6 November 2025 | 11 replies
BRRRR can work on Detroit Land Bank/Land Trust houses, but only if you treat them like heavy rehabs with strict compliance: read every program stipulation, confirm deed restrictions and rehab timelines, and underwrite all‑in cost with big‑ticket items first (roof, sewer, foundation, electrical, HVAC) plus contingencies and holding time; many lenders won’t finance until work is complete, so plan cash, private, or bridge funds and expect permit oversight and inspections.
5 November 2025 | 12 replies
.💡 Utilities – If you pay for water, gas, or electricity, those are deductible.🧹 Cleaning & Landscaping Services – Routine upkeep expenses.💼 Professional Fees – Legal, accounting, or property management services.🧑🔧 Contractor Labor & Supplies – Any materials or hired help for property improvements.🚗 Mileage/Travel – When traveling to inspect or manage rental properties (keep mileage logs).💻 Office Supplies & Software – Including bookkeeping tools, printers, and even part of your home office.Creative Ways to Give Back — and Still SaveGiving back can also be tax-deductible when done thoughtfully:🎁 Tenant Appreciation Gifts: Small gifts such as gift cards, snacks, or holiday baskets (under $25 per tenant per IRS rules) can be deductible as a business expense.🏘️ Community Donations: Contributing to local charities, shelters, or community events near your property may be tax-deductible if donated to a registered nonprofit (501(c)(3)).🧤 Property Improvement Drives: Donating old appliances, furniture, or materials from renovations to nonprofit organizations like Habitat for Humanity can qualify as a charitable deduction.Pro Tip:Before December 31st, review your receipts, invoices, and bank statements.
21 October 2025 | 2 replies
Concerns such as the home value decreasing, 24/7 humming noise, increase water bills, increase electric bills and other environmental concerns in regards to health.
10 November 2025 | 9 replies
At the time of purchase, 1 unit was vacant and 3 units were occupied by long term tenants.Renovations: We did a new roof and electrical upgrade for entire property.
6 November 2025 | 12 replies
My dad is an electrical contractor, so I've been around the construction side of things my whole life and even been apart of a few house flips with my dad, so that makes me want to maybe start that way.
4 November 2025 | 9 replies
Pay attention to electrical -check panel, outlets etc.
23 October 2025 | 8 replies
Most hotels dont have kitchens in the rooms , water heaters , rooms are small , electric isnt metered per unit .
22 October 2025 | 5 replies
At this point I am trying to gain insight on if I should look for another contractor to finish this job (the additional bedroom) or outsource specific task like for example electrical to skilled tradespeople and complete the task I am comfortable with doing myself.
22 October 2025 | 9 replies
We have since completely gutted the home (lower story floors, joists, beams, all plumbing and electric) and rebuilt it into a pretty nice 3BR, 2BA, 1,500 sq ft home, which has cost us about $110K.
23 October 2025 | 1 reply
Looking for any and all, Landscaping, doors and windows, roofing, flooring, plumbing, masonry, carpentry, electrical, handy man....etc. appreciate ya and as stated as close to or in Euclid as much as possible please.