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I have 18 windows to replace in the next few days. To keep my interest up and to keep myself accountable, I'm starting this thread. I am a self-managing DIY landlord specializing in 70-100 year old SFR properties in m...
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I am on my 4 SFR flip. So I have just enough experience to think I know more than I do. We are repainting the existing kitchen cabinets. According to the painter he has put 4 coats of primer and 2 coasts of paint (whi...
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Economic Update(Monday, January 4, 2021)Welcome 2021! We’re so happy you’re finally here. For all of us, there is now light at the end of this tunnel. If someone would have told you what was in store of ...
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Hey everyone,I'm intrigued at the idea of offering prospective tenants/buyers my single-family homes with a lease-option or rent-to-own scenario. I don't know a lot about Dodd-Frank yet, except that it definitely appl...
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Ready Set.....I was just going to shoot a quick video about our demo process, but I REALLY like this house so decided to document the whole flip on video. We just started demo today and made EXCELLENT progress. Shoul...
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Hi,I had the fortunate event of having Eddie Speed frequent my portrait studio this weekend.His son had mentioned, to me, his famimly owned some land on North Texas during our photoshoot. Once I met Eddie, I mentioned...
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I have heard quite a few reasons for living in various areas. Weather, family, politics, job transfer, college, etc. However, I don't recall ever hearing someone say they moved to a particular area because it was la...
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This is basically an information gathering post, some things I've been turning over in my head. I've got a few clients considering new construction and I've connected with an architect/builder firm so I have a good f...
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Looking at a duplex listed for $106k to BRRRR. We think it could maybe appraise around $130k ARV. It’s in a B neighborhood. They have 90’s oak cabinets with off-white Formica countertops. One thought is we don’t want ...
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So an experienced CPA recently told me that essentially all costs incurred prior to placing a tenant are considered to be acquisition costs and get written off only as depreciation. Is this true? I'm sure he knows wha...