12 July 2025 | 15 replies
This unfortunately means it would be classified as 27.5-year property and not eligible for bonus depreciation.If it were detached (like a standalone patio, walkway, or fencing), then it would usually fall under land improvements (15-year property) and be bonus-depreciation eligible under the new bill.Circling back to my point on cost seg studies, if you were doing a full study, there may be a case to reclassify portions depending on construction materials, anchoring, and how the deck functions relative to the building.
11 July 2025 | 49 replies
The inspector cares about their integrity due to the function of job, trust the professional in that setting.Have done 30 + BRRRs in all sorts of states.
12 July 2025 | 91 replies
This precludes the need to do normal HML function of underwriting new borrowers constantly ordering apprasials never seeing in person what I loan on..
8 July 2025 | 7 replies
Curious, does your app just offer visual inspo or does it link to actual SKUs or items for purchase?
9 July 2025 | 0 replies
Your agent can help you negotiate things like a post-closing occupancy (renting the home from the buyer for a set period) or flexible closing dates to help smooth out that transition as much as possible.Here’s a simple visual that can help you think through your options (see below):But the best way to determine what’s best for you and your specific situation?
12 July 2025 | 46 replies
Obviously the difference in rental is a function of the average monthly electrical bill.In his case, considering its true that average electrical bill is 400/mo, i would expect rent to be at least 200/ mo more if solar covers entirely the bill (50%- pure guess)The national average for electric use is around $120 per month.
8 July 2025 | 1 reply
Purchase price: $152,900 Exterior Improvements➤ Mailbox install, roof pressure wash, ramp removal➤ Smart locks on all exterior doors➤ New HVAC system with cage➤ Crawl space vent & door install, window functionality ensuredInterior & Safety Upgrades➤ Full interior paint (gray walls, white trim)➤ LED lighting throughout; smoke & detectors added➤ Deep clean, blade plug, fire extinguisher installed➤ Damaged doorknobs replaced; security system removedKitchen & Bath Renovations➤ Painted kitchen cabinets, new Formica counters, Hard wood flooring➤ Second bathroom addition in laundry area➤ Master bath: new vanity, resurfaced tub, LVP flooring, exhaust fanGeneral Repairs & Touch-Ups➤ Weather stripping, attic trim, drywall touch-ups➤ Tree limb removal, door painting, door hardware updatedStatus: Turnkey-ready, fully modernized, excellent rental appeal Nice!
9 July 2025 | 5 replies
We also train our staff to do informal visual inspections during showings or maintenance calls.
9 July 2025 | 6 replies
It also regularly puts out deals at low 65% or less LTV, and high 10%+ skin in the game/co-investment, etc.They market under 506B so are prohibited from posting publicly on the Internet and instead function by referrals.
8 July 2025 | 4 replies
We use batchleads, has a map function that allows you to search with a radius based on a variety of filter conditions that you set.