13 October 2025 | 3 replies
I contacted our PM company that we have nothing but good things to say about but when I asked for a quote to have it done, they said it would be a $75 trip fee just to get a quote and an additional 15% fee on top of it to have the work done.
9 November 2025 | 14 replies
It was Amway.The Title Researcher – This “character’ apparently doesn’t know about, or doesn’t believe in title insurance.
7 November 2025 | 38 replies
If you add a $27,500 roof, that’s another $1,000/year over 27.5 years.How this looks at sale (your example):Purchase price: $400,000Building portion (85%): $340,000New roof (capitalized): $27,500Hold period: 10 yearsSale price: $600,000 (ignoring selling costs for simplicity)Depreciation over 10 yearsBuilding: $340,000 ÷ 27.5 × 10 = $123,636.36Roof: $27,500 ÷ 27.5 × 10 = $10,000.00Total accumulated depreciation: $133,636.36Adjusted basis at saleInitial basis: $400,000 + $27,500 = $427,500Less accumulated depreciation: $133,636.36Adjusted basis: $293,863.64Gain (ignoring selling costs)Amount realized: $600,000Gain: 600,000 − 293,863.64 = $306,136.36Tax character splitDepreciation recapture (unrecaptured §1250): $133,636.36 → taxed up to 25% ≈ $33,409Remaining LTCG: 306,136.36 − 133,636.36 = $172,500.00 → taxed at your LTCG rate (0/15/20%).
23 October 2025 | 14 replies
Travelers like memories - character leaves an impression.
5 November 2025 | 12 replies
Is a trip to the area required or should I be able to switch Property Managers from afar fairly easily?
24 October 2025 | 14 replies
Planning Hilton Head trip in a few months.
25 October 2025 | 8 replies
I’m planning a short trip to Detroit in November (dates aren't set yet) and I’m looking to connect with a real-estate agent and a property manager who knows the local market well (especially neighborhoods, market trends, investment-&-rental prospects).Here’s a bit about me & what I’m after:* I’m looking to explore potential neighborhoods, see some homes, and understand the pros/cons of the Detroit market.* I’d love to chat via phone/Zoom before the trip so I’m better prepared.
27 October 2025 | 5 replies
Sounds like you handled it like a pro and earned that fishing trip
22 October 2025 | 9 replies
We still have some final projects to finish up on the house in OH, but they should be done within two more trips in November and December.I have a Realtor who is looking to get the house sold, but with current market conditions in the area, I believe we'd either end up losing our investment (not including labor) or just barely breaking even.
7 November 2025 | 16 replies
An example: You own a property, and a tree limb falls on the front walkway and immediately after the tree limb falls a tenant trips and is injured.