All Forum Posts by: Sean Pedeflous

In one of my duplex units, one girl wants to stay and renew her lease but with two new people as the current other two are moving out.

She had 2 people willing, but one of them was a smoker so I had to say no. She said she will look for someone else. I'm worried if she can't find someone she'll bail out right be for her lease is up and I'll be stuck scrambling for tenants as opposed to looking for them in now.

Has anyone experienced this and have any suggestions? This is all verbal as well. I don't think she wants to renew a lease with out the other roommates set. Not sure how to go about it.

My CPA told me to check out this company, but they claim to have been around for decades but only have a few trust pilot reviews... all in the last few months so I am unsure.

Has anyone ever heard or used them before? Or does anyone have a recommendation for a reputable online cost seg for my 400k duplex?

https://costsegregationguys.com/?gad_source=1&gbraid=0AA...

 I wasn't going to do vinyl due to weather concerns, was thinking chain link black vs pine wood!

I own a duplex in Fayetteville Arkansas and the city is buying part of my backyard to add a trail which connects to a great local park. As part of the deal, they are paying me to take some of the backyard. It's a large yard that overlooks trees and such. I thought a great value add would be to add a fence to buy units (with a divider).

I'm trying to decide what the best kind of fence would be: pine vs powder coated chain link? They are about the same cost (which surprised me) but for a rental property that is really probably mostly for pets, I'm concerned about maintenance and upkeep. Has anyone had any success of failures with picking the wrong kind of fence for their property? Any insight would be great.

It's an investment. I live in my primary (HCOL area). With this being my first rental, I guess I don't totally have a clear clear plan. As of now, holding!

 Yes - always best to run the numbers. Definitely not doing it now, but learning what I need to know!

 Yes agreed. This is my first rental, so I am not 100% clear, but I plan on holding. No plans to do anything else. Eventually buy another one.

 That makes sense! thanks!

I'm sure this question has been asked a hundred times, but I recently purchased a duplex in May with a 7.125% rate. Now that it appears rates are coming down in the near(ish) future, what is a general rule of thumb on when to refinance? I currently cash flow $400 dollars a month. Wondering what people's thoughts are! Thanks!

Thanks @Ryan Blackstone. I just PM'd you too. Where did you get the $1550 number from and why Aug 1... because of school starting? That would be a $145 dollar drop from what I just rented the first unit out last month?