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19 August 2024 | 244 replies
You are seriously through the fence in left field and into the parking lot.
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15 August 2024 | 57 replies
Just try to find some really reliable people that can give you good quotes on your landscaping/fence/Kitchen cabinetry and roof.
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13 August 2024 | 15 replies
Are we talking dead spots in grass from urine and trails from running fence lines?
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12 August 2024 | 1 reply
I'm having trouble locating it.Thanks in advance!
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13 August 2024 | 4 replies
On 6 acres you could actually get into trouble building to much of the wrong size of units an buildings.
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14 August 2024 | 12 replies
I've taken all the major options to consideration such as book keeping, accounting, taxes, payments, maintenance/trouble calls, price of software etc.At this point, I'm looking for the most balanced option that will best help protect myself and my assets.
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12 August 2024 | 12 replies
The amount you can use for closing costs and rate buy downs is limited, so that leaves you with the majority of the credit for "upgrades," like finishing the landscaping, building a fence, installing sod, a sprinkler system, planting trees, buying appliances and installing blinds, etc.
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12 August 2024 | 8 replies
But I have been looking into splitting the duplex into two condos (yes I know it is a lot of work) and I could probably get 325-350k for each, netting me 650-700k.Number:* Mortgage interest 2.5%* Mortgage principle 240k* PITI $2100/month* Rent 2200/month (current tenant on a two year lease)* Potential rent on my side $2400/month * 100k HELOC at 11% (fixed) (not currently being used)* est additional cost to split the dueplex 75-100k (conservative, probably less) *new siding 30k (just put on a new roof this year) *legal 10-15k *fire proofing 15k * 15-40k for stuff I am not aware of or underestimated on* some of the appreciation is external from the home *big grocery store put in 3min away * newly paved road in front of my house *a building that was falling down across the street has been torn down * Still a vacant lot with the foundation exposed and fencing around it (so more local improvements are on the way)Part of me wants to take the money and run but man I love that 2.5% interest rate and the $2000/month cash flow (including taxes and capx)I have thought about 1031 exchanging into more rentals, but I would like to pivot into storage units.
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13 August 2024 | 97 replies
The backyard of the house was fenced, and there was no flag as to boundary issues until someone walked up to me while I started renovating, and showed me the real bondary.
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17 August 2024 | 56 replies
We have been able to reduce them significantly through negotiation but often it is not worth the trouble.