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28 February 2024 | 4 replies
If you find a vacant mom & pop motel with 8 units and just needs to renovate, obviously that will be a different story.
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29 February 2024 | 8 replies
Of course, if you do any renovations on the property to get it ready for rent, those renovations may need to be capitalized (added to your basis) or might be expensed, depending on what is done.
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1 March 2024 | 26 replies
That said I would get a contractor estimate for the renovation.
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28 February 2024 | 9 replies
Our experience in renovating and selling homes, coupled with our individual professional backgrounds, gives us confidence in our ability to succeed in this new endeavor.
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29 February 2024 | 5 replies
Rent for POH x2 is 450/month4th unit empty and needs large renovation ($8k or so) or drug off.
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1 March 2024 | 5 replies
In my opinion, the answer to your question lies in what you project the expenses of the sales side of the business will be.
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29 February 2024 | 8 replies
One is currently rented in Greenwich CT, the other I just purchased in Norwalk CT and in the middle of renovations before I rent it out.I would like to purchase a 3rd home by the end of 2024.
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29 February 2024 | 0 replies
A simple project that should have taken 2 months took him 9 months.
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27 February 2024 | 29 replies
It took us about 2.5 months to renovate the entire property including all the old systems (HVAC, Plumbing, electrical and roof along with everything else).
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29 February 2024 | 5 replies
@Joshua Logan I'm out of the Mankato area, we invest in Section8 apartment buildings (Project Based HUD properties).