Mickey Busanet
who should pay Utility charges
30 December 2022 | 6 replies
This takes a little more work, but it's the most fair and reduces the likelihood of tenants that squander utilities.If you choose #2 or #3, there are considerations:Start with an average.
Ngan Nguyen
Is it too early to lower the monthly rent advertised?
16 August 2018 | 21 replies
On the same note don’t wait too long and as soon as you pass the threshold of 2 weeks, or whatever you decide, I would reduce and make sure you have the highest number that will for sure get a tenant.
Matthew Phillips
Looking to Purchase Potential First Real Estate Investment
29 December 2022 | 4 replies
I'm probably going to let the property sit for a little bit and see if they reduce the price more and then offer a slightly lower as well.
Elizabeth Najera
House hacking Questions On Utilities & Mail
9 April 2019 | 4 replies
With two meters, he'll pay the $15.00 plus his use, so it wouldn't reduce his bill at all.
Mason Jeffries
Utilities Included in House Hack??
3 June 2021 | 12 replies
Have the 3BR house put all the utilities in their name and then you reduce the rent to offset your average usage.It will only take one month of them keeping their home at 75 degrees in the middle of winter with their bedroom window open to make you regret 'including utilities' in the rent.
Max Lichtenstein
What goes into closing costs
24 October 2022 | 4 replies
A credit from the seller can help reduce closing costs.
Chris King
Home Owner looking for investment strategy
26 December 2022 | 10 replies
If so, you could turn your current place into a rental, and then you can also buy the duplex with a much lower down payment which will reduce the amount you need saved.
Zachary Gray
Cost Segregation on Commercial Build Out
6 December 2022 | 5 replies
However there could be complications if the owner reduced rent based on your cost of improvements.
Julio Gonzalez
Added Tax Benefits of Cost Segregation
22 May 2022 | 5 replies
Some of the additional benefits include:Reduction in current tax liability Insurance savingsImmediate increase in cash flowMinimization of recapture upon sale of the assetIdentifying disposition expensesIdentifying repair and maintenance expensesEnergy cost savingsConstruction tax planningPreservation tax credits (historical and new market)Fixed asset reviewDEIRA Reports (reduces insurance premiums, benchmarking reports, energy audits and reserve studies)Depending on the state in which you own the property, you may also qualify for state taxdeductions or credits which can be identified with a thorough cost segregationstudy.Real Estate is such a unique type of investment and pairing it with cost segregation makes it even more unique.
Kristen Williams
Maintenance Costs and Billing
5 December 2022 | 1 reply
For quite awhile, I would use my company card to cover the costs and then reimburse my company on the monthly Profit and Loss statements, attributing it as a maintenance cost, and reducing their yield.