Nick Grewe
How do I be an effective general contractor?
17 June 2022 | 73 replies
You need: 1) a solid, foolproof way to estimate so you actually make money, 2) a comprehensive and exhaustive Scope Of Work, 3) a good looking Proposal, 4) a legal Contract for your state that protects both you and the customer, 5) Change orders that document both cost and time increases, 6) professional invoices and receipts, 7) all the appropriate lien releases etc.Actually knowing to be the perfect carpenter comes a distant second......
Ron Hollingsworth
why PropStream Sucks
20 March 2023 | 6 replies
Obviously no one source is perfect.
Sandy Keller
Advice for Improving 12 C- Rental Units in a C+ Neighbourhood
14 September 2022 | 8 replies
These issues and situation seem like a perfect scenario for an experienced property manager to come in and share best practices, and help you develop a plan to maximize the profitability of these units.
Mike Gorius
Cash out Refi vs. HELOC
21 July 2022 | 3 replies
Basically 1.25% lower than the cash-out refinance.I think this option would be better for your scenario because HELOCs are generally best for deploying as short-term capital.HELOANs act as a 30-year, fixed-rate, fully amortizing the second lien so they are perfect for deploying into a long-term asset like real estate.If you plan to use the funds for a rehab or a flip where you will pay back the HELOC in 6 months, I would recommend that option.Hope this helps!
Peter Morgan
Tenant running AC at 61F outside temperature
10 March 2022 | 23 replies
And in all my leases, I have a clause about repairs, and the tenant must pay for any repairs/service that is a result of their actions (like if they clog the toilet w/ too much tp, clog the shower drain because they didn't trap the hair, or... screw up the central a/c bc they were running it in colder weather)It's unfortunate, but many renters, whether they are low income or high income, feel perfectly OK with abusing the house because they aren't paying for it.
Daniel Beckius
Do Your Amenities Change Your Target Audience?
2 February 2022 | 13 replies
Works perfect for families on the downtime from being on the lake.
Dave Limbocker
1031- Defining proceeds from relinquished property
15 April 2018 | 6 replies
You can replace debt with your own cash as long as you don't decrease debt by purchasing less than what you sold.So the two criteria are Purchase at least as much as your net sale and use all of the proceeds in the next purchase or purchases if you want to defer all tax.It makes perfect sense that capital improvements or original down payments would be able to be pulled out - after all they will never be taxed.
Neal Collins
Airbnb’s in Portland
27 July 2018 | 17 replies
You're the PERFECT example of someone who does, knowing full well what they're doing :D )To actually answer your question, I think you absolutely can find someone interested.
Matthew Powell
Preparing for multiple investments
1 May 2018 | 10 replies
The cure for both: action, progress, not perfection."