances.
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4 December 2022 | 5 replies
It depends on the nature of the risk each property faces.
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13 September 2022 | 61 replies
I think Short Term Rentals are currently the way to go, and here is why: Location, Location, Location.I mean, let's face it.
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1 December 2022 | 6 replies
I would research whether a life estate (either with powers or bare) accomplishes the goals here.
5 October 2022 | 3 replies
In effect, you cover the difference ($200,000) that the buyer is asking for, which allows you to show the IRS that 100% of the money in the sale went directly through your escrow account and toward the purchase of valid 1031x replacement property.Acting as the lender, you now bring the full amount of cash (the face value of the note) to the closing table.
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5 December 2022 | 14 replies
I'm relatively new to property management and trying to learn as much as I can as quickly as possible...With that being said, what are some of the most common issues you, as a landlord, have faced with tenants in general.
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11 September 2022 | 43 replies
The only vehicles which cannot lose face value are CD's, online FDIC savings accounts (Ally, Discover, etc) and TIPS purchased from the US Treasury Directly (TreasuryDirect.gov).
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5 December 2022 | 1 reply
We didn't make much money on this deal and my mentor barely came out even.
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5 December 2022 | 4 replies
I know this is an issue every rehabber faces so I'd appreciate any thoughts on how else to handle this such as specific penalities in the contract because he hasn't even reached the 30% completion threshold that we agreed upon previously in order to get any payment.