Jon Mason
Spelling out things like light bulbs and unstopping toilets?
2 August 2019 | 20 replies
At the expiration or termination of the Lease term, Tenant shall repair any damage to the Premises or its contents and shall leave the Premises and the contents in a clean and good ordered, undamaged condition with the kitchen and all appliances, bathroom fixtures and building equipment clean and in the same condition as on the first date of the Lease including without limitation all interior and exterior finishes of doors, walls, banisters, closets, cabinets, ceiling, railing, trim, stairs, appliances and equipment it being the intention of the parties that the Premises shall be returned to the Landlord in its original condition.Tenant shall also:Maintain the house and all appliances, such as refrigerator, stove, dryer, washer, alarm, heating and window air conditioning units, if any, and return in the same working order.Promptly notify Landlord of any repairs even if some are Tenant’s responsibility.Promptly remove all garbage and debris and place at the curb for collection in secure containers respecting all applicable recycling laws.Use all plumbing, heating, cooling, gas and electric and other facilities in a safe manner.Not flush wads of toilet paper, grease, oils, coffee grounds, fibrous materials, q-tips, sanitary napkins, tampons or condoms in the toilet or down any drains.
Dan Robinson
Buy Occupied Apartment Buildgin
11 November 2019 | 5 replies
The most common exemptions are rental units in these categories: rental units (including condominium or cooperative units) owned by a natural person whoowns no more than four rental units;" - https://dhcd.dc.gov/sites/defa...Thanks for the help in advance!
Felix Zayas
Reality Vs. Expectations
31 July 2019 | 1 reply
Naturally when looking at investments they cost more to you because they are riskier.
Michael Ealy
Is "Stupid" Money Chasing Millennials in Your Market?
12 August 2019 | 71 replies
Naturally, the lever is much more powerful in a lower cap rate environment.
Princeton Brooks
Advice Needed for First Investment
3 August 2019 | 21 replies
Decreased global demand for oil, benchmark interest rate drop, mortgage applications are down for 3+ weeks, freight trucking is way down, gold is up, the stock market is up and down (a lot of emotion there) but I think we are in for a drop, bonds are sliding, quantitative easing will ramp up again.
Eric Shadowens
Multi-family as a non-accredited investor
7 August 2019 | 25 replies
An accredited investor, in the context of a natural person, includes anyone who:earned income that exceeded $200,000 (or $300,000 together with a spouse) in each of the prior two years, and reasonably expects the same for the current year, ORhas a net worth over $1 million, either alone or together with a spouse (excluding the value of the person’s primary residence).
Matt R.
How much is "enough" reserve for vacancies?
18 August 2019 | 7 replies
Natural disaster, property damage remediation are two that can leave you in a serious pinch.Kwame
Henry Kaldenbaugh
Mobile home BRRRR's to upgrade for rentals or Lease to own
30 July 2019 | 0 replies
A mobile lot with utilities in (water, good septic, electrical hookup, and propane tank or natural gas connection) and a dilapidated pre-HUD mobile will bring $30,000-$45,000.
Account Closed
NAICS code for SDIRA LLC (Texas Franchise Report )?
31 July 2019 | 2 replies
Account ClosedIt should be investment in nature otherwise it will be subject to UBIT which many people overlook with SDIRA LLCs.
Jeremy Keone
$52k loss on schedule E. But only reduce my WG-2 by $6k???
1 August 2019 | 4 replies
It's impossible to give you a definite answer without seeing the return and discussing your facts and cirucmstances.However --If (1) you are not a real estate professional and (2) your modified AGI is between $100k and $150k, it sounds like the return is calculating correctly.RE losses are passive in nature if you're not an RE pro.