All Forum Posts by: Randall Kates

I am thinking about raising rent on a year old rehab that I have a tenant paying $1200 monthly for! I am thinking of charging $1225. He is a Foreign Exchange student who is in his Sophmore year so I am thinking of upping it every year thoughts?

Add my email [email protected]. I have  another in  Strawberry Mansion!

@Account Closed Good point Mike.  Do you know  of any good threads or  articles  that breaks  down the  art of  Subject To  funding of  deals?

Thanks for the link! I inboxed you.

I decided to be proactive instead of sitting on te couch so Ill be flying from Philly into Houston to volunteer on the 16th.Do you have any non profits or charities that would need volunteer work?

How many beds and baths?

Id go with the multi family! You say it may appreciate better but one of the keys in investing is to never put appreciation as a determinant that's more of an extra! It's the key fundamentals of cash flow that takes the reigns and the duplex will win! Also with multi family appreciation is a different play in a itself! You gain more appreciation by raising rents and cutting expenses improving operations!Long story short two different types of tools with one being sharper.

@Darrin Carey @Stephanie P. Thank you both for your input 👍🏿!

I myself  am  looking to buy  multiunits  anywhere  in philly but single families in selected  areas.

I have a rental that I'm currently rehabbing that I purchased under my LLC that I will BRRRR via cashout refi. I was listening to a podcast and a fella said that it is better to purchase under your personal and refi because their is a considerable cost to refinancing back from an LLC to a personal due to the banks rules. Is this so? I'd like to be enlightened on this. Thanks in advance.