Megan Ransome
Properties in living trust fund
10 April 2020 | 2 replies
Have them get a simple Warranty Deed online or from an office supply store, fill in the blanks with the proper legal descriptions.
AJ Sekhon
PPP Multifamily ineligibility
15 June 2020 | 11 replies
My lender continued to ask for items and I finally informed them I would withdraw my application so they could help someone else.
Justin Kanipe
Anyone currently buying rentals in this market?
27 December 2020 | 37 replies
Because of item #2 there is more risk to most purchases.Before the virus lockdown, we missed out on an $850K SFH (someone else beat us out on it).
Connor Wentling
What should I do with a damage deposit?
11 April 2020 | 2 replies
Any amount withheld from the security deposit “must be itemized by the landlord and mailed to the tenant,” explains the South Carolina Bar.
Samir Patel
Deal Analysis for House Hacking
10 April 2020 | 2 replies
I believe this one was advertised as "recently rehabbed and rent ready" but I'll have to do my due diligence by checking age of the larger CapEx items (furnace, roof, etc.).2.
Joseph M'Mwirichia
[Calc Review] Help me analyze this deal
10 April 2020 | 4 replies
In my area it is $6 sf to replace. 2000 sf *$6 sf =$12000/10 year life span/12 months in a year= $100 per month for 1 item.
Mitchell Morwood
Brrrr strategy thoughts
17 April 2020 | 16 replies
If you want to use the strategy you just laid out, I might suggest looking for a couple big ticket items on your rehab and try to get them included in your financing.
Alexander N.
Deducting remodel; owner occupied ? W-2?
28 April 2020 | 6 replies
Therefore currently not-deductible but it potentially can be added to basis when you start to rent it out.You may want to consider working with a CPA - it will save you the many hours from having to google items and still not being sure of the answers.
George Griffeth
Problems with General Contractors?
13 April 2020 | 39 replies
This means that they'll have a laundry list of honey-do items that were never accomplished but now need to be done by the end of the week.
Marco Pangilinan
Bathroom Tub and Tile Re-glazing in Chicagoland
17 April 2020 | 13 replies
The kits they sell at the big box store do not work.