14 April 2020 | 5 replies
I own a house in Easton Maryland, the tenant is moving after 12 years, I need to ready the house to sell - notified several home improvement contractors - 5 days ago - and have yet to hear from them.
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25 March 2020 | 15 replies
All of my March/April reservations have been cancelled as well...I’m hopeful that things will improve by May though.
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20 March 2020 | 12 replies
I'm not stupid, I know you get a sizable discount on everything at the home improvement stores.
19 March 2020 | 6 replies
If you make a larger improvement or repair, keep the receipts and get the 1099 if necessary.
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11 July 2020 | 6 replies
And I am also part of 2 mastermind groups that are also supper supportive and helpful when it comes to improving myself as a real estate investor.
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1 April 2020 | 13 replies
For example, it might be advisable to use the HELOC to deposit into your personal account and then do a contribution to the entity account, and then do the purchase or improvement - instead of just writing the HELOC check for the purchase/improvement directly.Definitely something to consult with your attorney or accountant about (I am neither).
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6 October 2020 | 78 replies
Any other rents/funds I spend on the items that may not be approved, like expenses that could be considered improvements etc.
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7 April 2020 | 27 replies
Sellers want to wait thinking the situation will improve back to normal.
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18 March 2020 | 0 replies
Scott Gottlieb, former head of the FDA, to companies in the NYSE.US will soon have massive testing capacityConfirmed cases will grow exponentially now that testing is finally getting rolled outDon't be surprised to see 1000 confirmed cases in a dayBy the end of April to early May, it will start to plateau (depending on containment behaviors that we are currently living)Schools will be closed for this school yearThe summer heat in the northern hemisphere will help to contain the spread, although it will continue to existEvery reason to believe that the southern hemisphere will experience rapid spread as the weather cools (expect continued travel restrictions)The risk posture will improve in the Fall with the following:Point of care diagnostic (local swab testing everywhere - will allow early detection)Therapeutic antiviral drugs will be available (not a vaccine)Monthly injections of an antibody will be available (not sure what this is), particularly for medical workers and members of nursing homesThe testing capabilities that are getting put in place will provide a massive surveillance system to provide early detection until a vaccine is in placeAll of this will make the virus more manageable until we have a vaccineThe virus is very contagious (more than the flu)10x more deadly than the fluEven without death, the hospitalization rate (15%) and critical care rate (5%) are extremely high (we don't have medical capacity without containment)Mortality rate:1% overall4% ages 60-7010% ages 70-8014% ages >801 in 250 to 1 in 550 for some his age (47) - said "that's enormous"He recommended that his parents stay home for a couple of monthsHe also felt that masks should be produced and mandatedThese bullets are subject to my note taking and I am certainly not qualified in this area.
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19 March 2020 | 3 replies
I'm hopeful that we've collectively learned some lessons from those mistakes.I will not be waiting for huge price improvements, but will be trying to pounce on any opportunities as they arise.