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20 January 2025 | 4 replies
Tyler local, so sparked my interest whenever I see anyone post about the area.Given that your duplex is fully paid off and generating a steady cash flow of $1400 per month, it's understandable that you're having second thoughts about selling it.
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11 January 2025 | 14 replies
@Rafael Valdor some advice when screening PMCs-----------------------------------------------------------------------------------------------------Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.
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7 January 2025 | 8 replies
I’d like more information on the DCSR lenders if anyone has specific recommendations.Also, if anyone needs advice or repairs/ replacement on plumbing feel free to send me a message!
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5 February 2025 | 17 replies
Most importantly, understand the difference between a business purpose and consumer purpose loan.Read my post in this thread, which details our process in actionable terms.
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11 January 2025 | 5 replies
They seem to have a turn-key service option so you should be able to get a lot of information from them.
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9 January 2025 | 8 replies
There are some public sources (www.city-data.com) that can provide good baseline information.
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3 January 2025 | 5 replies
Accurate records of all expenditures are essential to claim deductions and calculate the cost basis for future capital gains taxes, including depreciation recapture.This post does not create a CPA-Client relationship.
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19 January 2025 | 2 replies
Good listings are a people game, not anything you have at the bottom of your post.
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11 January 2025 | 6 replies
Looking forward to learning from this amazing community and making informed decisions!
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20 January 2025 | 32 replies
Quote from @Nate Sanow: Yes I own two that are near 100 years old and I will tell you they are a pain in the you know what compared to all of my post WW2 properties especially post 1980… layouts are better in the last 50 years and energy efficiency is better and I can keep going… HOWEVER to reply to the other aspect of your question, I’ve found appreciation is better with older properties in areas of the path of progress.