Jim Stanley
Inherited my Parents' house near Dayton, OH. Advice?
26 April 2024 | 6 replies
If I were in your shoes, I would first evaluate the area, and if it fits my criteria and I know what kind of tenant I can put in there I would continue to the next step:Finding out how much it would cost to rehab and what kind of rents I can achieve.
Sridhar D.
Tenant keeping apartment untidy and unsanitary
27 April 2024 | 7 replies
I often provide a sheet of costs for certain cleaning/replacement items that will be assessed if they have to be dealt with at move out- Leave out that its making showing hard..... they dont care.
Jim Windgassen
Electric Vehicle Charging - Draft Lease Statement
26 April 2024 | 11 replies
Is it out a window, pinched by a garage door seal, a walkway trip hazard, or just fine. 2) The NEMA 6-20 plug is a good choice for low cost charging.
Andrew Pettit
Accountant Fee to High?
26 April 2024 | 11 replies
Our area is not unique, this is a nationwide issue (opportunity) for accounting firms.In the end I think many would be well served to think of their CPA/EA as they do an attorney - while they can also help provide planning advice to better structure your tax life and save some money, a portion of the cost is just a cost of doing business - you are required to be compliant by the Feds / states / etc, and the CPA/EA is insurance to ensure you get it right and stay out of their way.
Kyle Allen
Long distance vs hands on
27 April 2024 | 20 replies
Entry costs are lower out of state but I have a great Real Estate agent with a vast network I can capitalize on.
Sean Haley
Anyone have experience in Owner Financing?
27 April 2024 | 10 replies
The risk is if they stop making payments, then you would need to foreclose and that could take a long time and cost a lot of money.
Thomas Talbert
Need some BIGGG Tax Breaks
26 April 2024 | 12 replies
If your PM doesn't already have a retirement plan, there are credits right now against the costs of setting one up and training.
Faiz Kanash
Question about how Gross income should be reported on a flipping business...
26 April 2024 | 10 replies
Your "gross profit" for flips is going to be what the property sold for minus all Cost of Goods Sold for the property (purchase, closing costs, renovations, holding costs, selling costs, etc).
Satish Nallapaneni
Cost for building a 1-car or 2-car attached garage
23 April 2024 | 2 replies
How much does it cost to build either a 1-car or 2-car attached garage to an existing home in the Farmington Hills area.
Bashir Hopewell
Rehab estimates help
26 April 2024 | 5 replies
If the foundation of a home needs work, how would I estimate my repair cost on a home that has 1800 square feet ?