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12 April 2022 | 11 replies
.), asked for a P&L sheet for both tenants for all the years, if meters for everything is separated since it's a duplex, renovations, what the seller is expecting, motivation, etc.
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13 April 2022 | 18 replies
Quote from @Gary L Wallman: Quote from @Sateesh B.: One of my tenants is pestering me to replace a perfectly working jetted tub with a plain tub, she is quoting that it is tough to clean and due to that she is getting fungal infection and quoting medical reasons, Plumbers are quoting between 2 to 3K to replace the tub, I asked her to use professional cleaners to clean the tubm but she is pestering me, Am i required to replace the tub, since she is quoting medical reasons will I be liable for any medical bills.
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16 April 2022 | 5 replies
Quote from @Evan L.: Hello,I was wondering if someone in the Memphis/Cordova area can take a look at a property of mine, a single family home.
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13 April 2022 | 4 replies
Quote from @Wes L.: Currently renting at 30% CoC, Cap Rate 30% and a local bank offered 100% of purchase/rehab cost plus 40% more, as a line of credit for 2 years against the property.
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18 April 2022 | 4 replies
Quote from @Eddie L.: The presentation here has some errors as well.
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21 April 2022 | 6 replies
As to our salesman above, I don't think s-t passive losses offset depreciation recapture or l-t cap gain.
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19 April 2022 | 3 replies
It is a two story structure with one exterior door on the second floor (on R, facing the concrete retaining wall, about 4 ft below grade), and a second exterior door facing the water (L).The previous owner has torn up the subfloor in the bathroom downstairs, revealing a constant flow of water running towards the lake.
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19 April 2022 | 5 replies
Neat to see them broken down, but offers less relativity because if all expenses are high in that region, it really mutes visual concept.Im not super keen on the tables with the black labeled Revenue and NOI on the left, but I needed to add this both for my own reference and as a place to insert figures from my P and L.
28 April 2022 | 4 replies
Quote from @Hoi L.: KO Roofing is the roofer I had used in my row-home flat roof replacement in Westbrook Park.Very reasonable and a standup crew.Good luck Thank you!
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26 April 2022 | 5 replies
Quote from @Taylor L.: Pre-covid I started a Multifamily & CRE investing group.