30 June 2017 | 12 replies
If so, does the basis on my property stay this same or does it need to be reduced by a certain amount?
14 April 2017 | 5 replies
I offered suggestions for reducing expenses and saving money on her fixed income.
26 March 2017 | 10 replies
They just drain the tank and fill it with a type of cement slurry.If oil is the current energy source though you'll also have to factor in a new energy system, furnace, etc...
5 January 2022 | 20 replies
Marcel B...It takes time, but you can increase it by paying timely and reducing balances owed.
30 March 2017 | 11 replies
I have purchased properties that were county appraised at $70k, rehabbed them, then appealed the taxes based on my purchase price, repairs, and area comps to reduce their appraised value to $45k.
25 March 2017 | 4 replies
So are you saying that I need more equity in my rentals to reduce my risk to the bank?
26 March 2017 | 6 replies
I like the added income stream, tax credits for solar, depreciation, and the clean energy renovation to the buildings.
26 March 2017 | 8 replies
Gas is serviced by DTE or Consumers Energy (southeast Michigan utilities).
11 April 2017 | 17 replies
I have never seen a property that has exhausted all possible appreciation forcing opportunities so even if it seems stable it might still have some "meat on the bone" to improve income or reduce expenses (e.g 100% occupied property usually means there is some room to increase rents).Lastly, forcing appreciation might sounds like an awesome thing to do but it involves a lot of hard work, careful planning and being ready for the hiccups and surprises life throws at you.
30 March 2017 | 12 replies
If you think you will be able to increase rents/reduce expenses it could make a lot of sense.A few bonus questions,- What's the condition of the main sewer line?