Using Round numbers Selling condo without realtor for $444,000 bought it at $144,000, $44,000 improvements, no mortgage, lived in first 5 years, rental for last 29 years.1) In order to have zero tax liability on gains...
I recently fired renter's warehouse as my PM company and when they finally turned over all of the documents i requested I found a host of things missing. My mistake early on was not double checking behind the PM compa...
As I "run the numbers" to estimate the cashflow potential of a property, a sticking point for me has always been accurately representing the Vacancy Rate and the Repairs/Maintenance costs. The Vacancy Rate is somethin...
I have my first, legitimately strong lead after months of driving for dollars and I'm seeking ideas on how to structure an offer. There isn't a lot of value-add opportunity, but the seller is motivated. I'll try to be...
A capital expenditure is money spent by a business or organization on acquiring or maintaining fixed assets, such as land, buildings, and equipment. This would include architectural fees, new equipment, cost of protec...
I still live in my first home that purchased around 4 years ago, and have since then remolded around 80% of it including a new roof, added central a/c and heat, among many other updates throughout. The house is about ...
Do these numbers make sense? They want to include all utilities in the rent and also charge me an annual lease renewal fee per apartment. I honestly feel the fees are way to high, and don't understand my advantage to ...
I noticed during routine maintenance that the tenant was allowing her pets to urinate on the floor and causing damage to the laminate flooring. Both wet and dry urine were discovered in multiple places. Pee pads futil...
My wife and I are currently walking through investment properties in Ogden, Utah for our first rental property. We are looking forward to learning from the community.
I recently purchased a mix use property, 1st floor commercial, 2nd & 3rd residential. I am fixing up the 3rd floor and we need to fix the electrical and some plumbing. I need to get to the electrical main panel in...