Ian Imlach
Lender forcing repairs of “possible” issues?
2 March 2020 | 2 replies
Things like cracked window, not strapped water heater, missing smoke/fire alarms that the lender wanted rectified.
Marcele Johnson
Washer and dryer with coin slots or not
17 September 2020 | 12 replies
I think in your situation you could charge an extra fee for the use of the w/d to cover the water usage
Mitchell Wyatt
My first deal...to flip or to hold?
2 March 2020 | 5 replies
You may want to run the numbers again if you rehab the place for $12-15k and take care of the water heater, furnace, etc in that process.
Mike Akerly
ADU's - Interested in Meeting for Coffee?
11 July 2022 | 17 replies
We are still waiting for structural engineering approval and drainage.
Patrick Menefee
Deal #3 - Vacant duplex with a minor rehab!
2 March 2020 | 0 replies
Unit 1 - Painted throughout, installed new floors throughout the downstairs, replaced appliances, kitchen cabinets, the bathroom vanity, the majority of the light fixtures, and the old dirty light switches and outlets.Unit 2 - Replaced water heater and rangeOther - Repaired roof, added some foundation supports, and added curb appeal by painting the patios/doors, replacing porch lights, and putting new house numbers on top of the paint What was the outcome?
Patrick Menefee
Deal #3 - Vacant duplex with a minor rehab!
2 March 2020 | 0 replies
Unit 1 - Painted throughout, installed new floors throughout the downstairs, replaced appliances, kitchen cabinets, the bathroom vanity, the majority of the light fixtures, and the old dirty light switches and outlets.Unit 2 - Replaced water heater and rangeOther - Repaired roof, added some foundation supports, and added curb appeal by painting the patios/doors, replacing porch lights, and putting new house numbers on top of the paint What was the outcome?
Patrick Menefee
Deal #3 - Vacant duplex with a minor rehab!
2 March 2020 | 1 reply
Unit 1 - Painted throughout, installed new floors throughout the downstairs, replaced appliances, kitchen cabinets, the bathroom vanity, the majority of the light fixtures, and the old dirty light switches and outlets.Unit 2 - Replaced water heater and rangeOther - Repaired roof, added some foundation supports, and added curb appeal by painting the patios/doors, replacing porch lights, and putting new house numbers on top of the paint What was the outcome?
Alejandra Tapia
Tax return for a partnership LLC with no business activity
15 April 2020 | 24 replies
The FTB is tougher than the IRS.Now if your advisor is charging you for a no activity or limited activity filing, yes, you are getting hosed.
Steven Weiss
Impact Fees for 1200 sq foot ADU
15 August 2020 | 19 replies
Basically - all developer impact fees from a local agency (city, county,special district, water corporation) are removed if under 750 square ft