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The Inflation Reduction Act of 2022 was signed into law on August 16, 2022. As part of this new act, the IRS was allocated $78 billion to hire around 87,000 new employees through the end of 2031. Of the 87,000, not al...
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In a previous post, I discussed the difference in each of the most common cost segregation study approaches. You can read about the differences here: Cost Segregation Study Approaches Explained
Let’s first start with...
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I have a no pet policy. I used a realtor to screen tenants. We agreed on a section 8 tenant. After submitting the paperwork and having an inspection the tenant was approved. She moved in and after 2wks my husband saw ...
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The business plan is more important than the numbers, this is my experience.
Here is why I feel the business plan is more important. A property may have stellar numbers. Yet, if the target market is not there, now wh...
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Hello,I have a contract with a builder that has the following clause and I am being told I need to pay 10% over the previously signed contract price due to increase in lumber price (which seems to have fallen 3X since...
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Hello,We opened claim to replace the roof because of wind/hail damages (we have the coverage). We got it inspected by 3 licensed roofer and everyone said that Insurance company should pay for replacement. When I opene...
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Hello everyone, I have tenants who moved into a property back in November 2020 and signed a lease through April 2022. They had two pets and they have signed as part of the lease a section discussing an additional $75/...
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What is a usual vacancy time everyone has experienced from the time a place goes on the market to rent and the time it is occupied? I am sure the numbers vary, but what is a usual or average and what would be conside...
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I have a tenant that is going to move out in about three months and I just started advertising the vacancy. How does everyone conduct their credit and background checks on potential renters?
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Hi there,
I had a quick question for you landlords out there.
A year ago, I had a tenant who finished their lease and moved elsewhere.
We had a final property walk-thru of the unit and found the beige carpet we new...