Evan Grant
Learning to raise private money, wholesale, flip and hold ... here to vet and learn!
14 January 2025 | 1 reply
I have flipped new homes and townhomes but phased out raising a family and now am focused on utilizing my skills which are building, selling, expanding a circle of influence to focus my effort on the above.
Aaron Wolman
Looking to split utilities for the first time
19 January 2025 | 2 replies
It cash flows without the utilities split but I am planning to hold onto for a long time so splitting the utilities seems to make sense.
Jorge Caceres
Utilities included worth the risk?
7 January 2025 | 28 replies
I would definitely go with a utility cap.
Danielle Weaver
How to protect yourself as an owner who pays utilities
17 January 2025 | 5 replies
So now we cover utilities for both units and the new tenant pays a higher amount too on the back unit to cover all the utilities with a great profit.
Michael Overall
Utilities and Interest during remodel Basis or year deduction
19 January 2025 | 2 replies
The first is that there's no consensus between tax professionals, and the second is that you will not like my personal interpretation.My interpretation is:Until the property is "placed in service" - everything goes into basis.Illustration.You buy a property July 1st.You finish rehab November 1st and put the property on the market.Your tenant moves in January 15th.The property was placed in service November 1st, and it does not matter that the tenant did not move in until the next year.Everything paid between July 1st and November 1st, including interest and utilities, goes into basis.
Jordan Laney
PM changed the utilities too early and now we're stuck holding the bag
8 January 2025 | 38 replies
The PM change the electric utility to the PM's name.
Brandon Morgan
high utility costs for tenants, non compliance, not sure what to do.
9 January 2025 | 3 replies
hi all i am a new landlord and got my first rental property. tenants moved in in September and October. the first month was fine but when December hit it got extremely cold and the heating is electric. due to poor insulation in the home that we did not know about the heat has to be turned very high up to keep the home warm, however since everything is electric it is causing the electric bill to be $800. the utilities are the tenants responsibility. however because of this one of the tenants has been extremely non compliant with paying rent.
Victor Garcia
Recommendation fo Cleaning Service Company for Retail Store in the Bronx NY
19 January 2025 | 3 replies
Hello @Victor Garcia,I’ve worked with Myah Maids @myah_maids on Instagram.
Jed Butikofer
No more mortgage payment, but not yet FI/RE: How should I utilize these funds in REI?
19 January 2025 | 36 replies
Looking for thoughts and suggestions on how to utilize these new funds for real estate investing.
Dionte Griffin
first deal advice
3 January 2025 | 3 replies
Due to increased rates i did not refi so i did not get opportunity to see how an appraiser valued the half bathroom but the comps with same bathroom count had crazy valuation for the additional half bathroom.Taking under utilized space like a work area to add a br where the added br does not put you above the normal for the area can add value.Similar if a neighborhood is virtually all 3 br and 4 br properties and you find a 2 BR, it could be a value add to add the bedroom via new construction.