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All Forum Posts by: Sachin Maskey

Sachin Maskey has started 32 posts and replied 57 times.

Post: Single family house for rental ??

Sachin MaskeyPosted
  • Posts 62
  • Votes 8

@Anthony Thompson Thanks I will try to reach out to them

Post: Single family house for rental ??

Sachin MaskeyPosted
  • Posts 62
  • Votes 8

Hi All

I am looking for single family house in Newport and Narragansett , RHode island areas . I was wondering the steps and process to find single family house and if I can rent single family house for short term rental or long term rentals?

New port - I have found few properties in Newport which was zoned as residential but was not sure if we can legally do short term or long term rental ?

Narragansett- I am also looking around this areas and if there any restrictions or legal requirements to rent single family house

Who is the best person to reach out to find out the process and steps involve for single family house rental ??

Sachin

Post: Town house VS Multifamily

Sachin MaskeyPosted
  • Posts 62
  • Votes 8
Originally posted by @Anthony Thompson:

@Sachin Maskey yes, town houses are similar to multi-family in terms of advantages such as depreciation (they're both residential real estate on a 27.5 year depreciation schedule) and appreciation - with the caveat/note that personally I think town houses and condos appreciate most near market tops and fall further when the market turns, but generally they're in the same boat.

 Thank you

Post: Town house VS Multifamily

Sachin MaskeyPosted
  • Posts 62
  • Votes 8

@ Anthony Thompson . I really appreciate your feedback . This is very helpful . I do believe for Townhouse you also own the land versus Condos you are not owning the land . In regards to appreciation not sure how much Town house appreciate compare to multifamily ?

Post: Town house VS Multifamily

Sachin MaskeyPosted
  • Posts 62
  • Votes 8
Thank you for your response 
I wanted to know if Town house is same as multifamily investment in terms of other advantages with Multifamily like depreciation / appreciation etc . Just trying to see the Pro and Cons of Townhouse ??

Post: Town house VS Multifamily

Sachin MaskeyPosted
  • Posts 62
  • Votes 8

Hi All,

I am new to real estate investment and wanted to start with 3-4 units multifamily and have been looking for multifamily around providence , RI since few weeks and seems like there is only few properties less than 30 yrs old and most of them are 100 yrs old . I do see some Town house which has been built recently within 10 yrs . I wanted to know if Town house investment is a good idea for investing in real estate for other benefits like appreciation / tax / depreciation etc . What are pros and cons on Town house investment ??

I would appreciate your feedback 

Thank you

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*This link comes directly from our calculators, based on information input by the member who posted.