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5 November 2024 | 2 replies
@Danielle DeCormisKey would be to find a DSCR lender that would allow for a second and then with that loan do you still meet dscr ratioA better bet would be to bring in an equity partner
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14 October 2024 | 5 replies
@Amyson Varughese have you served them with 14-day Notice to Pay or Vacate in accordance with RCW 59.18.057?
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4 November 2024 | 2 replies
Looking at lots listed for 15-25k in Texas satellite towns to initially hold then eventually build class A/B duplexes.
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3 November 2024 | 2 replies
I own a recently renovated 3 bed 1 bath in the Greensboro area.
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18 October 2024 | 10 replies
Which neighborhood are you in?
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3 November 2024 | 6 replies
We're in FW, TX, and building duplexes to hold and rent.
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3 November 2024 | 2 replies
The general plan is to BRRRR a duplex and rent one unit while living in the other.
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18 October 2024 | 2 replies
Would love to understand pros and cons of being in Nekoosa, Wisconsin Rapids, Lake Arrowhead, Arkdale etc...Appreciate any insight.
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5 November 2024 | 0 replies
To determine if the expense should be classified as a capital improvement or a deductible repair, the context of the expense is very important.An example is, if an item of expenditure is part of a general plan of modernization, renovation or rehabilitation to equipment or other business property, it typically must be capitalized even though on its own it would be currently deductible.According to IRS Code, expenses that you must capitalize are those that:Materially increase valueSubstantially prolong useful life (including replacement of deteriorating assets)Adapt the property to a new or different useHowever, you are allowed to deduct expenses and fees for routine maintenance and repairs that help keep the property in efficient operating condition.
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17 October 2024 | 16 replies
I know his office was in Bethesda.