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23 February 2018 | 11 replies
Bill back on Pest control is $1500, Trash Bill Back $5000, Utility Bill back $2400, Water billback $38,000.
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2 March 2018 | 5 replies
@Ted DavisYour wife may be entitled to the home office deduction if she uses the area regularly and exclusively for her business.Items that go into the deduction are rent(depreciation, mortgage interest, home insurance, real estate taxes if you own), utilities, etc to calculate the home office deduction.It can be a big deduction so many sure your accountant factors that in.
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23 February 2018 | 3 replies
One of the first things you will want to do is figure out which utilities you have to pay and how much they cost.
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23 February 2018 | 19 replies
Ceiling texture removed, ozoner used, industrial deodorizer, kilz primer to seal, new paint, all flooring except tile in bathroom and kitchen removed, it had no heat ducting.
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22 February 2018 | 7 replies
The rehab will be in draws so you don't pay interest on that money until you utilize it.
22 February 2018 | 2 replies
Question regarding SWITCHING UTILITIES: -Duplex is not sub metered, One meter for home.
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23 February 2018 | 6 replies
I also factor the insurance, hoa dues, garbage collection, snow and lawn, utilities, advertising, maintenance/repairs, CapEx, and property management.
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25 February 2018 | 2 replies
In the meantime of you looking for deals, you need to be stacking money as quickly as possible and another good thing you do with the FHA is utilize a 203k loan in which the rehab related expenses would be funded and this would be wrapped into your mortgage.
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8 June 2018 | 5 replies
@Ricardo SabogalWhat I mean is there is a lot of gray area in some of these rehabs, and unless something is specifically mentioned in the contract, it becomes a matter of "whats industry standard".