3 November 2021 | 1 reply
A rugged renovation (move walls, replace wiring, holes in roof) will likely require hard money or a renovation mortgage, while a light renovation (paint, replace flooring) won't require more than a regular investor mortgage.
2 November 2021 | 0 replies
The potential tenants are aware that I'm the PM and neighbor.Rent: $1,600Tenant 1: a few years about of school, excellent previous landlord references, two jobs, seemed clean cut and put together, Gross Income to half / full rent: 6.77x Half Rent / 3.3x Full RentVolunteered dad (well qualified cosigner) who agreed to be cosigner and passed all screens.Tenant 2: Similar life status and feel as Tenant 1, lives with parents (no rental history), toured apartment with his mom, Gross Income to half / full rent - 3.6x Half Rent / 1.83x Full Rent.Would you require a cosigner for tenant 2 or is tenant 1's dad enough when combined with both incomes?
3 November 2021 | 7 replies
Myself, Housekeeping manager (1), Maintenance specialist (1), Virtual Assistants (2), 1099s for cleaning, inventory, laundry jobs-how often do you do a “market survey” to check other properties?
5 November 2021 | 7 replies
Assuming there's depreciation recapture, will the depreciation recapture and the final distribution amount be reported as regular income?
21 November 2021 | 11 replies
I called my regular dumpster company and several others and none of them would take them.
14 April 2022 | 5 replies
However, the payout stubs only include a "Payout to Homeowner" figure less any expenses directly related to me, such as my extra cleaning request or items specifically purchased for the property.
5 November 2021 | 2 replies
The house is very clean and practically everything has been replaced.
28 November 2021 | 6 replies
Drawings such as road details, utility details (i.e. sewer clean outs, hydrants etc) If you need any help with preliminary layouts shoot me a message.
6 November 2021 | 13 replies
I like ceramic flat top stoves and get self cleaning.
10 November 2021 | 5 replies
They were able to clean up all of the stuff that was able to be vacuumed but now there is still a decent amount of paint damage to the carpet and other surfaces only in the areas they were doing touch ups.